[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the score , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's the score , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:16.000] The economist , the financi er , the president of the Foundation of More Wis dom ,
[00:00:16.000 --> 00:00:18.000] that is , Mar ius z Stef ani ak ,
[00:00:18.000 --> 00:00:20.000] a lot has happened today during our holiday break ,
[00:00:20.000 --> 00:00:23.000] after which we warm ly welcome our listeners .
[00:00:23.000 --> 00:00:24.000] Good morning .
[00:00:24.000 --> 00:00:26.000] Among other things , the decision was made that in mid - S ept ember ,
[00:00:26.000 --> 00:00:30.000] together with the elections , the Pol es will participate in the referendum .
[00:00:30.000 --> 00:00:35.000] And as many as two of the four refer end um questions concern em igration .
[00:00:35.000 --> 00:00:37.000] We have already touched on this topic in our hearing ,
[00:00:37.000 --> 00:00:41.000] but it shows that for the authorities , the topic of em igration is also important .
[00:00:41.000 --> 00:00:44.000] In the 19 th century , em ig rants built America ,
[00:00:44.000 --> 00:00:49.000] a country that is a model of development and success for many people .
[00:00:49.000 --> 00:00:53.000] Mr . Mar ius z , maybe there is no reason to be afraid of em igration ,
[00:00:53.000 --> 00:00:57.000] since em igration has such great potential .
[00:00:57.000 --> 00:00:59.000] I must admit that I missed our meetings ,
[00:00:59.000 --> 00:01:06.000] especially seeing how many important things were happening at that time in the world of Poland and the world economy .
[00:01:06.000 --> 00:01:10.000] Of course , em igration was built by all civilizations of the world , as far as I know .
[00:01:10.000 --> 00:01:15.000] So it is a definitely positive phenomenon .
[00:01:15.000 --> 00:01:20.000] However , we live in probably the strang est moment in the history of the world ,
[00:01:20.000 --> 00:01:25.000] because the known and the used words mean something completely different than they should .
[00:01:25.000 --> 00:01:30.000] If a foreign , culturally and lower in development nation
[00:01:30.000 --> 00:01:32.000] massively influences the diss ent of its inhabitants ,
[00:01:32.000 --> 00:01:36.000] it was called the invasion of barbar ians , not em igration .
[00:01:36.000 --> 00:01:38.000] And they fought it , not finan ced it .
[00:01:38.000 --> 00:01:40.000] We should be afraid of this ,
[00:01:40.000 --> 00:01:47.000] and the consequences , to be honest , can already be seen in economic statistics around the world .
[00:01:47.000 --> 00:01:52.000] But if someone is paid to come here , it means that the agreement you are talking about is there .
[00:01:52.000 --> 00:01:55.000] If there is no agreement , you do not give money for the arrival .
[00:01:55.000 --> 00:02:01.000] The fact that someone pays for it does not mean that it is in the interest of a given country or a given inhabit ant .
[00:02:01.000 --> 00:02:05.000] Mr . Mar ius z , you were talking about mass em igration , that it is dangerous .
[00:02:05.000 --> 00:02:10.000] We have examples of European countries , France , England , Germany ,
[00:02:10.000 --> 00:02:14.000] which accepted em igration in the 70 s and 60 s already on a mass scale .
[00:02:14.000 --> 00:02:18.000] In England and France , they were often residents of former colonies .
[00:02:18.000 --> 00:02:21.000] In Germany , for example , a large minority of Turks .
[00:02:21.000 --> 00:02:26.000] How did these countries come to such an open , wide door to their country ?
[00:02:26.000 --> 00:02:27.000] Good question .
[00:02:27.000 --> 00:02:31.000] The facts are that the economy of all the countries you mentioned
[00:02:31.000 --> 00:02:34.000] has been as low as ever since the end of the war .
[00:02:34.000 --> 00:02:38.000] It has never been so bad in England , France or Germany .
[00:02:39.000 --> 00:02:44.000] Why ? Mass natural ization of these inhabitants , for example from Africa .
[00:02:44.000 --> 00:02:48.000] And now even in Paris , you have a district where the police do not know .
[00:02:48.000 --> 00:02:52.000] What is happening there on the streets also does not associate with France and Paris ,
[00:02:52.000 --> 00:02:56.000] only with some dark streets , covered in Morocco .
[00:02:56.000 --> 00:02:59.000] White people , Europeans , are not able to do business there .
[00:02:59.000 --> 00:03:05.000] Because there is no such method to keep them se l ves when they are being harass ed , robbed , attacked every day .
[00:03:05.000 --> 00:03:09.000] You will not get a pizza there , you will not get a car , because they are afraid .
[00:03:09.000 --> 00:03:13.000] If they have to go there , they come in a conv oy of police officers .
[00:03:13.000 --> 00:03:18.000] These are the effects of accepting a large number of foreign cultures ,
[00:03:18.000 --> 00:03:23.000] lower in development , in education , in the nation . These are the facts .
[00:03:23.000 --> 00:03:25.000] This is certainly very burdens ome for society .
[00:03:25.000 --> 00:03:27.000] However , what impact does it have on the economy ?
[00:03:27.000 --> 00:03:34.000] The German economy , for example , in the 70 s , 80 s , 90 s , was a global potent ate .
[00:03:34.000 --> 00:03:38.000] Yes , it was the largest economic locom otive in Europe .
[00:03:38.000 --> 00:03:42.000] Anyway , it has been said so so far , of course , it is definitely not true for many , many years .
[00:03:42.000 --> 00:03:46.000] The nail in the coffin was not the em igration , as you say , in those years .
[00:03:46.000 --> 00:03:50.000] Because it did not harm them . I mean , it did , but very little .
[00:03:50.000 --> 00:03:54.000] The nail in the coffin was what was happening there around 2010 and later .
[00:03:54.000 --> 00:03:58.000] I do not know if you remember this gigantic wave of media nar rat ion
[00:03:58.000 --> 00:04:02.000] about the famous engineers and doctors of Syria , Africa and so on .
[00:04:02.000 --> 00:04:06.000] How they are blowing up the German economy , that they have valuable hands for work ,
[00:04:06.000 --> 00:04:11.000] they are super educated , they are running away from war , so they will work hard here .
[00:04:11.000 --> 00:04:13.000] And their millions .
[00:04:13.000 --> 00:04:18.000] Let 's take a newspaper from the previous season , where the Germans were begging ,
[00:04:18.000 --> 00:04:21.000] because it turned out that there was no one to collect as he s in Germany .
[00:04:21.000 --> 00:04:24.000] Where are they ? Where are those millions ?
[00:04:24.000 --> 00:04:28.000] The hand of work . And some even had two hands , those who came .
[00:04:28.000 --> 00:04:30.000] Only two left , sir .
[00:04:30.000 --> 00:04:32.000] But let 's think logically .
[00:04:32.000 --> 00:04:34.000] And you have two options .
[00:04:34.000 --> 00:04:38.000] You will get money every month for free .
[00:04:38.000 --> 00:04:42.000] And if you will give birth to children , which for some may be a pleasure ,
[00:04:42.000 --> 00:04:44.000] you will get more money .
[00:04:44.000 --> 00:04:48.000] Or you have to learn the language , culture , get up every morning .
[00:04:48.000 --> 00:04:54.000] And under the supervision of a raw German , it is very difficult and honest to work .
[00:04:54.000 --> 00:04:55.000] What do you choose ?
[00:04:55.000 --> 00:05:01.000] I belong to a group of people who would try to somehow take up the work of life and existence .
[00:05:01.000 --> 00:05:03.000] I would not run away from it .
[00:05:03.000 --> 00:05:07.000] You see ? That 's why if you go to Germany , to Great Britain , you will learn one thing .
[00:05:07.000 --> 00:05:11.000] Oh , Pol es , great employees , fantastic , let 's hire .
[00:05:11.000 --> 00:05:13.000] Because that 's what we are .
[00:05:13.000 --> 00:05:19.000] A normal , intelligent person can not not work .
[00:05:19.000 --> 00:05:23.000] That 's why even those super rich people , finding some hobby ,
[00:05:23.000 --> 00:05:25.000] so that he would not go crazy , sir .
[00:05:25.000 --> 00:05:29.000] But you have people who came from a completely different mental world ,
[00:05:29.000 --> 00:05:34.000] from different values , and the most important thing that the media do not say at all .
[00:05:34.000 --> 00:05:39.000] Those who come , desp ise the country where they live .
[00:05:39.000 --> 00:05:43.000] They do not respect the culture , they do not respect the tradition , they do not respect the nation .
[00:05:43.000 --> 00:05:45.000] That 's why they will destroy it .
[00:05:45.000 --> 00:05:47.000] That 's why they will not love us .
[00:05:47.000 --> 00:05:49.000] They teach us their culture , sir .
[00:05:49.000 --> 00:05:53.000] Ra ping our women , imposing their customs .
[00:05:53.000 --> 00:06:00.000] And it 's brutal , literally , without exagger ation , on the streets of big cities , European and American .
[00:06:00.000 --> 00:06:07.000] That 's why we distinguish , sir , two fundamental realities .
[00:06:07.000 --> 00:06:13.000] When someone goes to culture to assim ilate with it , he asp ires to this culture .
[00:06:13.000 --> 00:06:16.000] A classic example , classical times , Gre co - R oman .
[00:06:16.000 --> 00:06:23.000] They were the leader , and all the nations that came there , assim ilated because they wanted to be Roman citizens .
[00:06:23.000 --> 00:06:29.000] Now , let 's ask if Ukrain ians want to cultivate our traditions .
[00:06:29.000 --> 00:06:32.000] They do not care at all , they want to speak Ukrainian .
[00:06:32.000 --> 00:06:35.000] And now all of Poland has Ukrainian ins criptions everywhere .
[00:06:35.000 --> 00:06:38.000] What economic benefits is it going to bring us ?
[00:06:38.000 --> 00:06:42.000] When the Polish em igration went to Canada , America or Australia ,
[00:06:42.000 --> 00:06:44.000] were there any announcements in Polish ?
[00:06:44.000 --> 00:06:46.000] In them , really ?
[00:06:46.000 --> 00:06:50.000] Or when the Moroc c ans came to France , were there any ins criptions in Moroc can ?
[00:06:50.000 --> 00:06:52.000] Go to France , today , now .
[00:06:52.000 --> 00:06:54.000] And do you know what you will learn ?
[00:06:54.000 --> 00:06:56.000] You are in my country , speak my language .
[00:06:56.000 --> 00:06:58.000] And if not , it 's your problem .
[00:06:58.000 --> 00:07:00.000] The French have such an approach .
[00:07:00.000 --> 00:07:02.000] And they will say it brutally .
[00:07:02.000 --> 00:07:05.000] Mr . Mar ius z , let 's take a break and we 'll be back to the subject in a moment .
[00:07:06.000 --> 00:07:09.000] Poland
[00:07:09.000 --> 00:07:11.000] Poland
[00:07:11.000 --> 00:07:13.000] The Polish - U k rain ian border
[00:07:13.000 --> 00:07:15.000] Poland
[00:07:15.000 --> 00:07:17.000] Poland
[00:07:17.000 --> 00:07:19.000] Poland
[00:07:19.000 --> 00:07:21.000] Poland
[00:07:21.000 --> 00:07:23.000] Poland
[00:07:23.000 --> 00:07:25.000] Poland
[00:07:25.000 --> 00:07:27.000] Poland
[00:07:27.000 --> 00:07:29.000] Poland
[00:07:29.000 --> 00:07:31.000] Poland
[00:07:31.000 --> 00:07:33.000] Poland
[00:07:33.000 --> 00:07:35.000] Poland
[00:07:35.000 --> 00:07:37.000] Poland
[00:07:37.000 --> 00:07:39.000] What 's the deal , Mr . Mar ius z ?
[00:07:39.000 --> 00:07:41.000] Our guest is Mar ius z Stef ani ak ,
[00:07:41.000 --> 00:07:44.000] economist , financi er , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:07:44.000 --> 00:07:48.000] We are talking about em igration , or rather the difference between em igration and invasion .
[00:07:48.000 --> 00:07:52.000] We are coming back to our backyard , to the Polish affairs .
[00:07:52.000 --> 00:07:56.000] Polish authorities believe that em igration can be controlled .
[00:07:56.000 --> 00:08:00.000] That you can select ively issue permits for work and entry
[00:08:00.000 --> 00:08:03.000] only to those people who have been verified , are credible ,
[00:08:03.000 --> 00:08:08.000] have education , skills and fit into our work market .
[00:08:08.000 --> 00:08:14.000] However , for unwanted guests , Polish authorities have prepared a wall on the border with Belarus .
[00:08:14.000 --> 00:08:19.000] And now the refer end um question is going to the point that it is enough to make it impossible
[00:08:19.000 --> 00:08:24.000] for the European Union to impose any additional limits on Poland
[00:08:24.000 --> 00:08:27.000] migrants from European countries .
[00:08:27.000 --> 00:08:31.000] The fundamental question is whether it is possible to control em igration ,
[00:08:31.000 --> 00:08:34.000] whether it is possible to control the infl ux of refugees or em ig rants to the country .
[00:08:34.000 --> 00:08:38.000] Let 's start with the fact that beliefs should be the domain of the Church , not the government .
[00:08:38.000 --> 00:08:46.000] An economist should know , not believe what is cur r ently and what will be when he makes the next decision .
[00:08:46.000 --> 00:08:50.000] It is impossible to control the movement of larger masses of people .
[00:08:50.000 --> 00:08:54.000] The best example is the most powerful state in the world , the USA .
[00:08:54.000 --> 00:08:58.000] Offic ially , they have already admitted that they do not control it at all .
[00:08:58.000 --> 00:09:02.000] It came to the point that people started to protect the borders of the country on their own .
[00:09:02.000 --> 00:09:04.000] They created the so - called milit ia .
[00:09:04.000 --> 00:09:06.000] Anyway , it has been like that for centuries .
[00:09:06.000 --> 00:09:10.000] This is one of the most effective methods , that is , people simply defend themselves .
[00:09:10.000 --> 00:09:17.000] And only they have a really positive impact when it comes to securing the borders .
[00:09:17.000 --> 00:09:20.000] The American Great Wall for a billion dollars does not work .
[00:09:20.000 --> 00:09:23.000] The Polish wall on the border with Belarus does not work at all .
[00:09:23.000 --> 00:09:25.000] It does not make any sense at all .
[00:09:25.000 --> 00:09:28.000] This is definitely a bad direction of approach .
[00:09:28.000 --> 00:09:29.000] That 's all I can say .
[00:09:29.000 --> 00:09:33.000] Mr . Mar ys ia , let 's talk a moment about what the organization of such em igration looks like .
[00:09:33.000 --> 00:09:37.000] Because it is a huge industry , in fact , international , giving great profits .
[00:09:37.000 --> 00:09:46.000] It is well known that the transfer of an em ig rant from the Middle East to Europe costs such a person several thousand euros or several thousand dollars .
[00:09:46.000 --> 00:09:52.000] Regardless of whether he is driving , let 's say , cars , trucks through the European part or sailing through the Mediterranean .
[00:09:52.000 --> 00:09:54.000] Who to actually afford such an expense ?
[00:09:54.000 --> 00:09:59.000] We are talking about people living in countries where they earn minimal money .
[00:09:59.000 --> 00:10:09.000] The Italian mafia stopped dealing with practically all crimes , and it was dealing with the transfer of these poor refugees from Africa , Syria , etc .
[00:10:09.000 --> 00:10:10.000] They just took care of it .
[00:10:10.000 --> 00:10:11.000] Because they give the most money .
[00:10:11.000 --> 00:10:19.000] Well , like some poor man from Africa , where they earn 50 cents a day , to pay him 5 , 000 dollars .
[00:10:19.000 --> 00:10:21.000] It 's just absurd , impossible .
[00:10:21.000 --> 00:10:34.000] There are people , there are entities , there are whole organizations that finance the entire transfer net works , cooper ating with the ma f ias , sir .
[00:10:34.000 --> 00:10:38.000] And these are things documented , proven , as if it is beyond any discussion .
[00:10:38.000 --> 00:10:42.000] I even saw , I will tell you , fly ers that are distributed in these countries .
[00:10:42.000 --> 00:10:47.000] With the instruction , you will go to Europe and everything is written .
[00:10:47.000 --> 00:10:55.000] What will be , what you have to do , what you have to say , and then suddenly it turns out that in Sweden , the beard ed Arab is an under age Syrian immigrant .
[00:10:55.000 --> 00:11:00.000] So he says , " And I have five more things , four wives , etc ." and suddenly brings in 30 people .
[00:11:00.000 --> 00:11:04.000] He was the only illegal under age immigrant .
[00:11:04.000 --> 00:11:07.000] Women and children , sir , who always come .
[00:11:07.000 --> 00:11:10.000] Women and children always come , sir .
[00:11:10.000 --> 00:11:13.000] Like those Ukrain ians who drove in women and children .
[00:11:13.000 --> 00:11:17.000] And those great Ukrainian bull s that walk on Polish streets , I don 't know where they come from .
[00:11:17.000 --> 00:11:19.000] It 's like that everywhere , sir .
[00:11:19.000 --> 00:11:22.000] Because we will help women and children . And it 's so noble .
[00:11:22.000 --> 00:11:25.000] But why can 't we help these women and children on the spot ?
[00:11:25.000 --> 00:11:31.000] In Ukraine , Syria , Africa , in their country , in their language , in their culture .
[00:11:31.000 --> 00:11:35.000] Why do they have to travel half the world to get here ?
[00:11:35.000 --> 00:11:37.000] What 's the point ?
[00:11:37.000 --> 00:11:41.000] The mafia is making money on it , or we finance the mafia , sir .
[00:11:41.000 --> 00:11:44.000] How much is the deal in Poland , let 's take any newspaper .
[00:11:44.000 --> 00:11:48.000] They intercept ed another transport with different nations .
[00:11:48.000 --> 00:11:51.000] Ill eg ally sm ugg led through Polish borders .
[00:11:51.000 --> 00:11:56.000] We 're talking about billions of dollars pumped into the criminal world .
[00:11:56.000 --> 00:12:02.000] Because they 're not some nice , honest people , when a neighbor will transport someone by boat to save him , because he would die somewhere in his country .
[00:12:02.000 --> 00:12:04.000] It doesn 't happen , sir .
[00:12:04.000 --> 00:12:16.000] Mr . Mar ius z , but in Poland , when it comes to stopping a bus with illegal immigrants , the driver goes to prison , and the illegal immigrants are sent to the country from which they came , most often to Slo vak ia .
[00:12:16.000 --> 00:12:19.000] We punish those responsible for organizing this .
[00:12:19.000 --> 00:12:21.000] Why do you say we finance this activity ?
[00:12:21.000 --> 00:12:23.000] What punishment ? What are you talking about ?
[00:12:23.000 --> 00:12:26.000] How much did someone get ? What sentence ?
[00:12:26.000 --> 00:12:30.000] Do you sit in prison ? Because they usually don 't sit in prison , sir .
[00:12:30.000 --> 00:12:35.000] Because it 's not such a huge crime to get 10 years in prison .
[00:12:35.000 --> 00:12:43.000] So they get a sentence in prison , and we 're talking about money , we 're talking about millions , millions , millions that these people earn .
[00:12:43.000 --> 00:12:48.000] For them , that one guy will go to prison for a few months , it 's just a joke .
[00:12:48.000 --> 00:12:51.000] Especially , look at the effectiveness of catching these people .
[00:12:51.000 --> 00:12:53.000] Because they go to big c atch es , sir .
[00:12:53.000 --> 00:13:01.000] For the border guards , for the police , like , you can name any criminal group operating in Poland that didn 't have any police services .
[00:13:01.000 --> 00:13:07.000] These people earn huge millions , and the police man earns a few thousand z lot ys , then suddenly everything becomes obvious .
[00:13:07.000 --> 00:13:10.000] We have to pay for it , sir .
[00:13:10.000 --> 00:13:14.000] Who pays for these subsidies ? Who even pays for the prison where this guy will go ?
[00:13:14.000 --> 00:13:15.000] You keep him .
[00:13:15.000 --> 00:13:23.000] If this immigrant finally lands here on subsidies , or you get robbed , or even something gets caught , you 'll pay for it anyway .
[00:13:23.000 --> 00:13:26.000] In any case , you are a p ayer here .
[00:13:26.000 --> 00:13:29.000] Mr . Mar ys ia , please , a moment of break , we 'll be back in a moment .
[00:13:29.000 --> 00:13:32.000] [ The end ]
[00:13:33.000 --> 00:13:37.000] [ S ubscribe ]
[00:13:37.000 --> 00:13:40.000] [ More at www . y iqu an - ac ad emy . eu ]
[00:13:40.000 --> 00:14:04.000] What 's the deal , Mr . Mar ys ia ?
[00:14:04.000 --> 00:14:10.000] The financial analyst , the president of the Foundation for More Wis dom , Mar ius z S te f ani ak , is talking about em igration today .
[00:14:10.000 --> 00:14:14.000] Among other things , about em igration that Poland is dealing with .
[00:14:14.000 --> 00:14:22.000] In the first days of the war in Ukraine , which began in February last year , Poland opened the border in an uncont rolled way
[00:14:22.000 --> 00:14:26.000] and allowed all the refugees to enter , everyone who wanted to enter Poland .
[00:14:26.000 --> 00:14:33.000] These people were treated as refugees from under the bombs , who needed help due to human it arian , Christian reasons .
[00:14:33.000 --> 00:14:37.000] 18 months have passed , Ukraine has officially under gone a counter attack .
[00:14:37.000 --> 00:14:45.000] Meanwhile , about 25 , 000 people from Ukraine still come and go to Poland every day .
[00:14:45.000 --> 00:14:51.000] Are we dealing with refugees or are we already dealing with economic em ig rants ?
[00:14:51.000 --> 00:14:57.000] First of all , I always approach all the data provided by the officials with great imp ud ence .
[00:14:57.000 --> 00:15:12.000] Let me explain to them how technically it is possible for an official to be able to state that of the 15 million that have flo wn to Poland , 13 have returned to their country .
[00:15:12.000 --> 00:15:17.000] Because I know data from other countries , even from Germany , a larger number of them remained .
[00:15:17.000 --> 00:15:24.000] Moreover , those who entered the European Union through the Polish border can simply move around freely .
[00:15:24.000 --> 00:15:27.000] They have traveled to all the countries .
[00:15:27.000 --> 00:15:32.000] There is no control over whether the one who went to Spain or Germany is not in Poland now .
[00:15:32.000 --> 00:15:40.000] We only know that there are about a million to a million and a half of those who are identified , have P ES EL s and so on .
[00:15:40.000 --> 00:15:42.000] But we don 't know where they are .
[00:15:42.000 --> 00:15:45.000] We have no control over it .
[00:15:45.000 --> 00:15:52.000] We don 't even have a clue about the scale of the phenomenon , because we are talking about millions here , who are moving from one country to another .
[00:15:52.000 --> 00:15:55.000] Moreover , Ukraine is one of the most corrupt countries in the world .
[00:15:55.000 --> 00:16:10.000] The best example , recently President Zel ens ki recalled all 33 heads of the election commissions in Ukraine due to scand alous , even according to Ukrainian standards of corruption , it really says a lot .
[00:16:10.000 --> 00:16:28.000] It turned out that practically only the disabled and the disabled were taken to the army , because the one who had the minimum of reason , money and regulations was released from the army and was granted permission to leave for Poland , for example , to the European Union .
[00:16:28.000 --> 00:16:31.000] According to official regulations , he had no right to leave at all .
[00:16:31.000 --> 00:16:41.000] And when you saw on the borders the masses of hundreds of thousands of young Ukrain ians , why did our border guard let them in at all ? This is a mess for me .
[00:16:41.000 --> 00:16:47.000] Since there is a decree of the President of Ukraine on poverty , we accept and support the des er ters .
[00:16:47.000 --> 00:16:49.000] There is no other word for it . These are des er ters .
[00:16:49.000 --> 00:16:56.000] And to this , criminals , because by breaking the law , the catch , that is , crimes , got to Poland .
[00:16:56.000 --> 00:17:07.000] Not only that , let 's take into account that there is something like trade in documents in Ukraine , trade in residence cards , mass sm uggling of documents .
[00:17:07.000 --> 00:17:13.000] So the same Ukrainian could leave Poland 15 times under a different name .
[00:17:13.000 --> 00:17:16.000] We are talking about criminal groups that do it .
[00:17:16.000 --> 00:17:31.000] Let us remind you for fun that these millions of Ukrain ians entered during lockdown s , where Pol es had a duty to wear masks , a minimum distance of 1 . 5 meters , p lex ig lass in each cash register , etc .
[00:17:31.000 --> 00:17:36.000] You could not meet your family for Christmas if there were more than 5 people .
[00:17:36.000 --> 00:17:43.000] You could not go to the graves because there was a ban on entering the c em eter ies for all holidays .
[00:17:43.000 --> 00:17:49.000] And at this exact time , several million Ukrain ians enter .
[00:17:49.000 --> 00:17:53.000] Without vaccines , without masks , without distances .
[00:17:53.000 --> 00:17:58.000] I have not heard any scientific explanation of how we all did not die .
[00:17:58.000 --> 00:18:08.000] Therefore , if you look at the facts , sir , and on the one hand at the government 's narration , the government 's narration , on the other hand , it starts to spread in a scand alous way .
[00:18:08.000 --> 00:18:19.000] I am also not able to verify this , but in my life experience I have met Ukrain ians working in Polish shops , speaking Polish , learning for me .
[00:18:19.000 --> 00:18:23.000] This is an example of positive em igration that wants to integrate .
[00:18:23.000 --> 00:18:29.000] You learn the language of those people you also mentioned , who are an added value , that they are a positive part .
[00:18:29.000 --> 00:18:38.000] This shows that this em igration , this invasion , also takes place on the part of Ukraine . Why should we be afraid of this excessive infl ux of Ukrain ians ?
[00:18:38.000 --> 00:18:43.000] Do you think that Ukraine is a better employee than Poland ?
[00:18:43.000 --> 00:18:47.000] I would make a decision knowing the person and her qualifications and compet encies .
[00:18:47.000 --> 00:18:50.000] Due to national ity , I would not make such a decision .
[00:18:50.000 --> 00:18:58.000] Ok , I will give you a simple fact . According to the available estimates , about 21 million Pol es live abroad .
[00:18:58.000 --> 00:19:02.000] We are one of the largest encl aves in the world .
[00:19:02.000 --> 00:19:08.000] Wherever you go and ask about a Pole , they will say , " Yes , Pol es , employees , competent , trustworthy ."
[00:19:08.000 --> 00:19:12.000] Why do 20 million Pol es live abroad ?
[00:19:12.000 --> 00:19:27.000] The alternative , I understand , of governments is to exp el Pol es from abroad , so that they can be there , in the i r homeland , work , so that they can enrich their economy , their culture , their traditions in other countries .
[00:19:27.000 --> 00:19:29.000] Because Pol es bring all of this with them .
[00:19:29.000 --> 00:19:32.000] We have a very rich culture , a very rich tradition .
[00:19:32.000 --> 00:19:34.000] We are very hard working and intelligent .
[00:19:34.000 --> 00:19:36.000] We are very helpful as a nation .
[00:19:36.000 --> 00:19:42.000] We have expelled tens of millions of Pol es from the country , and instead we have an alternative , let 's bring Ukrain ians .
[00:19:42.000 --> 00:19:49.000] Ok , so please tell me what cultural values ?? U k rain ians will bring us instead of Polish cultural values .
[00:19:49.000 --> 00:19:52.000] What better will they bring us ?
[00:19:52.000 --> 00:19:56.000] And someone tells me that this is good for the economy ?
[00:19:56.000 --> 00:20:00.000] We get rid of the best employees in the world , i . e . Pol es .
[00:20:00.000 --> 00:20:03.000] And we bring ourselves worse substit utes .
[00:20:03.000 --> 00:20:09.000] We bring our sub ordin ates , who are cheated , they will come to us and live on the streets , or they will be doing g angs .
[00:20:09.000 --> 00:20:13.000] Check the police statistics , Ukrain ians dominate them .
[00:20:13.000 --> 00:20:24.000] This is how it ends , sir , if something is replaced , which is culturally compatible with values , and as I say , at the highest level when it comes to work ability .
[00:20:24.000 --> 00:20:31.000] Ukrain ians will not assim ilate with Poland , because they do not respect Polish culture , they do not admire Polish culture .
[00:20:31.000 --> 00:20:33.000] They even destroy Polish culture .
[00:20:33.000 --> 00:20:39.000] Let him check how the Polish enc lave was and is treated in Ukraine .
[00:20:39.000 --> 00:20:43.000] Nobody is interested in Polish culture in Ukraine except Pol es .
[00:20:43.000 --> 00:20:48.000] And even government - to - govern ment they were persecuted , destroyed .
[00:20:48.000 --> 00:20:55.000] They want to speak Ukrainian , they want to have their portraits of B ander as , who for them is a national hero , sir .
[00:20:55.000 --> 00:21:02.000] Anyway , recently our ministry asked to apologize for the sl ander , the answer was simple - we do not intend to .
[00:21:02.000 --> 00:21:08.000] In L viv , in 2002 , it was announced " Rock Band era ".
[00:21:08.000 --> 00:21:22.000] Mr . Mar ius z , our time is running out , although the discussion is very interesting . I think that we will do a separate hearing on the subject of how to get the Pol es who left our country back .
[00:21:22.000 --> 00:21:29.000] Thank you very much for the interview , Mar ius z Stef ani ak , economist , financi er . The program was led by Kr z ysz to f Stra uch man . See you .
[00:21:29.000 --> 00:21:35.000] [ music ]
[00:21:35.000 --> 00:21:40.000] Other radio stations in G ? uch o ? az y and the area 105 . 2 .
[00:21:40.000 --> 00:21:44.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:09.500] What 's up , Mr . Mar ius z ?
[00:00:09.500 --> 00:00:11.500] What did you hear there ?
[00:00:11.500 --> 00:00:18.500] What 's up , Mr . Mar ius z ? Our guest is Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:18.500 --> 00:00:22.000] We 're talking about apartments in Japan , but not only in Japan .
[00:00:22.000 --> 00:00:32.000] I was wandering around the Internet and found a blog of a Pole who lives in Japan and who talks about the living conditions of a country that is a world economic power .
[00:00:32.000 --> 00:00:36.000] Most Japanese people don 't have their own home .
[00:00:36.000 --> 00:00:40.000] They rent apartments all their lives because they just can 't afford to buy one .
[00:00:40.000 --> 00:00:49.000] For a 20 - meter - high tile , you had to pay a balance of about PL N 2 , 000 in rent in Tokyo two years ago .
[00:00:49.000 --> 00:00:57.000] A two - t imes - lar ger apartment , 40 meters is the norm for a family , is two times or more expensive .
[00:00:57.000 --> 00:01:03.000] Only people with a stable job and good income can afford such a rent .
[00:01:03.000 --> 00:01:08.500] Meanwhile , in Poland , two - thirds of the population lives in their own home or apartment .
[00:01:08.500 --> 00:01:14.000] Does this mean , Mr . Mar ius z , that the Japanese should envy us and build a second Poland ?
[00:01:14.000 --> 00:01:19.000] Of course not . I 'd rather say that most of them wouldn 't fit in here .
[00:01:19.000 --> 00:01:27.000] Because , as far as I know , at least 60 % of Japanese people have their own apartments .
[00:01:27.000 --> 00:01:36.000] But we 're right that the number of apartments that Pol es have is absolutely true .
[00:01:36.000 --> 00:01:41.000] But economically , let 's face it , it 's a completely different world .
[00:01:41.000 --> 00:01:46.000] Japan was and still is one of the most powerful economies in the world .
[00:01:46.000 --> 00:01:53.000] As for the cost of living in Japan , it 's not as if you could think that apartments are more expensive , it 's not .
[00:01:53.000 --> 00:02:03.000] There 's a big dich ot omy in Japan , a sound gap between Tokyo and the dozen s of largest cities in Japan .
[00:02:03.000 --> 00:02:10.000] In fact , owning a new apartment in Tokyo is a task for a billionaire .
[00:02:10.000 --> 00:02:14.000] A millionaire is not able to get such apartments , it 's practically beyond his reach .
[00:02:14.000 --> 00:02:16.000] This is absurd , really .
[00:02:16.000 --> 00:02:22.000] But in the majority of Japan , apartments are very cheap .
[00:02:22.000 --> 00:02:27.000] Not only that , you can have an apartment for free .
[00:02:27.000 --> 00:02:30.000] In the province , I understand , right ? You 're talking about the province .
[00:02:30.000 --> 00:02:36.000] Yes , it 's like in Sic ily and many other places , you can have a whole house for 1 euro .
[00:02:36.000 --> 00:02:41.000] Why is that ? There are a few elements , but I 'll show you the main ones , the most important ones .
[00:02:41.000 --> 00:02:49.000] One is , of course , the effect of a gigantic demographic gap and , at the same time , a gigantic migration .
[00:02:49.000 --> 00:02:53.000] Young people are fleeing to Tokyo at any cost , for example .
[00:02:53.000 --> 00:03:03.000] And the rest of Japan is totally dep op ulated in such an absurd way that you have , for example , in large provinces ,
[00:03:03.000 --> 00:03:10.000] a whole school ag gl omer ate , where 20 children go to a gigantic building .
[00:03:10.000 --> 00:03:12.000] The whole school has that much .
[00:03:12.000 --> 00:03:14.000] There are only a few older people there .
[00:03:14.000 --> 00:03:16.000] That 's all .
[00:03:16.000 --> 00:03:22.000] Really , in the Japanese province , you would be surprised how it works .
[00:03:22.000 --> 00:03:28.000] In a large part , it is very traditional , much more so than even a traditional Polish village .
[00:03:28.000 --> 00:03:30.000] This is a very interesting topic .
[00:03:30.000 --> 00:03:36.000] Except for Tokyo , except for a few places , a few nights at most , it is not like that at all .
[00:03:36.000 --> 00:03:38.000] It is not expensive , it is not crowded .
[00:03:38.000 --> 00:03:43.000] Even in such a Tokyo , you will rent a flat easier than in Warsaw .
[00:03:43.000 --> 00:03:46.000] Because the market works very well when it comes to rent .
[00:03:46.000 --> 00:03:49.000] Bu ying , as I said , is practically impossible .
[00:03:49.000 --> 00:03:53.000] But the flat ? Yes , it is quite real .
[00:03:53.000 --> 00:03:56.000] People rent and they handle themselves quite well .
[00:03:56.000 --> 00:04:02.000] Mr . Mar us z , but from the perspective of a simple man , what about people who se country is a economic power ,
[00:04:02.000 --> 00:04:08.000] since they cannot afford a flat or live in very modest , bar ren conditions ?
[00:04:08.000 --> 00:04:10.000] Japanese apartments are like a cage .
[00:04:10.000 --> 00:04:13.000] You can 't even walk on the floor in your shoes .
[00:04:13.000 --> 00:04:17.000] Compared to that , we live comfortably , modern ly .
[00:04:17.000 --> 00:04:22.000] So maybe , however , a country that is inv olved in housing policy in Poland ,
[00:04:22.000 --> 00:04:27.000] and in fact , it has always been involved , in this case , has some positive effect .
[00:04:27.000 --> 00:04:33.000] You know what ? First of all , walking without shoes is part of their heritage and lifestyle , not a necessity .
[00:04:33.000 --> 00:04:36.000] Equ ip ment in a Japanese house is much better than in Poland .
[00:04:36.000 --> 00:04:37.000] More modern .
[00:04:37.000 --> 00:04:42.000] If you entered a Japanese toilet , you would not know what to do , first of all .
[00:04:42.000 --> 00:04:48.000] And even the richest Pol es would have a problem and would be shocked at how high - level ,
[00:04:48.000 --> 00:04:54.000] that there is an ordinary Japanese man who gets a salary from the company and is not important to anyone ,
[00:04:54.000 --> 00:04:57.000] he is an ordinary , average office worker .
[00:04:57.000 --> 00:04:58.000] This is how it looks .
[00:04:58.000 --> 00:05:03.000] They just have a different culture and spread the money differently .
[00:05:03.000 --> 00:05:08.000] To make it clear , for balance , I will say that for Pol es , for Europeans ,
[00:05:08.000 --> 00:05:11.000] the quality of Japanese buildings is some kind of joke .
[00:05:11.000 --> 00:05:17.000] Because the walls are so thin that you will hear every neighbor , not just your neighbor ,
[00:05:17.000 --> 00:05:22.000] but the neighbor 's neighbor , with such details that you would not want to hear it .
[00:05:22.000 --> 00:05:28.000] However , this is due to the seism ological curse of Japan and many other factors .
[00:05:28.000 --> 00:05:34.000] Exactly , Mr . Mar ius z , let 's finish with Japan , let 's go to Poland , to our yard , but I suggest we do it after the break .
[00:05:34.000 --> 00:05:40.000] P OL IN Museum of the History of Polish Jews
[00:05:40.000 --> 00:05:44.000] Polish - J ap an ese War
[00:05:44.000 --> 00:05:48.000] Polish - Japanese War
[00:05:48.000 --> 00:05:52.000] Polish - Japanese War
[00:05:52.000 --> 00:05:56.000] Polish - Japanese War
[00:05:56.000 --> 00:06:00.000] Polish - Japanese War
[00:06:00.000 --> 00:06:04.000] Polish - Japanese War
[00:06:04.000 --> 00:06:07.000] Polish - Japanese War
[00:06:07.000 --> 00:06:12.000] What is the score , Mr . Mar ius z ? Our guest is Mar ius z Stef ani ak , economist , financi er ,
[00:06:12.000 --> 00:06:17.000] president of the " W i ? cej M ?d ro ?ci " Foundation . We are talking about apartments in Japan , but not only in Japan .
[00:06:17.000 --> 00:06:23.000] Before we move on to the topic of supporting housing by the state , I would like to ask about one more thing .
[00:06:23.000 --> 00:06:26.000] In Poland , apartments have become very expensive , we have talked about this .
[00:06:26.000 --> 00:06:31.000] In addition , in the last two years , many more apartments have been given than in the previous period .
[00:06:31.000 --> 00:06:36.000] Meanwhile , Pol es still want new apartments and are ready to pay for them .
[00:06:36.000 --> 00:06:40.000] They accept rising prices that set new records on the market .
[00:06:40.000 --> 00:06:43.000] Is there a price barrier for the price of an apartment in Poland ?
[00:06:43.000 --> 00:06:47.000] Are Pol es ready to pay any money for their own M ?
[00:06:47.000 --> 00:06:51.000] As an engineer , I know that any number can literally increase infinitely .
[00:06:51.000 --> 00:06:57.000] The proof that there is no upper limit is the so - called hyper infl ation .
[00:06:57.000 --> 00:07:01.000] P rices can rise absurd ly without any control .
[00:07:01.000 --> 00:07:05.000] Ask your doctor , he will answer you quickly .
[00:07:05.000 --> 00:07:12.000] That sudden , uncont rolled , unlimited growth is called a " new creature ".
[00:07:12.000 --> 00:07:17.000] So it is a phenomenon of a very severely ill housing market in Poland .
[00:07:17.000 --> 00:07:20.000] And because of this , of course , the sick Polish economy .
[00:07:20.000 --> 00:07:26.000] You were talking about a perfectly developed rental market in Tokyo , in big cities .
[00:07:26.000 --> 00:07:29.000] Rent ing an apartment there is not a special problem .
[00:07:29.000 --> 00:07:32.000] A large part of the population in Poland also rent s apartments .
[00:07:32.000 --> 00:07:40.000] However , it is not as easy , as common and as popular as in Japan and probably as in many other developed Western countries .
[00:07:40.000 --> 00:07:46.000] Can renting an apartment in Poland be just as popular in a few years , in some time perspective ?
[00:07:46.000 --> 00:07:52.000] And can it develop to the extent that car rental s in rental shops and airports have developed ?
[00:07:52.000 --> 00:07:56.000] What is the price barrier of an apartment ?
[00:07:56.000 --> 00:08:01.000] Currently , for an apartment in a large city , you have to pay even half of your income or more .
[00:08:01.000 --> 00:08:04.000] Is this a barrier to the development of the rental market ?
[00:08:04.000 --> 00:08:08.000] I think we already have this phenomenon .
[00:08:08.000 --> 00:08:16.000] Rent ing apartments is as common as renting cars , for example , on vacation or as you say , at airports .
[00:08:16.000 --> 00:08:24.000] In addition , I would divide two phenomena of permanent accommodation with temporary accommodation ,
[00:08:24.000 --> 00:08:26.000] for example , related to science or work .
[00:08:26.000 --> 00:08:29.000] Because in Poland there was a new phenomenon that never existed .
[00:08:29.000 --> 00:08:33.000] People live somewhere else , and live somewhere else .
[00:08:33.000 --> 00:08:40.000] A lot of people work , for example , in Warsaw , but in fact they live , have families , houses , at least in such a residential area .
[00:08:40.000 --> 00:08:50.000] Likewise , many still around , in the radius of , let 's say , 150 kilometers , I 'm shooting , from such gigantic ag gl omer ations like W roc ? aw , K rak ów , Po zna ? .
[00:08:50.000 --> 00:08:55.000] That people live permanently in another city , have houses , families there .
[00:08:55.000 --> 00:09:02.000] And then people rent apartments there , of course , not for a day or a week , so they rent it for a month .
[00:09:02.000 --> 00:09:10.000] From Monday to Friday they live , for example , in Warsaw , and then on the weekend they go down to their real home .
[00:09:10.000 --> 00:09:14.000] Some , of course , move permanently , move families and so on , of course .
[00:09:14.000 --> 00:09:23.000] But I still think that the majority is the group that arrives or lives there temporarily .
[00:09:23.000 --> 00:09:25.000] A classic example is , of course , the studio .
[00:09:25.000 --> 00:09:30.000] Poland is a very unusual country and I think it 's a bad phenomenon , personally .
[00:09:30.000 --> 00:09:36.000] From what I remember , I think 85 % of young people study or graduate from the studio .
[00:09:36.000 --> 00:09:42.000] This is a total absurd for me , because of course we are aware that most of these studios are some kind of a joke , not a studio .
[00:09:42.000 --> 00:09:49.000] Our economy , the economy pays for it , for these useless titles , pieces of paper that are useless .
[00:09:49.000 --> 00:09:53.000] That 's why , you see , there are many factors that make it the way it is .
[00:09:53.000 --> 00:10:01.000] And I would not be happy at all that people rent so widely if it were not for the reasons I just mentioned .
[00:10:01.000 --> 00:10:06.000] These are very bad reasons , because it shows that the economy is un balanced ,
[00:10:06.000 --> 00:10:10.000] that people , doing absurd things , are trying to save themselves .
[00:10:10.000 --> 00:10:17.000] For example , in Lub lin , all the cities that used to be under the T ent at ami , had a lot of very strong factories , large factories .
[00:10:17.000 --> 00:10:23.000] Now they have literally nothing . They have only blocks and they have gigantic residential est ates , sir .
[00:10:23.000 --> 00:10:27.000] We buy it from people who work in other places , because they can afford it .
[00:10:27.000 --> 00:10:32.000] So he went from Rad om to Warsaw , earned money and bought a flat in a block in Rad om .
[00:10:32.000 --> 00:10:35.000] What is the point of this , sir , economically ?
[00:10:35.000 --> 00:10:39.000] Well , Mr . Mar ius z , but maybe this is a natural phenomenon in the world economy .
[00:10:39.000 --> 00:10:46.000] You mentioned Japan , for example , a moment ago . Ten large ag gl omer ations and basically a growing desert ,
[00:10:46.000 --> 00:10:50.000] where there are no people , where there are no people , where real estate is for a z l oty or for free .
[00:10:50.000 --> 00:10:53.000] Maybe we are facing the same perspective .
[00:10:53.000 --> 00:10:58.000] Well , yes , but let 's pay attention to the fact that the assessment of this phenomenon is un amb iguous .
[00:10:58.000 --> 00:11:04.000] And everyone , even the governments , assess it as a clearly negative phenomenon .
[00:11:04.000 --> 00:11:11.000] All the analysis , all the reports , all the official positions say one thing - this is a tragedy .
[00:11:11.000 --> 00:11:15.000] And now the question is , the Japanese government is also wondering what to do .
[00:11:15.000 --> 00:11:19.000] It 's more or less like 500 +, which was supposed to wonderfully increase the population .
[00:11:19.000 --> 00:11:24.000] And as you probably already know , it had no impact at all .
[00:11:24.000 --> 00:11:31.000] Besides , we lost billions of z lot ys to finance alcohol ics , men el is , child labor ers , etc .
[00:11:31.000 --> 00:11:35.000] The Japanese do similar brilliant things , the Japanese government .
[00:11:35.000 --> 00:11:38.000] The Chinese have exactly the same problem , sir .
[00:11:38.000 --> 00:11:47.000] One of the most pop ulous countries in the world has exactly the same problem , sir , as the pop ulous Japan , or now dying , physically dying Poland .
[00:11:47.000 --> 00:11:50.000] You know that there are fewer Pol es a year , simply because we are dying .
[00:11:50.000 --> 00:11:52.000] We are getting po p ulous .
[00:11:52.000 --> 00:11:53.000] That 's the problem .
[00:11:53.000 --> 00:12:00.000] That 's why , sir , there will be empty states , and we 're talking about many thousands of empty apartments .
[00:12:00.000 --> 00:12:02.000] In China it 's even fun nier .
[00:12:02.000 --> 00:12:07.000] There are whole empty cities , whole gigantic mega - d well ings , sir .
[00:12:07.000 --> 00:12:11.000] As we said , Pol es have a lot of apartments .
[00:12:11.000 --> 00:12:14.000] More than the rich Japan , which is interesting .
[00:12:14.000 --> 00:12:18.000] We are talking about apartments owned , of course , by private owners .
[00:12:18.000 --> 00:12:21.000] And this is not a good phenomenon , really .
[00:12:21.000 --> 00:12:31.000] Because if all these grand m others die , why would a child working in Warsaw , living in Warsaw , be in a happy , low - income apartment ?
[00:12:31.000 --> 00:12:32.000] It 's nothing .
[00:12:32.000 --> 00:12:33.000] Just like in Japan .
[00:12:33.000 --> 00:12:39.000] Suddenly there will be tens , maybe hundreds of thousands of such apartments on the market and no one will want them .
[00:12:39.000 --> 00:12:45.000] We will be giving these apartments for 1 z l oty , as I say , in Sic ily , or in Japan , or in many other places in the world .
[00:12:45.000 --> 00:12:46.000] Is it cool ?
[00:12:46.000 --> 00:12:48.000] It 's destructive for the economy .
[00:12:48.000 --> 00:12:56.000] This policy , which says " let 's make a mega - city that will rule the whole country " is a ut opia .
[00:12:56.000 --> 00:12:59.000] You know , this is the idea of ?? s cience fiction movies .
[00:12:59.000 --> 00:13:02.000] It can 't work . It doesn 't work .
[00:13:02.000 --> 00:13:10.000] If a country does not develop evenly , there is no strong basis , it means that something is deeply wrong there .
[00:13:10.000 --> 00:13:12.000] I invite you for a moment of break .
[00:13:12.000 --> 00:13:14.000] We still have the third part ahead .
[00:13:14.000 --> 00:13:18.000] Music
[00:13:18.000 --> 00:13:22.000] In collaboration with
[00:13:22.000 --> 00:13:26.000] Production
[00:13:26.000 --> 00:13:30.000] Music
[00:13:30.000 --> 00:13:34.000] In collaboration with
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[00:13:38.000 --> 00:13:42.000] Music
[00:13:42.000 --> 00:13:46.000] In collaboration with
[00:13:46.000 --> 00:13:49.000] Mar ius z Stef ani ak , economist , financi er .
[00:13:49.000 --> 00:13:53.000] Today we are talking in our hearing about apartments .
[00:13:53.000 --> 00:13:58.000] Apart ments in Poland , but also in the context of what is happening all over the world .
[00:13:58.000 --> 00:14:03.000] I am returning to the issue of housing policy of the Polish government and other governments .
[00:14:03.000 --> 00:14:08.000] In common perception , the development of housing causes an economic growth .
[00:14:08.000 --> 00:14:14.000] Because people , for example , buy more items of housing and it turns the economy .
[00:14:14.000 --> 00:14:21.000] In order to warm up the housing market in the construction industry , the Polish government has been giving out bonuses for a long time .
[00:14:21.000 --> 00:14:27.000] Recently , cheap loans or common addition s to apartments built by municipalities , communal apartments .
[00:14:27.000 --> 00:14:40.000] As a result , in such a mess in the O pole region , in the last investment , the price of building a so - called cheap apartment with government subsidies reached almost 11 , 000 PL N per square meter .
[00:14:40.000 --> 00:14:43.000] Who actually uses this support ?
[00:14:43.000 --> 00:14:50.000] Are people who get such apartments later , rent them out , or are they really development companies or construction companies ?
[00:14:50.000 --> 00:14:52.000] Interesting question .
[00:14:52.000 --> 00:14:55.000] To explain it to you , I will give an example .
[00:14:55.000 --> 00:14:58.000] I don 't know if you like watching comedy .
[00:14:58.000 --> 00:14:59.000] I like it .
[00:14:59.000 --> 00:15:02.000] And a great comedy is one where the audience laughs .
[00:15:02.000 --> 00:15:11.000] But if someone adds artificial laughter to a bad comedy , it will not make the comedy suddenly start to be cool .
[00:15:11.000 --> 00:15:16.000] There is a laugh , but does it mean that the comedy was funny ?
[00:15:16.000 --> 00:15:19.000] The same is with the housing construction industry in Poland .
[00:15:19.000 --> 00:15:25.000] The increase in prices and the increase in purchases does not give a real economic growth .
[00:15:25.000 --> 00:15:29.000] And what does it give ? In fl ation and poverty .
[00:15:29.000 --> 00:15:35.000] Because they have to pay much higher prices than they should normally .
[00:15:35.000 --> 00:15:42.000] Well , as you mentioned some N ys a and 11 , 000 per square meter , my first question is where the hell is N ys a ?
[00:15:42.000 --> 00:15:44.000] How big is the industry there ?
[00:15:44.000 --> 00:15:47.000] Maybe there is great tourism in N ys a , sir ?
[00:15:47.000 --> 00:15:50.000] What 's going on there that the prices are like that ?
[00:15:50.000 --> 00:15:51.000] I would like to know .
[00:15:51.000 --> 00:15:53.000] Exactly , and I know .
[00:15:53.000 --> 00:15:55.000] There is no reason to go there .
[00:15:55.000 --> 00:15:58.000] Honestly , I would never go there normally .
[00:15:58.000 --> 00:16:03.000] Neither to some N ys a , nor to O pole , nor to any other nearby town .
[00:16:03.000 --> 00:16:04.000] Because why ?
[00:16:04.000 --> 00:16:15.000] Because when I hear such prices , which again , I remember perfectly that 11 , 000 per square meter could be bought in the very center , in the capital of Poland , sir ,
[00:16:15.000 --> 00:16:19.000] in the largest ag gl om eration , where the biggest businesses are made .
[00:16:19.000 --> 00:16:27.000] It really is this joke and it is one of those not funny , where artificial laughter is applied , because it is such a cement comedy .
[00:16:27.000 --> 00:16:35.000] P rices of real estate that are driven in an absolutely unnatural way ,
[00:16:35.000 --> 00:16:39.000] that is , these prices do not result from normal economic development of Poland ,
[00:16:39.000 --> 00:16:43.000] that we are rich , that we have a lot of investments .
[00:16:43.000 --> 00:16:45.000] Just like we said in Tokyo .
[00:16:45.000 --> 00:16:48.000] Then it makes sense that you laughed at these Japanese tiles .
[00:16:48.000 --> 00:16:52.000] Let 's see what tiles were built in Warsaw .
[00:16:52.000 --> 00:16:56.000] How many meters did the apartment in Warsaw have for rent , sir ?
[00:16:56.000 --> 00:16:59.000] The size of a locker for a toothbrush .
[00:16:59.000 --> 00:17:00.000] And what were the prices ?
[00:17:00.000 --> 00:17:02.000] Like in Tokyo .
[00:17:02.000 --> 00:17:04.000] I would like to ask you about such a thing .
[00:17:04.000 --> 00:17:12.000] As you know , regulations can stimulate certain economic phenomena , for example , encourage building apartments for rent .
[00:17:12.000 --> 00:17:14.000] How do you assess Polish regulations ?
[00:17:14.000 --> 00:17:20.000] Do they protect the property well , for example , the apartment from tenants , because it is known that you can find various tenants ?
[00:17:20.000 --> 00:17:24.000] Do the regulations allow for simply renting out free apartments ?
[00:17:24.000 --> 00:17:26.000] Great question .
[00:17:26.000 --> 00:17:30.000] Polish regulations are fatal for the owners of apartments .
[00:17:30.000 --> 00:17:36.000] People usually know perfectly well whether they have to build , sell or rent and no one has to explain it to them ,
[00:17:36.000 --> 00:17:43.000] but this is exactly the evolutionary ability of survival , shaped over many thousands of years .
[00:17:43.000 --> 00:17:50.000] People who have the money , the opportunity , the knowledge to build large amounts of apartments ,
[00:17:50.000 --> 00:17:54.000] they build these apartments on a whim , because it is a mega business for them .
[00:17:54.000 --> 00:17:59.000] Pol es do not build apartments on a whim , because it is difficult and expensive .
[00:17:59.000 --> 00:18:04.000] There is one last thing I wanted to ask you about today in the apartment hearing .
[00:18:04.000 --> 00:18:14.000] One of the methods of encouraging or encouraging the construction of single - family apartments is to loosen the regulations related to issuing permits .
[00:18:14.000 --> 00:18:23.000] Until recently , you could build a building with a residential area of up to 70 square meters without a permit for self - re port ing .
[00:18:23.000 --> 00:18:27.000] There are no longer any surface limits here .
[00:18:27.000 --> 00:18:34.000] How do you assess these changes ? On the one hand , is there any risk of building quality deterior ation ?
[00:18:34.000 --> 00:18:40.000] Will we have ugly architecture around us , buildings that are even end ang ering our lives ?
[00:18:40.000 --> 00:18:43.000] Will it not be dangerous ?
[00:18:43.000 --> 00:18:45.000] What are these changes for ? Who do they serve ?
[00:18:45.000 --> 00:18:50.000] I assure you that they will not serve most Pol es ,
[00:18:50.000 --> 00:18:57.000] because they cannot afford to build them at these prices , and they do not even need apartments .
[00:18:57.000 --> 00:19:06.000] According to the latest analysis of the Polish housing situation , 3 out of 100 Pol es assess their housing situation as " bad ",
[00:19:06.000 --> 00:19:10.000] and only 26 as " a verage ".
[00:19:10.000 --> 00:19:13.000] We really don 't need it .
[00:19:13.000 --> 00:19:15.000] Why do we ask ourselves this question ?
[00:19:15.000 --> 00:19:19.000] Who are these regulations for ?
[00:19:19.000 --> 00:19:30.000] It doesn 't matter if you build a small house somewhere and it will be nicer or worse than the architectural requirements .
[00:19:30.000 --> 00:19:32.000] It really doesn 't matter .
[00:19:32.000 --> 00:19:38.000] But if you build entire housing est ates , it already has a gigantic significance .
[00:19:38.000 --> 00:19:40.000] Who can afford to build such housing est ates ?
[00:19:40.000 --> 00:19:45.000] Who has the ability , the money to do something like that ?
[00:19:45.000 --> 00:19:50.000] It 's not a Pole . He doesn 't have the money , he doesn 't even want it .
[00:19:50.000 --> 00:19:56.000] Most Pol es who buy apartments now do it for spec ul ative purposes .
[00:19:56.000 --> 00:20:00.000] If the apartments were cheap , I would buy it by borrowing money ,
[00:20:00.000 --> 00:20:09.000] I would pay the loan through the rent , and in this way , in short , I would get the apartment for free in 10 , 20 , 30 years .
[00:20:09.000 --> 00:20:15.000] This shows how bad the housing economy is in Poland , how badly these governments have been operating for decades .
[00:20:15.000 --> 00:20:18.000] The political option doesn 't really matter here .
[00:20:18.000 --> 00:20:23.000] All governments have the same fault , that is , they completely destroy the Polish economy ,
[00:20:23.000 --> 00:20:31.000] and at the same time they enrich the minimum number of people and objects behind them .
[00:20:31.000 --> 00:20:36.000] And not only that , all of this is just the tip of the iceberg , sir .
[00:20:36.000 --> 00:20:49.000] The real problem is that it would look like the governments hate the situation where Pol es own their own property ,
[00:20:49.000 --> 00:20:53.000] they are financially and housing - wise independent from the government ,
[00:20:53.000 --> 00:21:00.000] and all the regulations over the last few years have only one goal - to discour age Pol es from owning apartments ,
[00:21:00.000 --> 00:21:10.000] to make it impossible for them to own apartments , or to push them into a situation where they will borrow money and make a huge effort to buy these apartments ,
[00:21:10.000 --> 00:21:13.000] and then these apartments will be taken away from them .
[00:21:13.000 --> 00:21:17.000] Please quote me in a few years with what I will say now .
[00:21:17.000 --> 00:21:25.000] I predict that in a few years , Pol es will be massively deprived of real estate ,
[00:21:25.000 --> 00:21:29.000] and savings are already deprived , and on a gigantic scale .
[00:21:29.000 --> 00:21:33.000] I would be wrong , to put it briefly . I really wouldn 't want to be right here .
[00:21:33.000 --> 00:21:40.000] With this sad thread and this statement , I think we will have to end today 's broadcast , because our time is up .
[00:21:40.000 --> 00:21:46.000] Thank you very much for the interview , Mar ius z Stef ani ak , economic and financial expert , and the program was led by Kr z ysz to f Stra uch man .
[00:21:46.000 --> 00:21:47.000] See you next time .
[00:21:47.000 --> 00:21:59.000] Other radio stations - in G ? uch o ? az y and the area - 105 . 2 .
[00:21:59.000 --> 00:22:01.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:09.500] What 's up , Mr . Mar ius z ?
[00:00:09.500 --> 00:00:11.500] What did you hear again ?
[00:00:11.500 --> 00:00:15.500] This time I didn 't hear anything , but I had the opportunity to experience it with my own eyes .
[00:00:15.500 --> 00:00:17.500] What 's up , Mr . Mar ius z ?
[00:00:17.500 --> 00:00:21.500] Today 's topic of our conversation is energy , the topic is self - play ,
[00:00:21.500 --> 00:00:24.000] very relevant always , Mar ius z Stef ani ak ,
[00:00:24.000 --> 00:00:27.500] economist , financi er , president of the Fund acja Wi? cej M ?d ro ?ci .
[00:00:27.500 --> 00:00:32.500] Probably , like many Pol es , I recently got a payment for energy , an annual payment .
[00:00:32.500 --> 00:00:36.500] Please imagine that for this year I paid my bills well ,
[00:00:36.500 --> 00:00:39.000] I was walking around the house , I turned off unnecessary bulbs ,
[00:00:39.000 --> 00:00:44.000] and in the meantime , in the end , it turned out that I have a very large addition to regulate .
[00:00:44.000 --> 00:00:48.500] And again I asked myself a question , which , by the way , has already been asked in the fra mes of our audition .
[00:00:48.500 --> 00:00:51.000] Why is energy so expensive ?
[00:00:51.000 --> 00:00:54.500] Since the outbreak of the war with Ukraine , a year and a half has passed
[00:00:54.500 --> 00:00:57.500] and the markets should have cal med down ,
[00:00:57.500 --> 00:01:01.500] and maybe they even cal med down , because some prices of energy carriers have fallen .
[00:01:01.500 --> 00:01:03.000] What 's going on ?
[00:01:03.000 --> 00:01:08.000] Because no meaningful or independent economic factors affect prices ,
[00:01:08.000 --> 00:01:10.500] only politicians and business systems .
[00:01:10.500 --> 00:01:13.500] Legal or not , that 's a different topic .
[00:01:13.500 --> 00:01:18.000] That 's why I can document that prices in the world 's exchanges
[00:01:18.000 --> 00:01:22.000] and how the global system of their production works
[00:01:22.000 --> 00:01:26.000] is actually one big price conspiracy .
[00:01:26.000 --> 00:01:29.000] I swear it 's not even the slightest exagger ation .
[00:01:29.000 --> 00:01:33.000] Mr . Mar ius z , but we see on our market , someone who burns coal ,
[00:01:33.000 --> 00:01:36.000] this year he will buy this coal twice as cheap as the year before .
[00:01:36.000 --> 00:01:37.000] It 's a fact .
[00:01:37.000 --> 00:01:40.500] 70 % of Polish energy is produced from coal .
[00:01:40.500 --> 00:01:43.500] Well , it should somehow translate into a drop in prices .
[00:01:43.500 --> 00:01:46.500] The fact that coal prices are behaving like a yo - yo
[00:01:46.500 --> 00:01:50.500] is personally funny and terrifying to me .
[00:01:50.500 --> 00:01:53.000] How can this be ?
[00:01:53.000 --> 00:01:58.000] The fact that prices for citizens have no connection
[00:01:58.000 --> 00:02:01.000] with the prices of the world 's exchanges or the rules of the economy
[00:02:01.000 --> 00:02:04.000] is simply absurd .
[00:02:04.000 --> 00:02:09.000] All the most important prices are currently motivated
[00:02:09.000 --> 00:02:12.500] politically , not economically .
[00:02:12.500 --> 00:02:15.000] The rulers look at how much they can afford
[00:02:15.000 --> 00:02:18.500] to take money out of the pockets of citizens and taxpayers
[00:02:18.500 --> 00:02:22.500] to satisfy the rich who finance these politicians .
[00:02:22.500 --> 00:02:25.500] Whether it 's through official money , like political campaigns ,
[00:02:25.500 --> 00:02:29.500] or just small - or large - scale schemes
[00:02:29.500 --> 00:02:34.500] with mega - rich people who have an evident interest
[00:02:34.500 --> 00:02:37.500] in building huge monopol ies ,
[00:02:37.500 --> 00:02:40.500] to launch such price jumps .
[00:02:40.500 --> 00:02:42.500] Because remember , ladies and gentlemen , that in the economy
[00:02:42.500 --> 00:02:46.500] you gain the most not when there is a stable economic situation
[00:02:46.500 --> 00:02:50.500] on a market , but generally you earn the most
[00:02:50.500 --> 00:02:53.500] when there are gigantic drops and increases .
[00:02:53.500 --> 00:02:56.500] And those who know about it , or even prepare it ,
[00:02:56.500 --> 00:02:59.500] have a recipe for success .
[00:02:59.500 --> 00:03:02.500] You can 't lose on it when you know that a tax will come in
[00:03:02.500 --> 00:03:06.500] and you 'll use it before it comes in .
[00:03:06.500 --> 00:03:09.500] That 's how the biggest fortun es of these super - rich people were created .
[00:03:09.500 --> 00:03:12.500] It 's all the same stories ,
[00:03:12.500 --> 00:03:14.500] that these were government contracts ,
[00:03:14.500 --> 00:03:17.500] that they were getting a monopoly on something .
[00:03:17.500 --> 00:03:20.500] So I 'm just waiting for some scandal to come ,
[00:03:20.500 --> 00:03:24.500] where it will be said clearly that it was all a scam .
[00:03:24.500 --> 00:03:27.500] I have no other word for something like that .
[00:03:27.500 --> 00:03:30.500] Mr . Mar ius z , I 'm going back to the question and the thread you raised .
[00:03:30.500 --> 00:03:33.500] Today , the energy payments made by the residents
[00:03:33.500 --> 00:03:36.500] are 40 or 60 gros zy per kilow att .
[00:03:36.500 --> 00:03:39.500] Fore cast s say it will reach the z l oty ,
[00:03:39.500 --> 00:03:41.500] so we are waiting for more increases .
[00:03:41.500 --> 00:03:45.500] The payments that have now somehow eas ed the effects of these increases will be liquid ated .
[00:03:45.500 --> 00:03:48.500] In fl ation is coming , which is hitting us in the pocket .
[00:03:48.500 --> 00:03:51.500] What is the acceptable level , which you mentioned ,
[00:03:51.500 --> 00:03:55.500] how much can politicians afford to raise the energy price ?
[00:03:55.500 --> 00:03:57.500] How much we will allow them ?
[00:03:57.500 --> 00:03:59.500] The answer is only one .
[00:03:59.500 --> 00:04:02.500] We decide whether we want to be robbed or not .
[00:04:02.500 --> 00:04:04.500] As I said , there are no independent ,
[00:04:04.500 --> 00:04:07.500] economically conditioned factors
[00:04:07.500 --> 00:04:11.500] that would cause coal to jump 100 , 200 , 300 percent
[00:04:11.500 --> 00:04:14.500] and then drop by 50 percent .
[00:04:14.500 --> 00:04:17.500] M ining is a super stable thing .
[00:04:17.500 --> 00:04:21.500] You can 't suddenly accelerate and slow down .
[00:04:21.500 --> 00:04:23.500] The same goes for the power plant .
[00:04:23.500 --> 00:04:26.500] You can 't just stop it for an hour and then do it .
[00:04:26.500 --> 00:04:27.500] It is impossible .
[00:04:27.500 --> 00:04:30.500] It is technically impossible , ladies and gentlemen .
[00:04:30.500 --> 00:04:33.500] These are very long - term actions .
[00:04:33.500 --> 00:04:38.500] You can 't suddenly increase , decrease , cut something here .
[00:04:38.500 --> 00:04:40.500] It doesn 't work like that .
[00:04:40.500 --> 00:04:44.500] All you see is the effect of something
[00:04:44.500 --> 00:04:48.500] that is a monopoly or an ol ig opoly .
[00:04:48.500 --> 00:04:51.500] A situation where either one or a few big ones
[00:04:51.500 --> 00:04:55.500] rule everything , completely , totally everything .
[00:04:55.500 --> 00:04:59.500] Then customers have no influence
[00:04:59.500 --> 00:05:01.500] on what is happening on the market .
[00:05:01.500 --> 00:05:04.500] Therefore , the only solution is to liquid ate
[00:05:04.500 --> 00:05:07.500] these monopol ies and ol ig opol ies
[00:05:07.500 --> 00:05:10.500] because it is too dangerous .
[00:05:10.500 --> 00:05:14.500] A greedy , greedy politician uses it to make money
[00:05:14.500 --> 00:05:17.500] and thus , of course , to give gigantic profits
[00:05:17.500 --> 00:05:19.500] to these ol ig arch s , fuel , economic ,
[00:05:19.500 --> 00:05:21.500] arms , pharmaceutical .
[00:05:21.500 --> 00:05:23.500] As if we see it all with our own eyes .
[00:05:23.500 --> 00:05:25.500] We pay for it .
[00:05:25.500 --> 00:05:27.500] There is only one thing behind it .
[00:05:27.500 --> 00:05:30.500] The contact between politics and business .
[00:05:30.500 --> 00:05:33.500] It is not public , it is not legal .
[00:05:33.500 --> 00:05:37.500] It is obvious that these are not healthy , normal systems .
[00:05:37.500 --> 00:05:41.500] As long as we allow it , it will be like that .
[00:05:41.500 --> 00:05:43.500] Polit icians only look when people are
[00:05:43.500 --> 00:05:46.500] sufficiently angry , as it was with these masks .
[00:05:46.500 --> 00:05:48.500] People had enough and suddenly ,
[00:05:48.500 --> 00:05:50.500] " Oh , we can tolerate it from day to day ."
[00:05:50.500 --> 00:05:52.500] I am able to accept everything .
[00:05:52.500 --> 00:05:54.500] These masks , this nonsense , these distances ,
[00:05:54.500 --> 00:05:56.500] these p lex ig lass everywhere .
[00:05:56.500 --> 00:05:58.500] But I am not able to accept that from day to day
[00:05:58.500 --> 00:06:00.500] when someone threw it away and suddenly
[00:06:00.500 --> 00:06:02.500] it became dangerous .
[00:06:02.500 --> 00:06:04.500] I can 't accept that .
[00:06:04.500 --> 00:06:06.500] And that 's what politicians should be accountable for .
[00:06:06.500 --> 00:06:08.500] This is evil for me .
[00:06:08.500 --> 00:06:11.500] These prices , fuel , coal , gas ,
[00:06:11.500 --> 00:06:13.500] many more .
[00:06:13.500 --> 00:06:15.500] It 's just a tragedy that we look at it
[00:06:15.500 --> 00:06:17.500] and say , " Oh , well , actually , good .
[00:06:17.500 --> 00:06:19.500] Fuel has increased by 100 %.
[00:06:19.500 --> 00:06:21.500] By what miracle ? By what miracle ?
[00:06:21.500 --> 00:06:23.500] How did it happen ?"
[00:06:23.500 --> 00:06:25.500] Time for a break .
[00:06:25.500 --> 00:06:27.500] P ARR OT TV
[00:06:29.500 --> 00:06:31.500] P ARR OT TV
[00:06:56.500 --> 00:06:58.500] What 's up , Mr . Mar ius z ?
[00:06:58.500 --> 00:07:00.500] Our guest , Mar ius z Stef ani ak ,
[00:07:00.500 --> 00:07:02.500] economic and financial economist .
[00:07:02.500 --> 00:07:04.500] We are talking about energy and how
[00:07:04.500 --> 00:07:06.500] political conditions affect its price .
[00:07:06.500 --> 00:07:08.500] Many times in this broadcast
[00:07:08.500 --> 00:07:10.500] we have been talking about green energy ,
[00:07:10.500 --> 00:07:12.500] renewable energy and regulations
[00:07:12.500 --> 00:07:14.500] regarding this energy .
[00:07:14.500 --> 00:07:16.500] During my holiday trip , I had the opportunity
[00:07:16.500 --> 00:07:18.500] to pass by the historically last
[00:07:18.500 --> 00:07:21.500] coal power plant in Portugal .
[00:07:21.500 --> 00:07:23.500] It was closed a year ago and since then
[00:07:23.500 --> 00:07:25.500] this country has neither nuclear power plants ,
[00:07:25.500 --> 00:07:27.500] nor coal power plants .
[00:07:27.500 --> 00:07:29.500] 60 % of energy is produced
[00:07:29.500 --> 00:07:31.500] from the wind , from the sun .
[00:07:31.500 --> 00:07:33.500] Mr . Mar ius z , why in Poland
[00:07:33.500 --> 00:07:35.500] this contributor is 20 - 20 %
[00:07:35.500 --> 00:07:37.500] of energy produced
[00:07:37.500 --> 00:07:39.500] from renewable sources ?
[00:07:39.500 --> 00:07:41.500] Why can 't we go all the way
[00:07:41.500 --> 00:07:43.500] to production from renewable sources ,
[00:07:43.500 --> 00:07:45.500] gradually limit coal
[00:07:45.500 --> 00:07:47.500] and , let 's say , import
[00:07:47.500 --> 00:07:49.500] if we need more ?
[00:07:49.500 --> 00:07:51.500] It would be a total collapse
[00:07:51.500 --> 00:07:53.500] of the Polish economy
[00:07:53.500 --> 00:07:55.500] if we implemented your program .
[00:07:55.500 --> 00:07:57.500] Ren ew able energy
[00:07:57.500 --> 00:07:59.500] in the form we know
[00:07:59.500 --> 00:08:01.500] is very unstable .
[00:08:01.500 --> 00:08:03.500] The wind blows or not much ,
[00:08:03.500 --> 00:08:05.500] the sun shines or not ,
[00:08:05.500 --> 00:08:07.500] summer is hot or cold ,
[00:08:07.500 --> 00:08:09.500] water level is high or low .
[00:08:09.500 --> 00:08:11.500] You have no control
[00:08:11.500 --> 00:08:13.500] over it and more over ,
[00:08:13.500 --> 00:08:15.500] you don 't have a forecast method
[00:08:15.500 --> 00:08:17.500] how it will be .
[00:08:17.500 --> 00:08:19.500] That 's why it 's impossible
[00:08:19.500 --> 00:08:21.500] to build any economy on it ,
[00:08:21.500 --> 00:08:23.500] any factories , because it suddenly turns out
[00:08:23.500 --> 00:08:25.500] that you don 't have the energy
[00:08:25.500 --> 00:08:27.500] to work the ship and the ship yard
[00:08:27.500 --> 00:08:29.500] because the sun is shining , the wind is not blowing .
[00:08:29.500 --> 00:08:31.500] What are you doing now ?
[00:08:31.500 --> 00:08:33.500] Second , instability
[00:08:33.500 --> 00:08:35.500] of the transmission of electricity
[00:08:35.500 --> 00:08:37.500] and the parameters of this electricity
[00:08:37.500 --> 00:08:39.500] in the scale of the national
[00:08:39.500 --> 00:08:41.500] electric energy network .
[00:08:41.500 --> 00:08:43.500] Please remember
[00:08:43.500 --> 00:08:45.500] that the wires are not made of rubber .
[00:08:45.500 --> 00:08:47.500] They cannot be stretched ,
[00:08:47.500 --> 00:08:49.500] extended , shortened ,
[00:08:49.500 --> 00:08:51.500] increased , reduced . No !
[00:08:51.500 --> 00:08:53.500] So you must always have
[00:08:53.500 --> 00:08:55.500] maximum capacity and maximum
[00:08:55.500 --> 00:08:57.500] efficiency of all transmission devices
[00:08:57.500 --> 00:08:59.500] along the entire energy flow path
[00:08:59.500 --> 00:09:01.500] at the maximum
[00:09:01.500 --> 00:09:03.500] production of all
[00:09:03.500 --> 00:09:05.500] connected sources .
[00:09:05.500 --> 00:09:07.500] This is an incredible
[00:09:07.500 --> 00:09:09.500] log istical and technical
[00:09:09.500 --> 00:09:11.500] problem to overcome
[00:09:11.500 --> 00:09:13.500] with the so - called green
[00:09:13.500 --> 00:09:15.500] renewable energies .
[00:09:15.500 --> 00:09:17.500] You have to build a system
[00:09:17.500 --> 00:09:19.500] that is oversized
[00:09:19.500 --> 00:09:21.500] at least twice ,
[00:09:21.500 --> 00:09:23.500] simply much more expensive ,
[00:09:23.500 --> 00:09:25.500] let 's face it , it usually leads to this ,
[00:09:25.500 --> 00:09:27.500] which usually works
[00:09:27.500 --> 00:09:29.500] at 20 - 30 ,
[00:09:29.500 --> 00:09:31.500] at most 50 % of the combined power .
[00:09:31.500 --> 00:09:33.500] The next factor
[00:09:33.500 --> 00:09:35.500] is the very
[00:09:35.500 --> 00:09:37.500] production of these
[00:09:37.500 --> 00:09:39.500] sources . It is incredibly
[00:09:39.500 --> 00:09:41.500] expensive , complicated
[00:09:41.500 --> 00:09:43.500] and destructive for the natural environment .
[00:09:43.500 --> 00:09:45.500] This is an important point .
[00:09:45.500 --> 00:09:47.500] The more we produce these
[00:09:47.500 --> 00:09:49.500] eco - s ources , the more we destroy the environment .
[00:09:49.500 --> 00:09:51.500] This is the brutal truth .
[00:09:51.500 --> 00:09:53.500] To do it 100 %
[00:09:53.500 --> 00:09:55.500] makes no sense .
[00:09:55.500 --> 00:09:57.500] There is no economic sense , no technological sense
[00:09:57.500 --> 00:09:59.500] and no ecological sense
[00:09:59.500 --> 00:10:01.500] even .
[00:10:01.500 --> 00:10:03.500] Another point .
[00:10:03.500 --> 00:10:05.500] We do not control the production of these devices .
[00:10:05.500 --> 00:10:07.500] We do not have
[00:10:07.500 --> 00:10:09.500] technology for this , we do not have a back u p ,
[00:10:09.500 --> 00:10:11.500] we do not have the elements that are
[00:10:11.500 --> 00:10:13.500] necessary for the production of these things .
[00:10:13.500 --> 00:10:15.500] 100 % we will depend
[00:10:15.500 --> 00:10:17.500] on foreign forces , foreign companies ,
[00:10:17.500 --> 00:10:19.500] foreign powers .
[00:10:19.500 --> 00:10:21.500] Someone who tells such beaut if ull y
[00:10:21.500 --> 00:10:23.500] ideological fairy tales is either
[00:10:23.500 --> 00:10:25.500] a total idiot or
[00:10:25.500 --> 00:10:27.500] he is a traitor
[00:10:27.500 --> 00:10:29.500] of the nation and
[00:10:29.500 --> 00:10:31.500] a sabot age r on a gigantic scale .
[00:10:31.500 --> 00:10:33.500] But if we did it ,
[00:10:33.500 --> 00:10:35.500] theoretically , completely understanding what ,
[00:10:35.500 --> 00:10:37.500] we would run out of electricity ?
[00:10:37.500 --> 00:10:39.500] We would assume that there will be hours
[00:10:39.500 --> 00:10:41.500] when we will have to turn off
[00:10:41.500 --> 00:10:43.500] electricity in our homes ?
[00:10:43.500 --> 00:10:45.500] Yes , exactly as it is in many countries of the world .
[00:10:45.500 --> 00:10:47.500] And there are really many examples that
[00:10:47.500 --> 00:10:49.500] are based on such solutions .
[00:10:49.500 --> 00:10:51.500] You literally have zero stability .
[00:10:51.500 --> 00:10:53.500] Suddenly it may turn out that
[00:10:53.500 --> 00:10:55.500] you turn off one third of the economy
[00:10:55.500 --> 00:10:57.500] or factories
[00:10:57.500 --> 00:10:59.500] because you do not have the possibility of
[00:10:59.500 --> 00:11:01.500] power ing them .
[00:11:01.500 --> 00:11:03.500] It is not about the fact that this energy will not be physically .
[00:11:03.500 --> 00:11:05.500] It is about the parameters of this energy .
[00:11:05.500 --> 00:11:07.500] It is on this principle that if one of the parameters
[00:11:07.500 --> 00:11:09.500] changes , all the parameters
[00:11:09.500 --> 00:11:11.500] really change .
[00:11:11.500 --> 00:11:13.500] It is not that someone will create
[00:11:13.500 --> 00:11:15.500] energy from the air , send it
[00:11:15.500 --> 00:11:17.500] and it will be great . It does not work like that .
[00:11:17.500 --> 00:11:19.500] Well , then I will ask about another
[00:11:19.500 --> 00:11:21.500] completely hypothetical solution .
[00:11:21.500 --> 00:11:23.500] We can change the energy supplier
[00:11:23.500 --> 00:11:25.500] recently , choose another one .
[00:11:25.500 --> 00:11:27.500] We can make a division .
[00:11:27.500 --> 00:11:29.500] If the supporters of
[00:11:29.500 --> 00:11:31.500] ecology , renewable sources
[00:11:31.500 --> 00:11:33.500] are ready to pay more ,
[00:11:33.500 --> 00:11:35.500] then let them order energy
[00:11:35.500 --> 00:11:37.500] from the supplier who has
[00:11:37.500 --> 00:11:39.500] renewable sources
[00:11:39.500 --> 00:11:41.500] and let them pay more .
[00:11:41.500 --> 00:11:43.500] And these poor customers
[00:11:43.500 --> 00:11:45.500] order energy from coal and pay less .
[00:11:45.500 --> 00:11:47.500] Another fiction .
[00:11:47.500 --> 00:11:49.500] It sounds very nice and almost
[00:11:49.500 --> 00:11:51.500] reasonable .
[00:11:51.500 --> 00:11:53.500] So first of all ,
[00:11:53.500 --> 00:11:55.500] there is currently no
[00:11:55.500 --> 00:11:57.500] technology known to me in the world
[00:11:57.500 --> 00:11:59.500] that could
[00:11:59.500 --> 00:12:01.500] choose
[00:12:01.500 --> 00:12:03.500] the types of energy .
[00:12:03.500 --> 00:12:05.500] We do not have such methods at all .
[00:12:05.500 --> 00:12:07.500] We do not have such a division .
[00:12:07.500 --> 00:12:09.500] It is completely , totally impossible .
[00:12:09.500 --> 00:12:11.500] Maybe someday . I do not claim that no .
[00:12:11.500 --> 00:12:13.500] The second illusion
[00:12:13.500 --> 00:12:15.500] here is that
[00:12:15.500 --> 00:12:17.500] we do not have
[00:12:17.500 --> 00:12:19.500] any freedom of choice
[00:12:19.500 --> 00:12:21.500] in prices or in the production of
[00:12:21.500 --> 00:12:23.500] this energy , because politicians
[00:12:23.500 --> 00:12:25.500] rule by prices and rules
[00:12:25.500 --> 00:12:27.500] of energy production and re covery ,
[00:12:27.500 --> 00:12:29.500] not the economy or those who
[00:12:29.500 --> 00:12:31.500] produce it . It is complete
[00:12:31.500 --> 00:12:33.500] science fiction from the point of view
[00:12:33.500 --> 00:12:35.500] of real economic
[00:12:35.500 --> 00:12:37.500] or energy rules .
[00:12:37.500 --> 00:12:39.500] Here politics rules ,
[00:12:39.500 --> 00:12:41.500] systems .
[00:12:41.500 --> 00:12:43.500] They decide
[00:12:43.500 --> 00:12:45.500] what are the energy prices in a given country ,
[00:12:45.500 --> 00:12:47.500] in a given city , in a given time ,
[00:12:47.500 --> 00:12:49.500] ladies and gentlemen .
[00:12:49.500 --> 00:12:51.500] The illusion is that you have any
[00:12:51.500 --> 00:12:53.500] choice . The illusion is that
[00:12:53.500 --> 00:12:55.500] we have this dirty and clean
[00:12:55.500 --> 00:12:57.500] energy and we can decide
[00:12:57.500 --> 00:12:59.500] where it will flow .
[00:12:59.500 --> 00:13:01.500] There is no such thing .
[00:13:01.500 --> 00:13:03.500] I will say even more . For every
[00:13:03.500 --> 00:13:05.500] kilow att of this green energy
[00:13:05.500 --> 00:13:07.500] we must have a kilow att
[00:13:07.500 --> 00:13:09.500] of this dirty energy guaranteed .
[00:13:09.500 --> 00:13:11.500] If we want
[00:13:11.500 --> 00:13:13.500] to have more of this clean energy ,
[00:13:13.500 --> 00:13:15.500] we must have more of this dirty energy
[00:13:15.500 --> 00:13:17.500] to be stable . So if
[00:13:17.500 --> 00:13:19.500] for some reason this " cle an "
[00:13:19.500 --> 00:13:21.500] energy will not
[00:13:21.500 --> 00:13:23.500] enter the network , then we must
[00:13:23.500 --> 00:13:25.500] increase the production of this dirty
[00:13:25.500 --> 00:13:27.500] energy to balance
[00:13:27.500 --> 00:13:29.500] the need . Because people will
[00:13:29.500 --> 00:13:31.500] want to turn on their TVs ,
[00:13:31.500 --> 00:13:33.500] recharge their phones or those famous
[00:13:33.500 --> 00:13:35.500] electric cars when ,
[00:13:35.500 --> 00:13:37.500] for example , the sun is not shining .
[00:13:37.500 --> 00:13:39.500] And I will tell you that this is exactly
[00:13:39.500 --> 00:13:41.500] what is happening . So the biggest
[00:13:41.500 --> 00:13:43.500] consumption is when there is the
[00:13:43.500 --> 00:13:45.500] least production of eco - energy .
[00:13:45.500 --> 00:13:47.500] Let 's take a deep breath
[00:13:47.500 --> 00:13:49.500] and take a break .
[00:13:51.500 --> 00:13:53.500] [ music ]
[00:13:53.500 --> 00:13:55.500] [ music ]
[00:14:21.500 --> 00:14:23.500] Good morning , Mr . Mar ius z .
[00:14:23.500 --> 00:14:25.500] Today the topic of our conversation is energy .
[00:14:25.500 --> 00:14:27.500] The topic is self - play .
[00:14:27.500 --> 00:14:29.500] Very relevant always . Mar ius z Stef ani ak ,
[00:14:29.500 --> 00:14:31.500] economist , financi er , president of the
[00:14:31.500 --> 00:14:33.500] " W i ? cej M ?d ro ?ci " Foundation . Mr . Mar ius z ,
[00:14:33.500 --> 00:14:35.500] I would like to draw you into one more
[00:14:35.500 --> 00:14:37.500] illusion , fiction , perhaps .
[00:14:37.500 --> 00:14:39.500] In my town , before the war
[00:14:39.500 --> 00:14:41.500] and right after the war , there were
[00:14:41.500 --> 00:14:43.500] a dozen small water power plants
[00:14:43.500 --> 00:14:45.500] on a river that has a mountain ous character and is
[00:14:45.500 --> 00:14:47.500] able to produce some electricity .
[00:14:47.500 --> 00:14:49.500] And that was enough to supply the city .
[00:14:49.500 --> 00:14:51.500] And today , local water energy
[00:14:51.500 --> 00:14:53.500] producers ,
[00:14:53.500 --> 00:14:55.500] well , it 's practically a margin .
[00:14:55.500 --> 00:14:57.500] Is it possible to return
[00:14:57.500 --> 00:14:59.500] to such local markets
[00:14:59.500 --> 00:15:01.500] with local specifics , with local sources
[00:15:01.500 --> 00:15:03.500] that will be autonomous
[00:15:03.500 --> 00:15:05.500] and stable ? Yes , I think
[00:15:05.500 --> 00:15:07.500] it is possible and it is not a fiction ,
[00:15:07.500 --> 00:15:09.500] sir , but in my opinion it is
[00:15:09.500 --> 00:15:11.500] the only way
[00:15:11.500 --> 00:15:13.500] to get out of this situation .
[00:15:13.500 --> 00:15:15.500] Mon opoly ,
[00:15:15.500 --> 00:15:17.500] catch - ups , these gigantic
[00:15:17.500 --> 00:15:19.500] energy companies
[00:15:19.500 --> 00:15:21.500] that rob us and more and more
[00:15:21.500 --> 00:15:23.500] shameless ly rob us .
[00:15:23.500 --> 00:15:25.500] But we would be able to provide ourselves with local
[00:15:25.500 --> 00:15:27.500] energy sources that would cover
[00:15:27.500 --> 00:15:29.500] growing demand ? Yes ,
[00:15:29.500 --> 00:15:31.500] no problem . And we even have all
[00:15:31.500 --> 00:15:33.500] the necessary technologies for this .
[00:15:33.500 --> 00:15:35.500] A simple solution ? Ge othermal .
[00:15:35.500 --> 00:15:37.500] At the level of municipalities ,
[00:15:37.500 --> 00:15:39.500] counties - perfect .
[00:15:39.500 --> 00:15:41.500] Small er ones are
[00:15:41.500 --> 00:15:43.500] small water power plants .
[00:15:43.500 --> 00:15:45.500] They should be crushing ly super
[00:15:45.500 --> 00:15:47.500] promoted and common .
[00:15:47.500 --> 00:15:49.500] It is definitely super cool ,
[00:15:49.500 --> 00:15:51.500] super interesting to create a lot
[00:15:51.500 --> 00:15:53.500] of small water power plants ,
[00:15:53.500 --> 00:15:55.500] because they are cheap , efficient .
[00:15:55.500 --> 00:15:57.500] These are the only
[00:15:57.500 --> 00:15:59.500] really sensible ecological solutions
[00:15:59.500 --> 00:16:01.500] known to me in the world .
[00:16:01.500 --> 00:16:03.500] And the fact that it is not super
[00:16:03.500 --> 00:16:05.500] common is a total
[00:16:05.500 --> 00:16:07.500] crime for me . Mr . Mar ius z ,
[00:16:07.500 --> 00:16:09.500] but do you know the countries where such local markets
[00:16:09.500 --> 00:16:11.500] operate ? There are a lot of countries
[00:16:11.500 --> 00:16:13.500] that have a lot of solutions
[00:16:13.500 --> 00:16:15.500] eco - friendly and also based
[00:16:15.500 --> 00:16:17.500] on water energy .
[00:16:17.500 --> 00:16:19.500] In practically no country
[00:16:19.500 --> 00:16:21.500] big it is not done ,
[00:16:21.500 --> 00:16:23.500] but why ? Because there is a big business
[00:16:23.500 --> 00:16:25.500] and monopoly . Imagine
[00:16:25.500 --> 00:16:27.500] that anyone will allow
[00:16:27.500 --> 00:16:29.500] or God forbid will launch it ,
[00:16:29.500 --> 00:16:31.500] where there is an energy monopoly .
[00:16:31.500 --> 00:16:33.500] Who will allow it , sir ?
[00:16:33.500 --> 00:16:35.500] What government , what corporations ?
[00:16:35.500 --> 00:16:37.500] Because they will not earn anything .
[00:16:37.500 --> 00:16:39.500] People will earn on it . You will benefit from it .
[00:16:39.500 --> 00:16:41.500] That 's why
[00:16:41.500 --> 00:16:43.500] no one is launching it .
[00:16:43.500 --> 00:16:45.500] That 's why it 's very hard to make such a power plant .
[00:16:45.500 --> 00:16:47.500] There are requirements , there are restrictions
[00:16:47.500 --> 00:16:49.500] and so on .
[00:16:49.500 --> 00:16:51.500] In my opinion , it should be very
[00:16:51.500 --> 00:16:53.500] super common , even promoted
[00:16:53.500 --> 00:16:55.500] by the state , because it is really
[00:16:55.500 --> 00:16:57.500] one of the best methods ,
[00:16:57.500 --> 00:16:59.500] really , a real ecological
[00:16:59.500 --> 00:17:01.500] method of generating electricity .
[00:17:01.500 --> 00:17:03.500] Mr . Mar ius z , but
[00:17:03.500 --> 00:17:05.500] for logic , since within a few years
[00:17:05.500 --> 00:17:07.500] we were able to go through a revolution
[00:17:07.500 --> 00:17:09.500] based on the fact that on every second Polish roof
[00:17:09.500 --> 00:17:11.500] there were energy panels ,
[00:17:11.500 --> 00:17:13.500] so why are we not able to
[00:17:13.500 --> 00:17:15.500] make such a water revolution
[00:17:15.500 --> 00:17:17.500] in every town where there is a potential
[00:17:17.500 --> 00:17:19.500] to install a small power plant ?
[00:17:19.500 --> 00:17:21.500] We are able ,
[00:17:21.500 --> 00:17:23.500] but we will not do it . How many companies
[00:17:23.500 --> 00:17:25.500] actually produce photo vol ta ic panels ?
[00:17:25.500 --> 00:17:27.500] A finger ,
[00:17:27.500 --> 00:17:29.500] a hand would be enough for you
[00:17:29.500 --> 00:17:31.500] to cover the whole world .
[00:17:31.500 --> 00:17:33.500] Polit icians like such businesses ,
[00:17:33.500 --> 00:17:35.500] because thick envelop es literally
[00:17:35.500 --> 00:17:37.500] fall into their pockets .
[00:17:37.500 --> 00:17:39.500] Let 's see
[00:17:39.500 --> 00:17:41.500] what the dec rees are in the EU .
[00:17:41.500 --> 00:17:43.500] There is supposed to be a rapid increase
[00:17:43.500 --> 00:17:45.500] in photo vol ta ics ,
[00:17:45.500 --> 00:17:47.500] and at the same time we see mega - c atch - up
[00:17:47.500 --> 00:17:49.500] sc ams in the same EU .
[00:17:49.500 --> 00:17:51.500] Let 's add two to two ,
[00:17:51.500 --> 00:17:53.500] that these technologies are being launched ,
[00:17:53.500 --> 00:17:55.500] which allow
[00:17:55.500 --> 00:17:57.500] to earn a small group of people
[00:17:57.500 --> 00:17:59.500] who control the whole world .
[00:17:59.500 --> 00:18:01.500] That 's all it 's about .
[00:18:01.500 --> 00:18:03.500] You can make a water power plant yourself
[00:18:03.500 --> 00:18:05.500] from scratch , without buying
[00:18:05.500 --> 00:18:07.500] anything in the store .
[00:18:07.500 --> 00:18:09.500] You are not able to do
[00:18:09.500 --> 00:18:11.500] anything with the photo vol ta ic system .
[00:18:11.500 --> 00:18:13.500] Unfortunately , you are not able to produce
[00:18:13.500 --> 00:18:15.500] parts for units , inver ters .
[00:18:15.500 --> 00:18:17.500] You understand that
[00:18:17.500 --> 00:18:19.500] it is not the same as
[00:18:19.500 --> 00:18:21.500] launching a power plant , which is
[00:18:21.500 --> 00:18:23.500] well known , simple , safe .
[00:18:23.500 --> 00:18:25.500] There is nothing to explode .
[00:18:25.500 --> 00:18:27.500] Nothing bad will happen
[00:18:27.500 --> 00:18:29.500] if you have a minimum of reason .
[00:18:29.500 --> 00:18:31.500] With photo vol ta ic systems ,
[00:18:31.500 --> 00:18:33.500] it is not like that at all .
[00:18:33.500 --> 00:18:35.500] It is more complex , complicated ,
[00:18:35.500 --> 00:18:37.500] dangerous . An ordinary Jan K ow als ki
[00:18:37.500 --> 00:18:39.500] will not be able to do it .
[00:18:39.500 --> 00:18:41.500] If he does , he will probably regret it .
[00:18:41.500 --> 00:18:43.500] Big companies do it , corporations do it
[00:18:43.500 --> 00:18:45.500] and it will probably stay that way
[00:18:45.500 --> 00:18:47.500] for years to come . That 's why
[00:18:47.500 --> 00:18:49.500] it 's a great business for these corporations
[00:18:49.500 --> 00:18:51.500] and for politicians ,
[00:18:51.500 --> 00:18:53.500] who prepare legal foundations
[00:18:53.500 --> 00:18:55.500] for what is good and what is not good .
[00:18:55.500 --> 00:18:57.500] Exactly , Mr . Mar ius z ,
[00:18:57.500 --> 00:18:59.500] at the end I will ask you a question ,
[00:18:59.500 --> 00:19:01.500] which I think opens the door to the next topic .
[00:19:01.500 --> 00:19:03.500] The International Energy Agency
[00:19:03.500 --> 00:19:05.500] predict s that in Europe
[00:19:05.500 --> 00:19:07.500] the production of coal will actually decrease
[00:19:07.500 --> 00:19:09.500] in the coming years , but in China ,
[00:19:09.500 --> 00:19:11.500] India , Asia it will increase .
[00:19:11.500 --> 00:19:13.500] We will not have a global effect
[00:19:13.500 --> 00:19:15.500] and a reduction in carbon dioxide emissions .
[00:19:15.500 --> 00:19:17.500] And besides , how are we supposed
[00:19:17.500 --> 00:19:19.500] to compete economically with
[00:19:19.500 --> 00:19:21.500] Asian countries , if our electricity
[00:19:21.500 --> 00:19:23.500] will be much more expensive ?
[00:19:23.500 --> 00:19:25.500] Are we even able to compete ?
[00:19:25.500 --> 00:19:27.500] You are right , you are right .
[00:19:27.500 --> 00:19:29.500] It is all literally
[00:19:29.500 --> 00:19:31.500] not making any economic sense .
[00:19:31.500 --> 00:19:33.500] Poland has such a small impact on the climate ,
[00:19:33.500 --> 00:19:35.500] that it is not even possible
[00:19:35.500 --> 00:19:37.500] to measure it .
[00:19:37.500 --> 00:19:39.500] And China , being one of the
[00:19:39.500 --> 00:19:41.500] biggest pollut ers in the world ,
[00:19:41.500 --> 00:19:43.500] is totally accepted .
[00:19:43.500 --> 00:19:45.500] It must be said clearly ,
[00:19:45.500 --> 00:19:47.500] that the United States
[00:19:47.500 --> 00:19:49.500] have always been the biggest
[00:19:49.500 --> 00:19:51.500] pollut er in the world
[00:19:51.500 --> 00:19:53.500] and these countries should be
[00:19:53.500 --> 00:19:55.500] imposed sanctions to notice
[00:19:55.500 --> 00:19:57.500] any effect .
[00:19:57.500 --> 00:19:59.500] The point is that these countries
[00:19:59.500 --> 00:20:01.500] set the rules and the government
[00:20:01.500 --> 00:20:03.500] will get a mandate for the coal furnace
[00:20:03.500 --> 00:20:05.500] in their home , which of course
[00:20:05.500 --> 00:20:07.500] has no complete meaning
[00:20:07.500 --> 00:20:09.500] and even all coal furn aces
[00:20:09.500 --> 00:20:11.500] from all over the world have no meaning .
[00:20:11.500 --> 00:20:13.500] Because one factory
[00:20:13.500 --> 00:20:15.500] sometimes produces more
[00:20:15.500 --> 00:20:17.500] pollution than the whole country .
[00:20:17.500 --> 00:20:19.500] In 2022
[00:20:19.500 --> 00:20:21.500] 36 % of the world 's energy
[00:20:21.500 --> 00:20:23.500] was produced from coal
[00:20:23.500 --> 00:20:25.500] and that gave 8 million tons
[00:20:25.500 --> 00:20:27.500] of CO 2 emissions .
[00:20:27.500 --> 00:20:29.500] So this is the beginning of this
[00:20:29.500 --> 00:20:31.500] whole lie , the eco .
[00:20:31.500 --> 00:20:33.500] In China in 2022
[00:20:33.500 --> 00:20:35.500] a permit was issued
[00:20:35.500 --> 00:20:37.500] or a preliminary permit
[00:20:37.500 --> 00:20:39.500] for the construction of 42 %
[00:20:39.500 --> 00:20:41.500] more power of coal power plants
[00:20:41.500 --> 00:20:43.500] than in 2021 .
[00:20:43.500 --> 00:20:45.500] 40 , so they almost double
[00:20:45.500 --> 00:20:47.500] the energy .
[00:20:47.500 --> 00:20:49.500] The value of permits for the construction of new
[00:20:49.500 --> 00:20:51.500] power plants in China
[00:20:51.500 --> 00:20:53.500] increased by 200 , 000
[00:20:53.500 --> 00:20:55.500] meg awat ts .
[00:20:55.500 --> 00:20:57.500] At the same time , the construction of
[00:20:57.500 --> 00:20:59.500] coal power plants in China increased
[00:20:59.500 --> 00:21:01.500] by almost 30 %.
[00:21:01.500 --> 00:21:03.500] So we 're still increasing
[00:21:03.500 --> 00:21:05.500] this consumption ,
[00:21:05.500 --> 00:21:07.500] and we 're not reducing it .
[00:21:07.500 --> 00:21:09.500] That 's why , ladies and gentlemen ,
[00:21:09.500 --> 00:21:11.500] any mandates ,
[00:21:11.500 --> 00:21:13.500] penalties or restrictions
[00:21:13.500 --> 00:21:15.500] on private people
[00:21:15.500 --> 00:21:17.500] who have some kind of stove , chimney ,
[00:21:17.500 --> 00:21:19.500] burn something there ,
[00:21:19.500 --> 00:21:21.500] is a total absurd ity
[00:21:21.500 --> 00:21:23.500] and a form of hypocr isy .
[00:21:23.500 --> 00:21:25.500] The world is moving
[00:21:25.500 --> 00:21:27.500] towards coal power plants .
[00:21:27.500 --> 00:21:29.500] It is rapidly increasing
[00:21:29.500 --> 00:21:31.500] the production of energy from coal power plants .
[00:21:31.500 --> 00:21:33.500] And no one is punishing them for it ,
[00:21:33.500 --> 00:21:35.500] and everyone is doing business with them .
[00:21:35.500 --> 00:21:37.500] And no one sees any problem with it .
[00:21:37.500 --> 00:21:39.500] Whether in the United States ,
[00:21:39.500 --> 00:21:41.500] which is the second largest
[00:21:41.500 --> 00:21:43.500] world poison er , or in China ,
[00:21:43.500 --> 00:21:45.500] number one , or Germany ,
[00:21:45.500 --> 00:21:47.500] which is also one of the significant
[00:21:47.500 --> 00:21:49.500] poison ers .
[00:21:49.500 --> 00:21:51.500] This whole absurd ity ,
[00:21:51.500 --> 00:21:53.500] this ec on ag on ,
[00:21:53.500 --> 00:21:55.500] is being covered by
[00:21:55.500 --> 00:21:57.500] ants ' mouths to reduce
[00:21:57.500 --> 00:21:59.500] the noise ,
[00:21:59.500 --> 00:22:01.500] where the herd of elephants is standing next to it .
[00:22:01.500 --> 00:22:03.500] Ladies and gentlemen .
[00:22:03.500 --> 00:22:05.500] Thank you very much for today 's meeting .
[00:22:05.500 --> 00:22:07.500] The economist , the financi er ,
[00:22:07.500 --> 00:22:09.500] the president of the Foundation for More Wis dom ,
[00:22:09.500 --> 00:22:11.500] M ari usz Stef ani ak . The hearing was led by Kr z ysz to f Stra uch man .
[00:22:11.500 --> 00:22:13.500] See you later .
[00:22:17.500 --> 00:22:23.500] In na Radio . In G ? uch o ? az ach and the area . 105 i 2 .
[00:22:23.500 --> 00:22:26.500] In na Radio . In G ? uch o ? az ach and the area . 105 i 2 .
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the score , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:15.000] Mr . Mar ius z S te f ani ak , economic economist , finan c ial advisor , our weekly guest .
[00:00:15.000 --> 00:00:20.000] Today we are talking about miracles at the distributor and about other miracles .
[00:00:20.000 --> 00:00:22.000] I was shocked at the fuel distributor .
[00:00:22.000 --> 00:00:24.000] Anyway , probably not just me .
[00:00:24.000 --> 00:00:30.000] A few days ago , the price of a liter of gasoline , of diesel oil , dropped by about 40 cents , as far as I remember .
[00:00:30.000 --> 00:00:32.000] Does this have any economic justification , Mr . Mar ius z ?
[00:00:32.000 --> 00:00:35.000] What 's going on in the world 's oil exchanges ?
[00:00:35.000 --> 00:00:38.000] Or maybe the government suddenly lowered the fuel prices ?
[00:00:38.000 --> 00:00:40.000] Oil prices are going up .
[00:00:40.000 --> 00:00:43.000] Tax es and exc ise are the highest for many years .
[00:00:43.000 --> 00:00:45.000] And prices are falling .
[00:00:45.000 --> 00:00:47.000] Well , interesting , surprising .
[00:00:47.000 --> 00:00:48.000] Everyone is asking why .
[00:00:48.000 --> 00:00:51.000] Maybe we remember the situation during the pandemic ,
[00:00:51.000 --> 00:00:54.000] when fuel was so cheap , because people didn 't buy it ,
[00:00:54.000 --> 00:00:56.000] because they didn 't drive , there was no need .
[00:00:56.000 --> 00:00:59.000] Maybe we have a similar situation , that the demand has fallen .
[00:00:59.000 --> 00:01:05.000] The only logical reason , I think , is what is the main line
[00:01:05.000 --> 00:01:10.000] showing the basis of all economic decisions in the economy .
[00:01:10.000 --> 00:01:12.000] And not only in Poland .
[00:01:12.000 --> 00:01:15.000] Politics and ideology .
[00:01:15.000 --> 00:01:17.000] The elections are coming up ,
[00:01:17.000 --> 00:01:22.000] so the price increases have not positively affected the voters .
[00:01:22.000 --> 00:01:23.000] Low prices ?
[00:01:23.000 --> 00:01:24.000] Definitely .
[00:01:24.000 --> 00:01:28.000] Of course , we are talking about people who can only look at the length of their own nose ,
[00:01:28.000 --> 00:01:32.000] and they have Alzheimer 's and don 't remember what happened yesterday .
[00:01:32.000 --> 00:01:35.000] So they are perfectly voters .
[00:01:35.000 --> 00:01:39.000] So we will lower the fuel prices for a few months , or anything else .
[00:01:39.000 --> 00:01:43.000] Co al , gas , apartments , we will give some prefer ential loans .
[00:01:43.000 --> 00:01:47.000] And they will forget that all the things I mentioned
[00:01:47.000 --> 00:01:51.000] have jumped up several times in recent years .
[00:01:51.000 --> 00:01:56.000] For me as an economist , it is literally a cheek , such a price jump .
[00:01:56.000 --> 00:01:58.000] And it has nothing to do with the economy .
[00:01:58.000 --> 00:02:00.000] It 's pure politics .
[00:02:00.000 --> 00:02:02.000] Mr . Mar ius z , I remember how fuel was getting more expensive .
[00:02:02.000 --> 00:02:07.000] One of the arguments from Or len , who basically decides about fuel prices in Poland ,
[00:02:07.000 --> 00:02:12.000] was that fuel in Poland cannot differ from the price level in Europe ,
[00:02:12.000 --> 00:02:17.000] because we will have path ological situations , that it will be bought , exported .
[00:02:17.000 --> 00:02:22.000] It is just that we live in the border zone and we see crowds of Czech s coming to us to ref uel .
[00:02:22.000 --> 00:02:27.000] From what the media shows , along the German border , the situation is the same .
[00:02:27.000 --> 00:02:32.000] There are even stations that have introduced a limit on the amount of fuel that can be ref uel ed .
[00:02:32.000 --> 00:02:34.000] Only 100 liters .
[00:02:34.000 --> 00:02:36.000] Who can make supplies ?
[00:02:36.000 --> 00:02:38.000] Can it somehow surprise our market ?
[00:02:38.000 --> 00:02:42.000] No , I don 't think it will surprise the market , because as I said ,
[00:02:42.000 --> 00:02:45.000] according to my knowledge , this is a temporary situation ,
[00:02:45.000 --> 00:02:48.000] so it doesn 't really matter long - term .
[00:02:48.000 --> 00:02:52.000] But of course , first of all , these excuses were absurd ,
[00:02:52.000 --> 00:02:56.000] that fuel in Poland must be as expensive as in Europe .
[00:02:56.000 --> 00:02:58.000] This is a total lie .
[00:02:58.000 --> 00:02:59.000] It doesn 't matter .
[00:02:59.000 --> 00:03:04.000] There are methods to sh or ten any speculation , manipulation , etc .
[00:03:04.000 --> 00:03:10.000] We have to burden our citizens as high as the richest countries in Europe .
[00:03:10.000 --> 00:03:14.000] Idi otic idea , having nothing to do with the economy .
[00:03:14.000 --> 00:03:15.000] In no way .
[00:03:15.000 --> 00:03:17.000] So it was just an excuse .
[00:03:17.000 --> 00:03:22.000] K RL is a public company , it has the highest profits in history .
[00:03:22.000 --> 00:03:25.000] Because we paid the highest fuel prices .
[00:03:25.000 --> 00:03:29.000] Of course , these false excuses that they don 't earn better on fuel ,
[00:03:29.000 --> 00:03:33.000] but I remember in an interview I explained how it 's done ,
[00:03:33.000 --> 00:03:36.000] that formally it doesn 't seem to make money on it ,
[00:03:36.000 --> 00:03:38.000] but in fact , billions are made .
[00:03:38.000 --> 00:03:41.000] Here we have , on the other hand , an idiot ic play ,
[00:03:41.000 --> 00:03:44.000] from the point of view of the economist , of course , I say idiot ic ,
[00:03:44.000 --> 00:03:47.000] because for the government it is a brilliant play , of course .
[00:03:47.000 --> 00:03:51.000] When I look at the Germans or Czech s standing in the que ues for fuel in Poland ,
[00:03:51.000 --> 00:03:53.000] I swear I 'm it ching for teeth .
[00:03:53.000 --> 00:03:57.000] If our prices were set thoroughly , we would be happy .
[00:03:57.000 --> 00:04:02.000] Yes , it 's great , we have profits , we sell more , we earn more .
[00:04:02.000 --> 00:04:03.000] Great .
[00:04:03.000 --> 00:04:09.000] But I don 't think these prices should be set economically , in reality .
[00:04:09.000 --> 00:04:13.000] It 's just another electoral sausage we 've seen so many times ,
[00:04:13.000 --> 00:04:16.000] and people with a man ia c 's stubborn ness erase the memory
[00:04:16.000 --> 00:04:19.000] that every government does the same ,
[00:04:19.000 --> 00:04:21.000] and then everything goes back to normal ,
[00:04:21.000 --> 00:04:24.000] so again these increases , again the scandal , and so on .
[00:04:24.000 --> 00:04:26.000] It 's funny .
[00:04:26.000 --> 00:04:30.000] As for the Czech s , I 'll quote one of the publications I 've read recently .
[00:04:30.000 --> 00:04:34.000] " The Czech s have probably the worst government in history .
[00:04:34.000 --> 00:04:37.000] There is not a single economist in the government ."
[00:04:37.000 --> 00:04:40.000] This is the path ology of so - called democracy for me ,
[00:04:40.000 --> 00:04:44.000] that everyone is ruled by people who know nothing but talking ,
[00:04:44.000 --> 00:04:45.000] that is , politics .
[00:04:45.000 --> 00:04:47.000] And suddenly it comes to such an absurd ity ,
[00:04:47.000 --> 00:04:49.000] that a great Czech economy ,
[00:04:49.000 --> 00:04:51.000] because the Czech s really had a very nice economy ,
[00:04:51.000 --> 00:04:54.000] a lot better than the Polish economy , to be more interesting ,
[00:04:54.000 --> 00:04:56.000] but a much smaller country .
[00:04:56.000 --> 00:05:00.000] And suddenly it turns out that one absurd government is enough ,
[00:05:00.000 --> 00:05:02.000] and the Czech s see it , they protest ,
[00:05:02.000 --> 00:05:05.000] the society is really very upset ,
[00:05:05.000 --> 00:05:07.000] they are right ,
[00:05:07.000 --> 00:05:13.000] but I 'm surprised that the Pol es accept the government of people who know nothing .
[00:05:13.000 --> 00:05:17.000] Well , if you look at all these people in the highest positions one by one ,
[00:05:17.000 --> 00:05:19.000] and tell me what they can do ,
[00:05:19.000 --> 00:05:22.000] so really , what they have shown in their lives ,
[00:05:22.000 --> 00:05:24.000] they did something , they created something ,
[00:05:24.000 --> 00:05:27.000] in most cases , when I look at the lives of these people ,
[00:05:27.000 --> 00:05:29.000] I want to laugh ,
[00:05:29.000 --> 00:05:33.000] they are just some officials of political rank ,
[00:05:33.000 --> 00:05:37.000] great - a unts or descendants of some officials or S . B . officers ,
[00:05:37.000 --> 00:05:39.000] and these are the so - called resort children .
[00:05:39.000 --> 00:05:41.000] How are they supposed to rule well ?
[00:05:41.000 --> 00:05:43.000] " Mr . Mar ys ia , you do not appreciate the Polish government , evident ly ,
[00:05:43.000 --> 00:05:46.000] while the Czech s who come to us for shopping ,
[00:05:46.000 --> 00:05:49.000] complain about their own , but praise us , because they have it cheap .
[00:05:49.000 --> 00:05:53.000] So maybe this is a sign that our government is ruling well ."
[00:05:53.000 --> 00:05:55.000] Great , you took it ,
[00:05:55.000 --> 00:06:00.000] so maybe let 's explain that the Polish government is good for the inhabitants of the Czech Republic .
[00:06:00.000 --> 00:06:03.000] It is one of the best governments for the Czech s ,
[00:06:03.000 --> 00:06:05.000] which is a theoretically Polish government .
[00:06:05.000 --> 00:06:07.000] It is also the best government for the Ukrain ians ,
[00:06:07.000 --> 00:06:10.000] being a theoretically Polish government .
[00:06:10.000 --> 00:06:12.000] It is also the best government for the Germans ,
[00:06:12.000 --> 00:06:13.000] being a Polish government .
[00:06:13.000 --> 00:06:19.000] And suddenly it turns out that our governments are brilliant for all the nations around ,
[00:06:19.000 --> 00:06:21.000] except for the Pol es .
[00:06:21.000 --> 00:06:24.000] I invite you to the break , we will be back in a moment .
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[00:06:28.000 --> 00:06:31.000] St arring
[00:06:31.000 --> 00:06:34.000] Pro duction Manager
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[00:06:40.000 --> 00:06:43.000] Ed iting
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[00:06:58.000 --> 00:07:00.000] What is going on , Mr . Mar ius z ?
[00:07:00.000 --> 00:07:02.000] Mr . Mar ius z , our weekly guest ,
[00:07:02.000 --> 00:07:05.000] today we are talking about miracles at the distributor ,
[00:07:05.000 --> 00:07:07.000] and about other miracles .
[00:07:07.000 --> 00:07:10.000] The government has made one more surprise for the drivers ,
[00:07:10.000 --> 00:07:14.000] and this information somehow passed , in my opinion , a bit un not iced .
[00:07:14.000 --> 00:07:18.000] On January 1 , E 95 petrol , the most popular petrol ,
[00:07:18.000 --> 00:07:20.000] fueled by drivers ,
[00:07:20.000 --> 00:07:24.000] will be sold only with a 10 % add it iv e of bio f uel .
[00:07:24.000 --> 00:07:27.000] Currently , such an additive is 5 %.
[00:07:27.000 --> 00:07:32.000] The Deputy Minister of Agriculture explained that this is to improve the situation of Polish farmers ,
[00:07:32.000 --> 00:07:36.000] who have a hard time , because they have to compete with Ukrainian grain ,
[00:07:36.000 --> 00:07:41.000] so they will have an additional surplus on rap ese ed , corn , bad grain .
[00:07:41.000 --> 00:07:46.000] My question is , does a higher fuel add it iv e give anything to drivers ,
[00:07:46.000 --> 00:07:48.000] because there are the most drivers in the country ,
[00:07:48.000 --> 00:07:53.000] or , for example , it can mean lower fuel prices , because I have heard such comments before .
[00:07:53.000 --> 00:07:57.000] I definitely think that it will not lower the fuel price at all ,
[00:07:57.000 --> 00:08:00.000] because lowering the quality
[00:08:00.000 --> 00:08:05.000] almost never results in lowering the price ,
[00:08:05.000 --> 00:08:08.000] because that is not the purpose of these procedures .
[00:08:08.000 --> 00:08:11.000] The point is to increase profits .
[00:08:11.000 --> 00:08:17.000] Of course , the fairy tale about how we will support farmers
[00:08:17.000 --> 00:08:20.000] by lowering the quality of fuel ,
[00:08:20.000 --> 00:08:25.000] we can do the same with cheese , milk , eggs .
[00:08:25.000 --> 00:08:27.000] Let 's sell ? ? of an egg ,
[00:08:27.000 --> 00:08:31.000] we will add half of the cheese to the sand .
[00:08:31.000 --> 00:08:33.000] These are just absurd for me .
[00:08:33.000 --> 00:08:38.000] I don 't know if someone in common sense will really accept such arguments .
[00:08:38.000 --> 00:08:41.000] It doesn 't make any sense , from any point of view .
[00:08:41.000 --> 00:08:43.000] If our farmers are not able to sustain themselves ,
[00:08:43.000 --> 00:08:47.000] then something is wrong with agriculture , not with fuel .
[00:08:47.000 --> 00:08:51.000] Are we going to fix one industry by spo iling another ?
[00:08:51.000 --> 00:08:53.000] Mr . Major , the argument is this .
[00:08:53.000 --> 00:08:55.000] Because there will be more bio f uel in fuel ,
[00:08:55.000 --> 00:08:59.000] so we won 't have to buy so much rap ese ed in world markets .
[00:08:59.000 --> 00:09:02.000] We will buy half a million tons of various types of grain ,
[00:09:02.000 --> 00:09:06.000] convert it into alcohol , bio eth an ol , add it to fuel and sell it .
[00:09:06.000 --> 00:09:08.000] But why ?
[00:09:08.000 --> 00:09:10.000] If we don 't want to buy fuel ,
[00:09:10.000 --> 00:09:13.000] then let 's just stop driving cars to get fuel .
[00:09:13.000 --> 00:09:16.000] Okay , I understand that , I have no problem with that .
[00:09:16.000 --> 00:09:19.000] Only if we want to drive cars to get fuel ,
[00:09:19.000 --> 00:09:23.000] then maybe we will secure fuel for these cars , that 's all .
[00:09:23.000 --> 00:09:26.000] We have one of the largest fuel companies in Europe .
[00:09:26.000 --> 00:09:29.000] And we suddenly announce to the world ,
[00:09:29.000 --> 00:09:32.000] that after we created such a gigantic company ,
[00:09:32.000 --> 00:09:34.000] with the active help of the government ,
[00:09:34.000 --> 00:09:37.000] suddenly , actually , we can 't afford to buy fuel .
[00:09:37.000 --> 00:09:39.000] It all doesn 't make any sense .
[00:09:39.000 --> 00:09:42.000] I say , this argument doesn 't reach me at all ,
[00:09:42.000 --> 00:09:44.000] to the smallest degree ,
[00:09:44.000 --> 00:09:47.000] and it only shows the absurd ity of the people who speak .
[00:09:47.000 --> 00:09:50.000] It really doesn 't make sense , from the point of view of the economy .
[00:09:50.000 --> 00:09:52.000] But the defense of Polish agriculture ,
[00:09:52.000 --> 00:09:54.000] Polish producers of grain ,
[00:09:54.000 --> 00:09:56.000] is the main argument ,
[00:09:56.000 --> 00:10:00.000] for which the government has introduced an embargo on grain from Ukraine .
[00:10:00.000 --> 00:10:02.000] We did it on our own ,
[00:10:02.000 --> 00:10:04.000] because four months ago ,
[00:10:04.000 --> 00:10:06.000] the European Commission introduced such an embargo ,
[00:10:06.000 --> 00:10:09.000] but now it has not agreed to extend it .
[00:10:09.000 --> 00:10:12.000] We already have the first announcements of the Ukrainian government ,
[00:10:12.000 --> 00:10:14.000] which , however , have been ton ed recently ,
[00:10:14.000 --> 00:10:16.000] that there will be a response ,
[00:10:16.000 --> 00:10:21.000] and that this response will be an embargo on import of Polish vegetables and fruits by Ukraine .
[00:10:21.000 --> 00:10:24.000] So what ? We are preparing for a war of purpose .
[00:10:24.000 --> 00:10:27.000] Mr . Mar ius z , who are the war s of purpose worth ?
[00:10:27.000 --> 00:10:31.000] You know what ? I 'm a bit skeptical when it comes to the statements of politicians .
[00:10:31.000 --> 00:10:35.000] Because , finally , facts are the most important in life , not words .
[00:10:35.000 --> 00:10:37.000] The facts are that there are elections .
[00:10:37.000 --> 00:10:40.000] The facts are that the same government ,
[00:10:40.000 --> 00:10:43.000] which is now so loudly announcing how it will defend Polish farmers ,
[00:10:43.000 --> 00:10:45.000] has allowed for years ,
[00:10:45.000 --> 00:10:47.000] or even actively ,
[00:10:47.000 --> 00:10:51.000] has created an environment for destroying Polish agriculture ,
[00:10:51.000 --> 00:10:53.000] among other things , this grain .
[00:10:53.000 --> 00:10:56.000] Do you know when the subject of Ukrainian grain came up ?
[00:10:56.000 --> 00:10:58.000] When the protests of farmers began .
[00:10:58.000 --> 00:11:00.000] Where were the ministers at that time ?
[00:11:00.000 --> 00:11:02.000] Where was the government ?
[00:11:02.000 --> 00:11:08.000] And do you know who is behind this mass selling of grain to Poland , among others ?
[00:11:08.000 --> 00:11:12.000] Ukrainian ol ig arch s , or the mafia .
[00:11:12.000 --> 00:11:15.000] And this was toler ated by the Polish government ,
[00:11:15.000 --> 00:11:17.000] and the ministers of agriculture were blind ,
[00:11:17.000 --> 00:11:19.000] and the Polish government was blind , and this time stopped .
[00:11:19.000 --> 00:11:22.000] Until the end , the farmers could not stand it , they began to rebel .
[00:11:22.000 --> 00:11:26.000] And then suddenly the government said , " No , we are against it ."
[00:11:26.000 --> 00:11:29.000] When there is no way out , and the elections are still going on ,
[00:11:29.000 --> 00:11:34.000] suddenly the first just government , the Polish government , begins to shout the loud est .
[00:11:34.000 --> 00:11:36.000] " We will defend agriculture ."
[00:11:36.000 --> 00:11:39.000] And where have you been all these years ?
[00:11:39.000 --> 00:11:43.000] The good news is , Mr . Mar ius z , that the government , however , is bending over before social protests .
[00:11:43.000 --> 00:11:45.000] This is a very bad news , sir .
[00:11:45.000 --> 00:11:48.000] Because it means that the government does not know what it is doing ,
[00:11:48.000 --> 00:11:52.000] and secondly , that people are so pissed off that they protest against the government .
[00:11:52.000 --> 00:11:57.000] If the government were doing a sensible thing , it would not have a reason to bend over before anything ,
[00:11:57.000 --> 00:11:59.000] because first , there would be no protests ,
[00:11:59.000 --> 00:12:02.000] secondly , it would know what it is doing , and say , " Listen , this is good for us , because here , here and here ."
[00:12:02.000 --> 00:12:05.000] And you will see the effects of our wise actions .
[00:12:05.000 --> 00:12:08.000] It is exactly the opposite .
[00:12:08.000 --> 00:12:11.000] The government is bending over because it was doing wrong .
[00:12:11.000 --> 00:12:14.000] It was har ming our economy , har ming Polish agriculture .
[00:12:14.000 --> 00:12:17.000] And people had had enough of it .
[00:12:17.000 --> 00:12:24.000] Mr . Mar ius z , as a result of this grain crisis , we have a clear , at least media cooling of Polish - U k rain ian relations .
[00:12:24.000 --> 00:12:28.000] There are even announcements of withdraw ing from various forms of financial support ,
[00:12:28.000 --> 00:12:32.000] from which Ukrainian citizens living in Poland use .
[00:12:32.000 --> 00:12:35.000] What would be the economic consequences of this ?
[00:12:35.000 --> 00:12:39.000] Absolutely none , because as I analyze it , it is only a media game for me .
[00:12:39.000 --> 00:12:44.000] You know that Polish people , fighting in the Second World War for England ,
[00:12:44.000 --> 00:12:51.000] dying for England , had to pay around 108 million pounds .
[00:12:51.000 --> 00:12:58.000] We had to give back gold reserves , tons of gold that were stored in Canada , as far as I remember ,
[00:12:58.000 --> 00:13:03.000] for letting us be murdered in the defense of Great Britain .
[00:13:03.000 --> 00:13:10.000] And now the second fact . Do you know how Ukrainian gold resources changed during the war ?
[00:13:10.000 --> 00:13:12.000] Please guess three times .
[00:13:12.000 --> 00:13:16.000] I don 't have a great possibility . They either increased or decreased , or they are the same .
[00:13:16.000 --> 00:13:21.000] You won , of course . The country destroyed by the war is getting richer .
[00:13:21.000 --> 00:13:29.000] The gold reserves in one of the latest data of the National Bank of Ukraine have increased to the highest level in history .
[00:13:29.000 --> 00:13:35.000] 39 billion dollars . They are getting richer , we are getting poorer , sir .
[00:13:35.000 --> 00:13:38.000] Only they have wars , and we have peace , we have a developing economy .
[00:13:38.000 --> 00:13:43.000] So the longer Ukraine leads the war , the more gold they have , and in Poland it is getting worse .
[00:13:43.000 --> 00:13:47.000] And we are keeping millions of Ukrain ians , because we " help " them .
[00:13:47.000 --> 00:13:52.000] You know , that there were revealed illegal connections and b rib es , literally ,
[00:13:52.000 --> 00:13:57.000] from Ukrainian ol ig arch s to the son of President Biden .
[00:13:57.000 --> 00:14:05.000] Those ol ig arch s are dealing with the trade of fuel , grain , land .
[00:14:05.000 --> 00:14:14.000] I remind you , the closest environment of President Zel ens ki was trading Putin 's coal on a gigantic scale .
[00:14:14.000 --> 00:14:23.000] And we are such saints , and we cut off the evil Putin , his evil coal , because we will be saints from the Pope .
[00:14:23.000 --> 00:14:27.000] So they have no problem with this coal , with its trade .
[00:14:27.000 --> 00:14:33.000] They are pushing their grain into us , not of the highest quality , to make it clear , destroying our economy .
[00:14:33.000 --> 00:14:36.000] A simple quiz for you .
[00:14:36.000 --> 00:14:45.000] If the Ukrain ians could afford to buy the son of the US President , they would not be able to afford to buy officials from Poland .
[00:14:45.000 --> 00:14:50.000] Please call with the answers to the phone that the editor will give at the end of the broadcast .
[00:14:50.000 --> 00:14:55.000] Mrs . Mar ius z , break number two . We 'll be back in a moment and we will finish our broadcast .
[00:14:55.000 --> 00:14:56.000] Thank you .
[00:14:56.000 --> 00:14:59.000] The end of the broadcast .
[00:14:59.000 --> 00:15:02.000] The end of the broadcast .
[00:15:27.000 --> 00:15:29.000] What 's the news , Mrs . Mar ius z ?
[00:15:29.000 --> 00:15:31.000] Mar ius z Stef ani ak , economist , finan c ial expert .
[00:15:31.000 --> 00:15:38.000] Today we are talking about various aspects of international , economic , political contacts with our closest neighbors .
[00:15:38.000 --> 00:15:45.000] Mrs . Mar ius z , it is not a secret that we have to prepare for the fact that we will be competing with Ukraine .
[00:15:45.000 --> 00:15:51.000] Since the outbreak of the war , it has become more and more popular to say that Ukraine will sooner or later join the European Union ,
[00:15:51.000 --> 00:15:58.000] that is , it will join the European Community , a common market , without customs , without any restrictions on the movement of people ,
[00:15:58.000 --> 00:16:01.000] the flow of goods , services , etc .
[00:16:01.000 --> 00:16:05.000] Ukraine has much greater opportunities when it comes to agriculture , for example .
[00:16:05.000 --> 00:16:13.000] How have we used the last year and a half to prepare for the upcoming economic competition with Ukraine ?
[00:16:13.000 --> 00:16:18.000] What is the basis of accepting a member of the Community ?
[00:16:18.000 --> 00:16:26.000] Only the fulfillment of a long list of political , legal and economic claims .
[00:16:26.000 --> 00:16:28.000] Let us recall the facts .
[00:16:28.000 --> 00:16:35.000] Ukraine is the most corrupt country in Europe , ruled for years by ol ig arch s and various kinds of mafia .
[00:16:35.000 --> 00:16:43.000] I can 't imagine any situation when such an entity would be in the near future
[00:16:43.000 --> 00:16:53.000] and be qualified to accept the same structures as France , Germany , Poland or Hungary .
[00:16:53.000 --> 00:16:58.000] Because the rule of law in Ukraine simply does not exist .
[00:16:58.000 --> 00:17:03.000] And such a country should be next to us and next to other European countries ?
[00:17:03.000 --> 00:17:09.000] And use huge European funds for leveling levels , for support for various sectors .
[00:17:09.000 --> 00:17:12.000] Huge money would flow from the Union to Ukraine then .
[00:17:12.000 --> 00:17:15.000] Yes , but that is the problem .
[00:17:15.000 --> 00:17:18.000] Let 's look at the gigantic sc ams .
[00:17:18.000 --> 00:17:26.000] In Poland , this is not discussed at all , but in the US , it is not a secret that billions of dollars are stolen .
[00:17:26.000 --> 00:17:27.000] There is no other word for it .
[00:17:27.000 --> 00:17:32.000] St olen from the humanitarian and military aid for Ukraine .
[00:17:32.000 --> 00:17:36.000] Let us recall the whole basis of what we are talking about here .
[00:17:36.000 --> 00:17:45.000] The President of Ukraine was introduced to the media and politics , finan ced by the richest Ukrainian ol ig arch .
[00:17:45.000 --> 00:17:47.000] I hor Kol mo ys ki , to be precise .
[00:17:47.000 --> 00:17:51.000] Who is the president of the United Jewish Community .
[00:17:51.000 --> 00:18:00.000] And he chose Ukrainian Jew , Zel ens ki , to be the highest official in the country .
[00:18:00.000 --> 00:18:09.000] I understand that he did it only out of concern for democracy in Ukraine , rule of law and the good of Ukrainian citizens .
[00:18:09.000 --> 00:18:11.000] But my question was directed in this direction .
[00:18:11.000 --> 00:18:13.000] How do we prepare for this ?
[00:18:13.000 --> 00:18:22.000] Do we have any clear policy regarding the fact of la un ching the Union 's membership of Ukraine in the European Union ?
[00:18:22.000 --> 00:18:30.000] The only preparation from the economic point of view , that would make sense , is the exit from the European Union .
[00:18:30.000 --> 00:18:34.000] Because when Ukraine enters the Union , the exit is the only option .
[00:18:34.000 --> 00:18:36.000] There is no other .
[00:18:36.000 --> 00:18:46.000] If such an entity as Ukraine would enter the Union 's structure , it would be the last fall of the Union on every possible field .
[00:18:46.000 --> 00:18:52.000] The Union is a solution , because it is absurd on many levels .
[00:18:52.000 --> 00:18:54.000] And it is bankrupt , physically bankrupt .
[00:18:54.000 --> 00:18:56.000] From the point of view of the economy , the Union is bankrupt .
[00:18:56.000 --> 00:18:59.000] There is no doubt about it .
[00:18:59.000 --> 00:19:03.000] The whole structure of the Union is degener ated .
[00:19:03.000 --> 00:19:08.000] But the entry of Ukraine would be the last nail in the coffin , in my opinion .
[00:19:08.000 --> 00:19:15.000] Mr . Mar ius z , at the end , to relax the atmosphere , I would like to ask you about one more fresh event .
[00:19:15.000 --> 00:19:21.000] Nam ely , the recent decision of the Council of Finance , which lowered the interest rates .
[00:19:21.000 --> 00:19:25.000] Which , in turn , caused a sudden drop in the gold exchange rate .
[00:19:25.000 --> 00:19:27.000] The goal is to have cheaper loans in Poland .
[00:19:27.000 --> 00:19:29.000] Will it be good for the economy ?
[00:19:29.000 --> 00:19:34.000] Or after the elections , because it is probably also an electoral step , it will be a blow to us ?
[00:19:34.000 --> 00:19:38.000] I suspect that this is another electoral sausage .
[00:19:38.000 --> 00:19:43.000] Even if it wasn 't , I admit that I don 't focus on such news at all .
[00:19:43.000 --> 00:19:52.000] Because it makes sense to analyze only when the state economy is being run sens ibly .
[00:19:52.000 --> 00:19:56.000] And not some crazy political - ide ological nonsense .
[00:19:56.000 --> 00:20:02.000] And j uggling the state 's wealth and digging into the pockets of Pol es , which I have been observing for years .
[00:20:02.000 --> 00:20:06.000] I quote literally all political options , not just one .
[00:20:06.000 --> 00:20:11.000] And the only government I can safely say that did not harm the Polish economy .
[00:20:11.000 --> 00:20:16.000] And even was able to help it , it was the Ol sz ew ski government .
[00:20:16.000 --> 00:20:20.000] It took some useful actions for Pol es .
[00:20:20.000 --> 00:20:27.000] For example , it stopped the so - called privat ization , i . e . the theft of various cl iques of gigantic state property for free .
[00:20:27.000 --> 00:20:34.000] Let 's add for the beginning that everything was level ed , all these wise arrangements by subsequent governments .
[00:20:34.000 --> 00:20:41.000] I would like to remind you that the overthrow of the Ol sz ew ski government took place in an extraordinary mode - at night .
[00:20:41.000 --> 00:20:50.000] I encourage each of you to watch the film " N ight Change " before the elections .
[00:20:50.000 --> 00:20:53.000] And think deeply about your political sympath ies .
[00:20:53.000 --> 00:20:59.000] Because in the end , only economic facts matter , not political slog ans .
[00:20:59.000 --> 00:21:05.000] Thank you very much for our conversation , economist , financi er Mar ius z Stef ani ak , our weekly guest .
[00:21:05.000 --> 00:21:10.000] And I will remind you of our phone number if anyone of you would like to call and answer the question in the quiz .
[00:21:10.000 --> 00:21:14.000] Or just give us your comments on our hearing .
[00:21:14.000 --> 00:21:19.000] Our phone number is 5 36 - 28 6 - 28 6 .
[00:21:19.000 --> 00:21:23.000] You can record yourself all day . The program was led by Kr z ysz to f Stra uch man .
[00:21:23.000 --> 00:21:24.000] See you !
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[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the news , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear again ?
[00:00:12.000 --> 00:00:19.000] Mr . Mar ius z is Mar ius z Stef ani ak , economist , finan c ial advisor , president of the " W i ? cej M ?d ro ?ci " foundation and our weekly guest .
[00:00:19.000 --> 00:00:24.000] Today we are talking about the economic effects of the war on Russia .
[00:00:24.000 --> 00:00:30.000] I have been reading the last year 's economic publications , articles right after the outbreak of the war in Ukraine ,
[00:00:30.000 --> 00:00:37.000] which reported the effects of the economic sanctions imposed by the West on Russia .
[00:00:37.000 --> 00:00:44.000] Right after the sanctions were introduced , it was written that they would actually cause a rapid decline in the Russian economy .
[00:00:44.000 --> 00:00:47.000] Half a year later , the narrative changed a bit .
[00:00:47.000 --> 00:00:52.000] For example , CNN admitted last August that the sanctions had not worked .
[00:00:52.000 --> 00:00:54.000] But it hasn 't worked yet .
[00:00:54.000 --> 00:01:00.000] But in fact , the economy in Russia is falling , only slowly and finally it will fall .
[00:01:00.000 --> 00:01:03.000] Today we are a year and a half after the outbreak of the war .
[00:01:03.000 --> 00:01:10.000] From what I checked in the economic data in Russia , this year the increase in the GDP was reported .
[00:01:10.000 --> 00:01:13.000] What 's the deal , Mr . Mar ius z ? Why aren 't the sanctions working ?
[00:01:13.000 --> 00:01:16.000] You know what ? There are two options .
[00:01:16.000 --> 00:01:21.000] Either it 's a miracle , or the media is just telling us nonsense .
[00:01:21.000 --> 00:01:24.000] There are similar lies told to us everywhere , at the very beginning .
[00:01:24.000 --> 00:01:32.000] As soon as the Russian troops are destroyed , they run away , they surrender en masse , they have no equipment ,
[00:01:32.000 --> 00:01:35.000] and we just wait for a quick victory of Ukraine .
[00:01:35.000 --> 00:01:36.000] It was a year ago .
[00:01:36.000 --> 00:01:40.000] I look at the front line and well ...
[00:01:40.000 --> 00:01:47.000] It reminds me of what three things are the most important for the effective war .
[00:01:47.000 --> 00:01:51.000] Money , money and money . It 's Napoleon , he said .
[00:01:51.000 --> 00:01:52.000] Exactly .
[00:01:52.000 --> 00:01:58.000] And today I would like to look at these three things , which are necessary for the war .
[00:01:58.000 --> 00:02:00.000] Let 's start with a few facts .
[00:02:00.000 --> 00:02:06.000] Russia is the sixth power in the world and the fourth in Asia , in terms of purchasing power .
[00:02:06.000 --> 00:02:11.000] It is included , which is important , in developing economies .
[00:02:11.000 --> 00:02:20.000] 2 . The Russian economy has a great potential for growth , even if it has the largest resources of natural resources in the world .
[00:02:20.000 --> 00:02:29.000] 3 . Oil and natural gas in Russia are produced without so - called quot as , i . e . imposed by the O PE C .
[00:02:29.000 --> 00:02:36.000] It has such great consequences for the entire economy and for our lives that you don 't even suspect it .
[00:02:36.000 --> 00:02:42.000] 4 . Russia is one of three , and recently it was the largest , oil producer in the world .
[00:02:42.000 --> 00:02:48.000] 5 . Russia is the largest exp orter of heavy conventional weapons in the world .
[00:02:48.000 --> 00:02:54.000] And it is about 20 % of all jobs in the industrial sector .
[00:02:54.000 --> 00:03:01.000] The war is not able to harm the Russian industry , because they live from it .
[00:03:01.000 --> 00:03:07.000] Mr . Mar ius z , there are some indicators , for example , the Money . pl portal in mid - A ug ust this year ,
[00:03:07.000 --> 00:03:15.000] which is quite recently , gave information that the Russian currency is weak ening , that the Russian state 's budget deficit is growing and inflation is growing .
[00:03:15.000 --> 00:03:21.000] These are some indicators showing that the economy is not good , it is not doing well .
[00:03:21.000 --> 00:03:28.000] Gaz prom , according to the calculations I saw , has greatly reduced the level of profits it has achieved this year .
[00:03:28.000 --> 00:03:31.000] Isn 't this a result of sanctions ?
[00:03:31.000 --> 00:03:35.000] Would you like the state to have better indicators during the war than without war ?
[00:03:35.000 --> 00:03:44.000] After 2014 , half of the total foreign debt to the reserve currencies fell in Russia .
[00:03:44.000 --> 00:03:53.000] This only showed that the state became less dependent on foreign finance and on the international financial relations .
[00:03:53.000 --> 00:04:01.000] It is one of the last independent countries in Europe from the economic mafia ,
[00:04:01.000 --> 00:04:04.000] which is above the governments , above the law .
[00:04:04.000 --> 00:04:06.000] They tell the governments what to do .
[00:04:06.000 --> 00:04:15.000] So Russia is currently independent and was and is one of the largest economic forces in the world .
[00:04:15.000 --> 00:04:22.000] In addition , 80 % of exports are mineral and wood - based raw materials .
[00:04:22.000 --> 00:04:27.000] Russia has one of the smallest public debt indicators in the world .
[00:04:27.000 --> 00:04:35.000] This means that as one of the few , it can really afford it , it can manage .
[00:04:35.000 --> 00:04:37.000] It has smaller amounts , but it has ...
[00:04:37.000 --> 00:04:39.000] I had a comparison with a neighbor .
[00:04:39.000 --> 00:04:42.000] The neighbor has a nicer car , a nicer house , but everything on credit .
[00:04:42.000 --> 00:04:46.000] In a situation when it is bad , I don 't know , both of you will lose your jobs .
[00:04:46.000 --> 00:04:48.000] Who will have it worse ? Such simple questions for you .
[00:04:48.000 --> 00:04:53.000] Well , the loan will probably be due to the neighbor who has better looking things .
[00:04:53.000 --> 00:04:55.000] This is exactly Russia and the USA .
[00:04:55.000 --> 00:05:00.000] The USA is this rich , in quotation marks , neighbor , who is simply terribly in de bt ed .
[00:05:00.000 --> 00:05:05.000] It 's amazing how Russia is practically economically independent ,
[00:05:05.000 --> 00:05:09.000] that is , it has the money it has and the money it spends , it really has .
[00:05:09.000 --> 00:05:14.000] Well , but maybe the reason for all this is that it was not possible at the very beginning ,
[00:05:14.000 --> 00:05:18.000] from the very beginning , to effectively isolate Russia .
[00:05:18.000 --> 00:05:21.000] There is a whole group of countries that trade with Russia .
[00:05:21.000 --> 00:05:24.000] And maybe that 's why these economic penalties don 't work .
[00:05:24.000 --> 00:05:28.000] You know what , maybe let 's say one word that will change everything .
[00:05:28.000 --> 00:05:30.000] BR IC S .
[00:05:30.000 --> 00:05:38.000] What no one actually says , no one writes , and certainly does not show this in the right scale .
[00:05:38.000 --> 00:05:44.000] This is a new union , only such an international union and a union of real interests .
[00:05:44.000 --> 00:05:49.000] They founded it , Brazil , Russia , India , China and South Africa .
[00:05:49.000 --> 00:05:51.000] Now it has joined a few new countries .
[00:05:51.000 --> 00:05:56.000] We are talking about the fact that these are the countries that are actually producing something .
[00:05:56.000 --> 00:06:01.000] And not only are they intermedi aries , traders , spec ulators ,
[00:06:01.000 --> 00:06:06.000] who pump their gigantic budgets through financial operations ,
[00:06:06.000 --> 00:06:08.000] that is , operations on a computer , in short .
[00:06:08.000 --> 00:06:12.000] There is nothing there that would really stand behind it , behind this power .
[00:06:12.000 --> 00:06:16.000] Probably a new currency will be created soon , which you probably don 't know yet ,
[00:06:16.000 --> 00:06:18.000] but if you find out it will be too late .
[00:06:18.000 --> 00:06:23.000] Soon the dollar will cease to be , it is already ce asing to be the most important currency in the world .
[00:06:23.000 --> 00:06:27.000] Russia has prepared well for the war , ladies and gentlemen .
[00:06:27.000 --> 00:06:30.000] They have gigantic foreign exchange reserves .
[00:06:30.000 --> 00:06:36.000] Russia has 2 , 300 tons of gold , officially , I assume they have much more .
[00:06:36.000 --> 00:06:43.000] Let 's add to this , ladies and gentlemen , the g ig antic political and business infl u ences in Africa .
[00:06:43.000 --> 00:06:47.000] Do you remember this P ry gor zy n 's death , his death recently and so on ?
[00:06:47.000 --> 00:06:49.000] This is much , much more , much deeper .
[00:06:49.000 --> 00:06:54.000] Among other things , it is about gigantic amounts in Africa ,
[00:06:54.000 --> 00:07:01.000] among other things , in various types of mines , ref iner ies , where P ry gor zy n , through his companies ,
[00:07:01.000 --> 00:07:07.000] had several dozen percent of the shares giving him billion - dollar revenues .
[00:07:07.000 --> 00:07:11.000] Now , of course , people are taking over Putin and not only that ,
[00:07:11.000 --> 00:07:17.000] they are rapidly expanding their influence on subsequent countries
[00:07:17.000 --> 00:07:21.000] and those in which they had a share and influence are still increasing them .
[00:07:21.000 --> 00:07:26.000] Africa is one of the richest continents when it comes to resources .
[00:07:26.000 --> 00:07:31.000] Russia is gaining , increasing its power , increasing its military strength .
[00:07:31.000 --> 00:07:36.000] Similarly , since the outbreak of the war , Russia 's forces have not diminished , they have increased rapidly .
[00:07:36.000 --> 00:07:40.000] The amount of military equipment has not decreased , it has increased .
[00:07:40.000 --> 00:07:43.000] That 's why I say , it 's terrifying when I look at these media reports
[00:07:43.000 --> 00:07:47.000] and how many people are being fooled .
[00:07:47.000 --> 00:07:52.000] Mr . Mat ius z , I invite you to a moment of break . We will continue our conversation in a moment .
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[00:08:24.000 --> 00:08:26.000] What is played , Mr . Mat ius z ?
[00:08:26.000 --> 00:08:31.000] Mr . Mat ius z is Mar ius z Stef ani ak , financial economist , president of the " W i ? cej M ?d ro ?ci " foundation
[00:08:31.000 --> 00:08:37.000] and our weekly guest , with whom we are talking today about the economic consequences of the war for Russia .
[00:08:37.000 --> 00:08:39.000] I would like to give a local example .
[00:08:39.000 --> 00:08:46.000] In my city , for 100 years , there has been a company , not a large one , employ ing less than 100 people , but stable .
[00:08:46.000 --> 00:08:51.000] It produced valves , was bought by a larger company that had several plants
[00:08:51.000 --> 00:08:55.000] and one of the other plants of this company exported to Russia .
[00:08:55.000 --> 00:09:00.000] After the war , it lost these markets , it qualified for closure .
[00:09:00.000 --> 00:09:04.000] It was easier for the company to liquid ate the peripheral plant , somewhere remote ,
[00:09:04.000 --> 00:09:06.000] move its production to its headquarters .
[00:09:06.000 --> 00:09:09.000] The effect is that 100 people have nowhere to work .
[00:09:09.000 --> 00:09:17.000] Do you know any example of a Russian company that fell because of economic sanctions , because of the war in Ukraine ?
[00:09:17.000 --> 00:09:22.000] I know a lot of examples that have fallen , for example , L ada ,
[00:09:22.000 --> 00:09:29.000] because Russia does not produce too many specialized , advanced sub - un its , mainly mechanical or electronic .
[00:09:29.000 --> 00:09:31.000] Anyway , China has a similar problem .
[00:09:31.000 --> 00:09:38.000] However , it is not Russia that is lost in all these sanctions and all this war , but Europe and the USA .
[00:09:38.000 --> 00:09:44.000] Let us remind you that 46 out of 60 foreign producers in Russia have disappeared .
[00:09:44.000 --> 00:09:53.000] For example , Rena ult , a well - known company , has recently invested over 2 billion euros and gave it for 1 ru ble .
[00:09:53.000 --> 00:09:56.000] These are the times , and they say how weak the ru ble is .
[00:09:56.000 --> 00:10:01.000] You see , you can buy a 2 - b illion - dollar investment with 1 ru ble , the whole modern factory .
[00:10:01.000 --> 00:10:07.000] Chinese enter the market en masse , but there is a gap in Western companies .
[00:10:07.000 --> 00:10:15.000] As you say , a lot of companies in the EU are falling , because they were gaining a lot of money in trade with Russia ,
[00:10:15.000 --> 00:10:18.000] which was very profitable for us , let 's add .
[00:10:18.000 --> 00:10:20.000] What is all this for ?
[00:10:20.000 --> 00:10:22.000] Russian export is based on coal and coal .
[00:10:22.000 --> 00:10:25.000] The export ban was to be introduced on coal ,
[00:10:25.000 --> 00:10:30.000] meanwhile , Western countries introduced something else - the maximum price .
[00:10:30.000 --> 00:10:33.000] They pay up to $ 60 for a barrel of coal from Russia ,
[00:10:33.000 --> 00:10:37.000] and they even say that they want to lower the price to lower Russian profits .
[00:10:37.000 --> 00:10:40.000] Is this a better solution than a complete stop of trade ?
[00:10:40.000 --> 00:10:44.000] Each of these solutions is idiot ic in the economic sense .
[00:10:44.000 --> 00:10:50.000] EU citizens are currently paying high prices for fuel in the name of some ideology ,
[00:10:50.000 --> 00:10:54.000] when business is currently making record profits .
[00:10:54.000 --> 00:11:00.000] Fuel from this evil Putin is still flowing to us , for example , through the Czech Republic , the famous last affair .
[00:11:00.000 --> 00:11:05.000] Before we start to boast about the Czech Republic , let us remind you that the Ukrain ians themselves ,
[00:11:05.000 --> 00:11:07.000] even from the closest surrounding of the Soviet Union ,
[00:11:07.000 --> 00:11:12.000] traded in mass with Putin 's coal , just like the ol ig arch s Ukrain ians .
[00:11:12.000 --> 00:11:17.000] So , without exagger ation , others can also , since Ukrain ians have no problem with it .
[00:11:17.000 --> 00:11:19.000] But I will quote something better .
[00:11:19.000 --> 00:11:21.000] The title of the Polish Republic .
[00:11:21.000 --> 00:11:26.000] Ukrainian tanks are powered by Russian coal .
[00:11:26.000 --> 00:11:34.000] The Russian and Belarus ian coal - f ired power plants have been at the forefront of Ukrainian fuel structures for years .
[00:11:34.000 --> 00:11:43.000] The total share is estimated at 70 - 80 %, that is , almost everyone travels to Russian Europe , to Ukraine .
[00:11:43.000 --> 00:11:45.000] We are here , holy from the Pope , sir .
[00:11:45.000 --> 00:11:49.000] We get rid of cheap and good fuels , Ukrain ians have no problem with it .
[00:11:49.000 --> 00:11:53.000] We are making historical profits of intermedi aries and we are adding companies from the USA ,
[00:11:53.000 --> 00:11:57.000] because they have been experiencing the biggest sl ump for many years .
[00:11:57.000 --> 00:12:02.000] Now , do you remember how at the beginning I said that Russia was once the biggest producer ?
[00:12:02.000 --> 00:12:04.000] Now it is the USA , sir .
[00:12:04.000 --> 00:12:06.000] Unfortunately , I 'm not kidding .
[00:12:06.000 --> 00:12:09.000] Or maybe that 's why we have this war .
[00:12:09.000 --> 00:12:18.000] Because a few items from the fuel - mil itary team are getting g ig antic , let 's add American items .
[00:12:18.000 --> 00:12:27.000] One of the elements of the sanctions was the cut off of Russia from the transfer of the highest technologies ,
[00:12:27.000 --> 00:12:31.000] modern devices , and this was supposed to bring the country back into development ,
[00:12:31.000 --> 00:12:35.000] even affect the reduction of their defensive or military capabilities .
[00:12:35.000 --> 00:12:39.000] How do you assess the effects of this kind of restrictions ?
[00:12:39.000 --> 00:12:44.000] It reminds me of everything I 've heard so far about this conflict .
[00:12:44.000 --> 00:12:48.000] At the beginning we were told that Russia was losing from the beginning ,
[00:12:48.000 --> 00:12:51.000] then we were told that the economy was breaking down ,
[00:12:51.000 --> 00:12:55.000] and then you said " let 's wait a few months , it will fall down soon ".
[00:12:55.000 --> 00:13:01.000] Now I 'm telling you the third story , because the first two turned out to be completely unt rue .
[00:13:01.000 --> 00:13:04.000] But what is happening at this time , sir ? What do people forget ?
[00:13:04.000 --> 00:13:09.000] Hundreds of billions of dollars are flowing into Ukraine .
[00:13:09.000 --> 00:13:14.000] Someone is making this money , sir . Someone is getting this money .
[00:13:14.000 --> 00:13:19.000] Zel ens ki was in the USA and Canada , where he was applauding the Ukrainian Nazis .
[00:13:19.000 --> 00:13:21.000] What happened there ?
[00:13:21.000 --> 00:13:25.000] Zel ens ki said to the Americans ,
[00:13:25.000 --> 00:13:33.000] " Give me 120 billion dollars , so it doesn 't get worse , because I don 't even promise it will get better ,
[00:13:33.000 --> 00:13:41.000] but to keep the status quo , what it is . How many more years will we put together these hundreds of billions of dollars ,
[00:13:41.000 --> 00:13:45.000] so that Russia has what it has already taken so long ago ?
[00:13:45.000 --> 00:13:48.000] What sense does that make ?
[00:13:48.000 --> 00:13:53.000] Remember the magical word BR IC S , where we are talking about very serious countries ,
[00:13:53.000 --> 00:13:57.000] like India , or huge ones like Brazil , or at least China ,
[00:13:57.000 --> 00:14:04.000] which have signed a very close economic and political cooperation with Russia .
[00:14:04.000 --> 00:14:08.000] And suddenly you want to say , " We are the ones who are taking all these countries under sanctions .
[00:14:08.000 --> 00:14:13.000] We didn 't even manage to do it with stupid oil , because it 's being sold by Hungary , Czech Republic , etc .
[00:14:13.000 --> 00:14:20.000] Of course , we don 't buy it . Let this oil be sold , but we are publicly condem ning Putin and his evil oil .
[00:14:20.000 --> 00:14:23.000] But send us the guys , okay ?
[00:14:23.000 --> 00:14:32.000] Mr . Mar ius z , let me tell you one more thing , how these economic sanctions and war have affected the average citizen ,
[00:14:32.000 --> 00:14:34.000] the average Russian .
[00:14:34.000 --> 00:14:40.000] A year ago , we saw pictures of well - known restaurants , networks , McDonald 's , Starbucks , withdraw ing from Moscow .
[00:14:40.000 --> 00:14:47.000] We know that they certainly can 't afford to buy an American hamburger or drink the famous coffee .
[00:14:47.000 --> 00:14:50.000] But did their standard of living seriously decrease ?
[00:14:50.000 --> 00:14:56.000] If I were to name two types of sanctions that have really , brutally affected Russia ,
[00:14:56.000 --> 00:15:01.000] it would be the disappearance of McDonald 's and the ban ning of several social media .
[00:15:01.000 --> 00:15:04.000] It seems that social media have replaced their own .
[00:15:04.000 --> 00:15:09.000] Of course , yes , but I 'm talking about the fact that it really affected Russians .
[00:15:09.000 --> 00:15:17.000] In fact , it only worked out for them , and I 'll be honest , I 'm starting to see reports where it turns out to have only good effects .
[00:15:17.000 --> 00:15:27.000] Because the pictures of Facebook or some other weird , controlled , and as it turns out after the US Congress ,
[00:15:27.000 --> 00:15:36.000] by very strange individuals , in a very strange and un know n method , for example , by ost ent at ious manipulation of reality ,
[00:15:36.000 --> 00:15:42.000] through Twitter , Facebook , and a lot of other applications ,
[00:15:42.000 --> 00:15:47.000] the American community was deliberately lied to .
[00:15:47.000 --> 00:15:49.000] The Americans are terribly pissed off by this , please believe me .
[00:15:49.000 --> 00:15:51.000] It really hurt them .
[00:15:51.000 --> 00:15:53.000] It was taken away from the Russians .
[00:15:53.000 --> 00:15:57.000] The punishment for Russia is that we will take this harmful tool from you ,
[00:15:57.000 --> 00:16:03.000] which fools you , which manip ulates you , which steals your data , and puts you at risk of various attacks by hackers ,
[00:16:03.000 --> 00:16:05.000] because that 's how it ended .
[00:16:05.000 --> 00:16:08.000] We got rid of McDonald 's ? Wow , what a punishment .
[00:16:08.000 --> 00:16:11.000] Well , they just crushed Russia .
[00:16:11.000 --> 00:16:18.000] Of course , the Russians got used to it , because it 's convenient , fast , but let 's not be fooled , it 's very unhealthy .
[00:16:18.000 --> 00:16:26.000] I 'd like Poland to ban all these Western social media , ban McDonald 's , all this mass - produ ced food .
[00:16:26.000 --> 00:16:30.000] Russia will soon have one of the best food in the world .
[00:16:30.000 --> 00:16:34.000] What is supposed to punish Russia , really strength ens and rewards them .
[00:16:34.000 --> 00:16:36.000] Mr . Mar ius z , the second break is ahead of us .
[00:16:36.000 --> 00:16:38.000] We 'll get back to the topic .
[00:16:38.000 --> 00:16:41.000] Don 't miss our next episode .
[00:16:41.000 --> 00:16:43.000] P ARR OT TV
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[00:17:12.000 --> 00:17:14.000] What 's the score , Mr . Mar ius z ?
[00:17:14.000 --> 00:17:16.000] Mar ius z Stef ani ak , economist , financi er .
[00:17:16.000 --> 00:17:23.000] Today we 're talking about Russia , a year and a half after the start of the full - scale war , so - called full - scale war in Ukraine .
[00:17:23.000 --> 00:17:28.000] Everyone expects that because of the economic collapse ,
[00:17:28.000 --> 00:17:35.000] this country and its authorities will be more inclined to create a quick and unf avor able peace for themselves .
[00:17:35.000 --> 00:17:41.000] Well , if the sanctions don 't work , if the economic situation in Russia doesn 't get worse ,
[00:17:41.000 --> 00:17:46.000] then the prospect of peace in Ukraine will also be lost .
[00:17:46.000 --> 00:17:49.000] I 'd even say that it doesn 't exist .
[00:17:49.000 --> 00:17:56.000] Currently , Russia has zero motivation to create any peace in any part of Ukraine ,
[00:17:56.000 --> 00:17:59.000] except for the conditions it dict ates .
[00:17:59.000 --> 00:18:07.000] Actually , I would expect the collapse in the USA much faster than in Russia , as a result of this war .
[00:18:07.000 --> 00:18:12.000] The USA is incredibly in debt . Russia practically in no way .
[00:18:12.000 --> 00:18:16.000] The USA has a vision of a dollar falling from the position of the leading currency ,
[00:18:16.000 --> 00:18:25.000] and Russia has a vision of strengthening and exporting its currency , whatever it is , to the international arena .
[00:18:25.000 --> 00:18:28.000] The USA has a gigantic internal conflict .
[00:18:28.000 --> 00:18:32.000] I 'll be honest , what 's going on is the state of internal war .
[00:18:32.000 --> 00:18:38.000] I can practically see some American comment ators talking about a new se cession war .
[00:18:38.000 --> 00:18:43.000] One that we divide into left and right wing .
[00:18:43.000 --> 00:18:49.000] Not only that , the USA and the EU are facing a million - strong mig ran t crisis ,
[00:18:49.000 --> 00:18:55.000] which means they 're not going to work , but to get some supplies to attack and rob .
[00:18:55.000 --> 00:19:01.000] Let 's put it all together and I think we 'll see the collapse of the USA and the end of the EU much faster .
[00:19:01.000 --> 00:19:06.000] I 'm not a big fan of Russia , I 've never been there , to no extent .
[00:19:06.000 --> 00:19:10.000] The facts are cr umb ly un amb iguous .
[00:19:10.000 --> 00:19:13.000] I can only see two scenarios , ladies and gentlemen .
[00:19:13.000 --> 00:19:21.000] The collapse of the USA from the position of the leader on the world economic , political and military scene ,
[00:19:21.000 --> 00:19:27.000] and the complete end of the EU , because in my opinion that would be un pr ote ct ed .
[00:19:27.000 --> 00:19:35.000] Or the global war as the only way to reverse the first danger .
[00:19:35.000 --> 00:19:39.000] We 've talked about the various effects of war and the economic situation ,
[00:19:39.000 --> 00:19:41.000] and there 's also the demographic effect .
[00:19:41.000 --> 00:19:45.000] We know that tens of thousands of young people are dying on the front .
[00:19:45.000 --> 00:19:49.000] In addition , hundreds of thousands of people are being called to the army in Russia .
[00:19:49.000 --> 00:19:55.000] This must somehow reflect on their situation , because they 're said to be running out of work .
[00:19:55.000 --> 00:20:02.000] Won 't they be forced to let the wave of em igration in to fill in the gaps ?
[00:20:02.000 --> 00:20:09.000] You know what ? I don 't know if they 'll be forced , but I know a few things for sure .
[00:20:09.000 --> 00:20:17.000] For example , they have Chinese neighbors who close another gigantic Western factories by accident .
[00:20:17.000 --> 00:20:21.000] And maybe it can be done with one move .
[00:20:21.000 --> 00:20:26.000] As the English proverb says , " a killing of two birds with one stone ".
[00:20:26.000 --> 00:20:31.000] Please note that Ukraine has no problem with the population .
[00:20:31.000 --> 00:20:38.000] So taking over Ukraine is one move to solve the Russian problem with the population .
[00:20:38.000 --> 00:20:41.000] And in fact , the cultures are close , the language is close .
[00:20:41.000 --> 00:20:45.000] Pract ically , the Russians always say that the Ukrain ians are our brothers .
[00:20:45.000 --> 00:20:48.000] They have no problem with Ukraine , there is no hatred for the Ukrain ians .
[00:20:48.000 --> 00:20:53.000] It may turn out that one of the effects of what is happening today ,
[00:20:53.000 --> 00:21:00.000] will be , for example , the union of the EU or even the take over of Ukraine by Russia .
[00:21:00.000 --> 00:21:02.000] It seems possible .
[00:21:02.000 --> 00:21:07.000] I 'm not saying it will be , because I have no idea from a military or political point of view .
[00:21:07.000 --> 00:21:11.000] But economically , I see that it would be very beneficial and very logical .
[00:21:11.000 --> 00:21:15.000] To sum up our hearing , I will ask you the last question .
[00:21:15.000 --> 00:21:22.000] Why did the economy of the post - S ov iet country turn out to be so resistant to foreign sanctions ?
[00:21:22.000 --> 00:21:28.000] Is the key here not in the fact that for decades it was an absolutely controlled economy ,
[00:21:28.000 --> 00:21:33.000] centr ally tasked , isolated from the whole world ?
[00:21:33.000 --> 00:21:35.000] I see two reasons .
[00:21:35.000 --> 00:21:40.000] The fact that they have been preparing for this method ically for many years .
[00:21:40.000 --> 00:21:47.000] For example , the liquid ation of foreign debts , the construction of reserves , we talked about the tons of gold .
[00:21:47.000 --> 00:21:51.000] This is just a hard work for the Russians for many years .
[00:21:51.000 --> 00:21:57.000] Another thread , this is , as the only positive in communist ideology ,
[00:21:57.000 --> 00:22:01.000] is that they wanted to be independent from the so - called capital ists .
[00:22:01.000 --> 00:22:07.000] For the Russians , this is completely logical , understandable and in fact , okay , of course , it makes sense .
[00:22:07.000 --> 00:22:10.000] We are independent from the capital ists , well , that 's cool .
[00:22:10.000 --> 00:22:14.000] If we were told that , we would immediately re be l , probably sens ibly .
[00:22:14.000 --> 00:22:20.000] Well , how , why should we cut off from cool things , cool goods , cool programs , etc .
[00:22:20.000 --> 00:22:22.000] Why not , absolutely not .
[00:22:22.000 --> 00:22:27.000] The Russians have an ideological under st anding , a very strong under st anding ,
[00:22:27.000 --> 00:22:31.000] that 's why they are able to endure , as you said , those McDonald 's , Starbucks , etc .
[00:22:31.000 --> 00:22:35.000] Of course , it 's not cool for the Russians , and the Russians are not happy about this war ,
[00:22:35.000 --> 00:22:41.000] they certainly are not happy , but they are not unhappy , and this is the most important thing in all of this .
[00:22:41.000 --> 00:22:45.000] The Russians do not suffer because of this war , not because there are no consequences ,
[00:22:45.000 --> 00:22:51.000] but because they do not have this mechanism of suffering for this reason .
[00:22:51.000 --> 00:22:55.000] Because in fact , they understand that this is how it should be and this is better for them ,
[00:22:55.000 --> 00:22:57.000] even if I say ide ologically .
[00:22:57.000 --> 00:23:03.000] Most Russians live on a very basic level , a very simple level .
[00:23:03.000 --> 00:23:07.000] That 's why most of all possible sanctions , the creation of companies , block ades ,
[00:23:07.000 --> 00:23:10.000] it is not possible to touch them .
[00:23:10.000 --> 00:23:16.000] It can only be a small inconven ience for them , a smaller or greater inconven ience .
[00:23:16.000 --> 00:23:19.000] This is all that can be done by Russia , currently .
[00:23:19.000 --> 00:23:25.000] Mr . Mar ius z , we will see the future soon , maybe not in the long term , but everything is ahead of us .
[00:23:25.000 --> 00:23:30.000] Thank you very much for today 's hearing , the guest was Mar ius z Stef ani ak , an economist , a financi er .
[00:23:30.000 --> 00:23:33.000] The program was led by Kr z ysz to f Stra uch man . See you next week .
[00:23:33.000 --> 00:23:45.000] Other radio stations - in G ? uch o ? az y and the vicinity - 105 . 2 .
[00:23:45.000 --> 00:23:47.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the score , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:15.000] What 's the score , Mr . Mar ius z ? Mr . Mar ius z is Mar ius z Stef ani ak ,
[00:00:15.000 --> 00:00:21.000] an economist , a finan c ial expert , our expert and the president of the Foundation " More Wis dom ".
[00:00:21.000 --> 00:00:26.000] I was surprised , Mr . Mar ius z , when I was reading the latest information from China and , to be honest ,
[00:00:26.000 --> 00:00:29.000] I don 't understand what 's going on in China .
[00:00:29.000 --> 00:00:31.000] It 's about the Ever grand e company situation .
[00:00:31.000 --> 00:00:35.000] It 's a global giant , it 's huge , but it 's in a big mess .
[00:00:35.000 --> 00:00:38.000] It 's in danger of bankruptcy , it 's in debt .
[00:00:38.000 --> 00:00:43.000] And suddenly , this company , after a long period of absence , returns to the Hong Kong stock exchange
[00:00:43.000 --> 00:00:46.000] and in one day its shares grow by 20 %.
[00:00:46.000 --> 00:00:51.000] According to logic , if someone is in danger of bankruptcy , his shares should go .
[00:00:51.000 --> 00:00:55.000] I would like to get rid of such shares as soon as possible before they fall to zero .
[00:00:55.000 --> 00:00:57.000] Meanwhile , it was the other way around here .
[00:00:57.000 --> 00:00:58.000] What 's the score ?
[00:00:58.000 --> 00:01:00.000] Interesting question and very valid .
[00:01:00.000 --> 00:01:05.000] As you mentioned , it is the most de bt ed de vel oper company in the world
[00:01:05.000 --> 00:01:09.000] and one of the 500 largest companies in the world at the same time .
[00:01:09.000 --> 00:01:11.000] By logic , you are right .
[00:01:11.000 --> 00:01:15.000] Unfortunately , it should be remembered that China is a communist country
[00:01:15.000 --> 00:01:21.000] and everything there is only worth it with communist economic logic .
[00:01:21.000 --> 00:01:24.000] Construction in China accounts for almost one third of the Chinese GDP .
[00:01:24.000 --> 00:01:28.000] The Chinese government has found a way to level its internal debts
[00:01:28.000 --> 00:01:30.000] and at the same time withdraw money from the Chinese
[00:01:30.000 --> 00:01:35.000] in a brilliant ly de cept ive scheme of building unnecessary apartments
[00:01:35.000 --> 00:01:38.000] which , by the way , will never be used .
[00:01:38.000 --> 00:01:43.000] And at such absurd ly high prices that the Chinese are in debt
[00:01:43.000 --> 00:01:46.000] because they can 't afford to buy a new apartment .
[00:01:46.000 --> 00:01:52.000] I would like to remind you that in China , in order to have any big and profitable business
[00:01:52.000 --> 00:01:55.000] you must have knowledge of the authorities .
[00:01:55.000 --> 00:01:59.000] In China , the land belongs to the state and no one else .
[00:01:59.000 --> 00:02:02.000] It is actually impossible to buy land for your own .
[00:02:02.000 --> 00:02:05.000] You can not only rent it for 70 years ,
[00:02:05.000 --> 00:02:08.000] something like our age - old country , but much worse .
[00:02:08.000 --> 00:02:11.000] Then the government will take this land from you
[00:02:11.000 --> 00:02:15.000] and sell it to another developer again , and so on .
[00:02:15.000 --> 00:02:18.000] Of course , let 's add that developers know all about it perfectly
[00:02:18.000 --> 00:02:23.000] and build as badly and cheap ly as possible .
[00:02:23.000 --> 00:02:30.000] It comes to the point that new blocks literally fall apart when they are given .
[00:02:30.000 --> 00:02:36.000] All elev ations , ce il ings , balcon ies , and walls can be broken with a finger ,
[00:02:36.000 --> 00:02:39.000] not even being a Chinese Kung Fu master .
[00:02:39.000 --> 00:02:45.000] The government 's profits from the purchases of developers ' offices are really astronomical .
[00:02:45.000 --> 00:02:48.000] According to my well - known estimates ,
[00:02:48.000 --> 00:02:53.000] so many unnecessary apartments were built in this whole scam scheme
[00:02:53.000 --> 00:02:56.000] that it would be enough for 3 billion people .
[00:02:56.000 --> 00:03:00.000] We are talking about additional apartments for 3 billion people .
[00:03:00.000 --> 00:03:03.000] And the whole of China has 1 . 4 billion , now more or less .
[00:03:03.000 --> 00:03:07.000] Two times such China would fit in what has already been built .
[00:03:07.000 --> 00:03:10.000] It sounds probably as brilliant as selling ice cream with Es k imos
[00:03:10.000 --> 00:03:13.000] and at high prices . And that 's exactly how it is .
[00:03:13.000 --> 00:03:16.000] And of course , the whole scheme works to a certain extent .
[00:03:16.000 --> 00:03:18.000] Like any lie .
[00:03:18.000 --> 00:03:22.000] Who buys apartments that are in poor technical condition at the beginning ,
[00:03:22.000 --> 00:03:25.000] in 70 years they will have to be demol ished ,
[00:03:25.000 --> 00:03:29.000] and there are too many of them , it should cause , with normal market mechanisms ,
[00:03:29.000 --> 00:03:31.000] that these apartments will be very cheap .
[00:03:31.000 --> 00:03:32.000] Yes , you are right .
[00:03:32.000 --> 00:03:36.000] But it 's not like that , because these are communist China , I remind you .
[00:03:36.000 --> 00:03:38.000] Why do people do it ?
[00:03:38.000 --> 00:03:40.000] Because it is the smartest thing they can do .
[00:03:40.000 --> 00:03:44.000] Because in China you can 't save money in any other way ,
[00:03:44.000 --> 00:03:48.000] invest money , and part of Chinese culture is that
[00:03:48.000 --> 00:03:52.000] you have to have an apartment , especially if you want to marry a Chinese woman .
[00:03:52.000 --> 00:03:57.000] You understand that the whole mentality of Chinese culture is involved in this .
[00:03:57.000 --> 00:04:00.000] The Chinese spec ulated on apartments on a gigantic scale ,
[00:04:00.000 --> 00:04:03.000] buying something they didn 't need , for money they don 't have ,
[00:04:03.000 --> 00:04:06.000] in order to sell with a profit that is astronomical
[00:04:06.000 --> 00:04:10.000] and buy more apartments , it 's exactly a finan ced pyramid .
[00:04:10.000 --> 00:04:12.000] A developer 's finan ced pyramid .
[00:04:12.000 --> 00:04:15.000] Why in this case , all of this didn 't fall , didn 't collapse ?
[00:04:15.000 --> 00:04:19.000] It wouldn 't be avoided in any normal country .
[00:04:19.000 --> 00:04:22.000] The most important word in China , I don 't know if you remember ,
[00:04:22.000 --> 00:04:24.000] I once explained to you what is the most important word in China .
[00:04:24.000 --> 00:04:27.000] Please forgive my short memory , I forgot .
[00:04:27.000 --> 00:04:29.000] Face . M aint aining a face .
[00:04:29.000 --> 00:04:33.000] Both on a social , economic and political level .
[00:04:33.000 --> 00:04:36.000] It 's such a big part of the economy , and the Chinese government can 't say
[00:04:36.000 --> 00:04:41.000] " Yes , we are indeed fraud ulent idiots , the whole economy is a joke ,
[00:04:41.000 --> 00:04:43.000] and it all didn 't make sense , that 's why it 's falling ."
[00:04:43.000 --> 00:04:44.000] No .
[00:04:44.000 --> 00:04:48.000] They have to have a method of getting out with a face , no matter what the facts are .
[00:04:48.000 --> 00:04:50.000] That 's why you see what 's happening ,
[00:04:50.000 --> 00:04:55.000] and that 's why the Chinese government holds everything very tightly
[00:04:55.000 --> 00:04:58.000] and can manipulate data as it wants .
[00:04:58.000 --> 00:05:01.000] To sum up , I will say that I may buy these shares myself ,
[00:05:01.000 --> 00:05:03.000] if they are still reasonably cheap ,
[00:05:03.000 --> 00:05:08.000] because even though the stock market price has fallen by 99 % since July 2020 ,
[00:05:08.000 --> 00:05:12.000] the government may cause it to rise again in a moment , if it wants to .
[00:05:12.000 --> 00:05:15.000] Mr . Mar ys z u , but in a normal country , in a normal situation ,
[00:05:15.000 --> 00:05:20.000] the stock exchanges have to publish information about their situation very carefully ,
[00:05:20.000 --> 00:05:25.000] so that investors , shareholders , can decide whether to buy or sell .
[00:05:25.000 --> 00:05:27.000] Does it not work like that in China ?
[00:05:27.000 --> 00:05:29.000] It doesn 't work like that at all .
[00:05:29.000 --> 00:05:34.000] Ever grand e , as I said , is the most de bt ed development company in the world ,
[00:05:34.000 --> 00:05:41.000] and in the last two years alone , it has lost around 80 billion dollars .
[00:05:41.000 --> 00:05:43.000] It doesn 't matter , really .
[00:05:43.000 --> 00:05:47.000] The numbers don 't matter , because another thing is really important .
[00:05:47.000 --> 00:05:53.000] It 's a company that is , in fact , a part of the Chinese government .
[00:05:53.000 --> 00:05:55.000] You have to remember that .
[00:05:55.000 --> 00:05:59.000] As long as the Chinese government is in power ,
[00:05:59.000 --> 00:06:03.000] these companies will also operate if the Chinese government decides so .
[00:06:03.000 --> 00:06:06.000] And no prices have any impact on that .
[00:06:06.000 --> 00:06:09.000] They can suddenly get any contracts , any financing ,
[00:06:09.000 --> 00:06:14.000] any t hing can happen , because it 's the Chinese government that controls it , not the economy .
[00:06:14.000 --> 00:06:16.000] Mr . Mar ys zu , please , a moment of break .
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[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the news , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear again ?
[00:00:12.000 --> 00:00:16.000] Mar ius z Stef ani ak , economist , financial officer , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:00:16.000 --> 00:00:21.000] Today we are talking about the international situation , about what is currently happening in Israel and Palestine .
[00:00:21.000 --> 00:00:26.000] Mr . Mar ius z , there are such moments in history that even the economy goes down to the background .
[00:00:26.000 --> 00:00:33.000] I would like to offer you a conversation about what is happening in Israel and Palestine , about the drama that is happening there .
[00:00:33.000 --> 00:00:37.000] For decades , it has been one of the hottest places on earth .
[00:00:37.000 --> 00:00:45.000] D iff ere nt interests meet , Jews , Arabs , full of dramas , human f ates , whatever is happening now .
[00:00:45.000 --> 00:00:55.000] However , our knowledge of the region is often very superficial and refers to what we repeat , to such running slog ans , to opinions that have been repeated many times .
[00:00:55.000 --> 00:01:02.000] One of such opinions is quite often repeated , the idea that Shin Bet , i . e . the Israeli internal intelligence ,
[00:01:02.000 --> 00:01:07.000] and Moss ad , i . e . foreign intelligence , are the best intelligence services in the world .
[00:01:07.000 --> 00:01:15.000] Meanwhile , these services , which we have seen recently , did not prevent the attack of thousands of terrorists ,
[00:01:15.000 --> 00:01:20.000] fighters in Israel , the massacre of the civilian population .
[00:01:20.000 --> 00:01:24.000] Should the intelligence know about such an operation ? Could it have prevented it ?
[00:01:24.000 --> 00:01:29.000] I admit that I am not a specialist in military affairs , especially in inter vie ws ,
[00:01:29.000 --> 00:01:36.000] but I have found that military secrets are often more connected with the economy and finances than someone might think .
[00:01:36.000 --> 00:01:44.000] Here , I have also met analysts who believe that such a big oversight cannot be a coincidence .
[00:01:44.000 --> 00:01:55.000] This is perhaps an element of internal str uggle , for example , for power , because Net any ahu does not enjoy the same este em as most people think .
[00:01:55.000 --> 00:02:00.000] There are also concepts that the government , although it knew about the planned attacks ,
[00:02:00.000 --> 00:02:09.000] it purpose fully did not take any action to have a reason for the obvious destruction of something that has been a big problem for them for years .
[00:02:09.000 --> 00:02:15.000] Israel has been w aging wars with its neighbors , with Arab countries , for 70 years ,
[00:02:15.000 --> 00:02:20.000] and the Palestinian autonomy , which it finally agreed to , is not even a state .
[00:02:20.000 --> 00:02:24.000] Ham as is not an official army , it is actually a terrorist organization .
[00:02:24.000 --> 00:02:32.000] What political goals do they set for Ham as in taking such a very loud and very drastic attack ,
[00:02:32.000 --> 00:02:37.000] which ended in a real massacre with many victims , on both sides , anyway .
[00:02:37.000 --> 00:02:45.000] And probably in the final balance , when this war is over , it will turn out that there will be more victims on the Palestinian side .
[00:02:45.000 --> 00:02:46.000] What do they need it for ?
[00:02:46.000 --> 00:02:51.000] Let 's note that Ham as is not just some ordinary combat units .
[00:02:51.000 --> 00:03:00.000] It is part of the larger forces of Islamic fighters called muj ah ide en , literally fighters .
[00:03:00.000 --> 00:03:12.000] I will not take a few minutes to explain to you the complexity of the ties , competition , conflicts between many Muslim forces .
[00:03:12.000 --> 00:03:18.000] I will just say that so far Ham as has received money from Israel itself ,
[00:03:18.000 --> 00:03:25.000] and it was probably recognized by it as the only Palestinian organization .
[00:03:25.000 --> 00:03:30.000] And by its allies it was considered as a co - coll abor ator .
[00:03:30.000 --> 00:03:40.000] With this act , I understand that it cuts off from this , and thus it gets a chance to finance from rich she ikh s .
[00:03:40.000 --> 00:03:44.000] The Islamic world is also divided into poor and rich .
[00:03:44.000 --> 00:03:49.000] Only that they have such a unique method , it is called zak at ,
[00:03:49.000 --> 00:03:58.000] and it is a pr act ically a mus lim co - ord ination to give up the property of every Muslim .
[00:03:58.000 --> 00:04:07.000] In this way , the rich she ikh s pay the units of the suicide fighters to secure their luxurious life .
[00:04:07.000 --> 00:04:12.000] And on the occasion to calm the poor , by hiding from the overthrow of their governments .
[00:04:12.000 --> 00:04:19.000] It is a fairly complex system of economic ties and completely unint uitive for the West .
[00:04:19.000 --> 00:04:22.000] So what , Ham as just took care of money attacking Israel ?
[00:04:22.000 --> 00:04:30.000] This is obvious . Do you remember our broadcast where we talk about what is needed to wage war ?
[00:04:30.000 --> 00:04:34.000] Money , money and money . Ham as is no exception here .
[00:04:34.000 --> 00:04:40.000] They also need money . Israel has long since stopped giving them because they have radical ized .
[00:04:40.000 --> 00:04:42.000] So this is quite obvious .
[00:04:42.000 --> 00:04:48.000] Mr . Mar ius z , but the disproportion of forces is so great . Israel really has a perfect army .
[00:04:48.000 --> 00:04:53.000] It can summon 300 , 000 people in a country that has several million citizens .
[00:04:53.000 --> 00:04:56.000] They have perfect military technology .
[00:04:56.000 --> 00:05:02.000] In armed conflicts with Arab countries , it has always decided to make sharp moves ,
[00:05:02.000 --> 00:05:07.000] to a determined attitude to defend its territory and its citizens .
[00:05:07.000 --> 00:05:12.000] How could it be expected that such an opponent could win with such a country ?
[00:05:12.000 --> 00:05:17.000] They did not go to win . They went to die .
[00:05:17.000 --> 00:05:22.000] By sending thousands of fighters to conquer the whole country ,
[00:05:22.000 --> 00:05:26.000] as it is written in their assumptions that every citizen is a soldier ,
[00:05:26.000 --> 00:05:30.000] they predicted that those who were sent would die .
[00:05:30.000 --> 00:05:33.000] So they went to die .
[00:05:33.000 --> 00:05:34.000] Die and kill .
[00:05:34.000 --> 00:05:40.000] Yes , because this is the biggest possible gain for them .
[00:05:40.000 --> 00:05:44.000] You are probably aware of the assumptions of Islam and , among other things ,
[00:05:44.000 --> 00:05:51.000] this aspect that if you die for the good of Islam , you get those famous girls and so on .
[00:05:51.000 --> 00:05:56.000] They are promised lux uries that they currently see in those rich she ikh s .
[00:05:56.000 --> 00:05:59.000] But they do not have the slightest chance of it .
[00:05:59.000 --> 00:06:04.000] Not only that , but practically all these fighters are extremely poor
[00:06:04.000 --> 00:06:10.000] and do not even have a chance for any decent life for themselves or their children .
[00:06:10.000 --> 00:06:14.000] That is why joining these fighters , these suicide attacks ,
[00:06:14.000 --> 00:06:20.000] is the smartest thing they can do in life to improve the fate of their loved ones .
[00:06:20.000 --> 00:06:22.000] Most often after death .
[00:06:22.000 --> 00:06:27.000] This is a typical manipulation that we know in the economy , for example , financial pyram ids .
[00:06:27.000 --> 00:06:34.000] Give me your money today , and someday you will get so much that you will not believe in your luck .
[00:06:34.000 --> 00:06:37.000] These she ikh s already have a mega profit today ,
[00:06:37.000 --> 00:06:42.000] and the naive ones are waiting for the promised profits , which they never see anyway .
[00:06:42.000 --> 00:06:44.000] Mr . Mar ius z , I invite you for a break .
[00:06:44.000 --> 00:06:45.000] Thank you .
[00:06:46.000 --> 00:06:48.000] The end
[00:06:48.000 --> 00:06:50.000] The end
[00:07:17.000 --> 00:07:23.000] This is Mr . Mar ius z , Mar ius z Stef ani ak , economist , financial advisor , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:07:23.000 --> 00:07:28.000] Today we are talking about the international situation , about what is currently happening in Israel and Palestine .
[00:07:28.000 --> 00:07:33.000] Mr . Mar ius z , let 's try to say something about the situation in the gas zone .
[00:07:33.000 --> 00:07:35.000] It is a very specific place on earth .
[00:07:35.000 --> 00:07:40.000] It is difficult to compare the situation in the gas zone to any other place .
[00:07:40.000 --> 00:07:46.000] Are we dealing with an independent state that is able to provide its citizens with basic things ,
[00:07:46.000 --> 00:07:51.000] such as food , work , internal and external security ?
[00:07:51.000 --> 00:07:56.000] This whole part of Palestine , which we are talking about , is actually just one city - Gaza .
[00:07:56.000 --> 00:08:00.000] It has existed for over 2 , 500 years .
[00:08:00.000 --> 00:08:03.000] Today it is destroyed , of course , and overc row ded .
[00:08:03.000 --> 00:08:12.000] But I assume that it will be demol ished even more strongly and deprived of most people for the next few weeks in at least two ways .
[00:08:12.000 --> 00:08:16.000] K illing or ex pe lling those who survive .
[00:08:16.000 --> 00:08:19.000] This is an absolute crime on many levels .
[00:08:19.000 --> 00:08:23.000] Once there lived about 150 , 000 people .
[00:08:23.000 --> 00:08:26.000] Today there are about 2 million .
[00:08:26.000 --> 00:08:30.000] All on a surface much smaller than the surface of Warsaw .
[00:08:30.000 --> 00:08:39.000] About 5 million people were expelled from Palestine in so - called " n ig ht raids ".
[00:08:39.000 --> 00:08:45.000] We are talking about mass crimes , ra ids on the Palestinian population , carried out by sy n ist ric milit ias .
[00:08:45.000 --> 00:08:51.000] Pol es should understand this perfectly , because they themselves have experienced a lot of such pur ges and forced res ett lement s
[00:08:51.000 --> 00:08:53.000] using exactly the same methods .
[00:08:53.000 --> 00:08:58.000] Currently , we have 2 million of these displaced people in the Gaza area .
[00:08:58.000 --> 00:09:07.000] As it is estimated , about 80 % of them require immediate humanitarian assistance .
[00:09:07.000 --> 00:09:15.000] It reminds me of Warsaw during the uprising , where the Nazis , unable to fight the ins urg ents and humili ated by their military actions ,
[00:09:15.000 --> 00:09:21.000] began to bomb the civilian buildings , literally turning our capital into rub ble .
[00:09:21.000 --> 00:09:29.000] And by the way , they murdered about 200 , 000 inhabitants , of which only a dozen were ins urg ents .
[00:09:29.000 --> 00:09:31.000] It 's much worse in Gaza , ladies and gentlemen .
[00:09:31.000 --> 00:09:39.000] Israel has now given time to leave this zone by civilians . This may lead to some improvement of the fate of these people .
[00:09:39.000 --> 00:09:41.000] If they run away , what will happen to them ?
[00:09:41.000 --> 00:09:48.000] Imagine that you want to evacuate the whole of Warsaw in one day .
[00:09:48.000 --> 00:09:55.000] Is it even feasible ? Would anyone in common sense take such an action ?
[00:09:55.000 --> 00:09:58.000] Where would they go ?
[00:09:58.000 --> 00:10:00.000] Egypt , the closest .
[00:10:00.000 --> 00:10:03.000] Exactly , what you say , Egypt is the closest .
[00:10:03.000 --> 00:10:07.000] Not only that , Egypt has a history of wars with Israel .
[00:10:07.000 --> 00:10:09.000] They will gladly accept them .
[00:10:09.000 --> 00:10:13.000] Here , the economy works more than politics .
[00:10:13.000 --> 00:10:16.000] Egypt is in a bad financial situation .
[00:10:16.000 --> 00:10:23.000] And when I think that they had 2 million refugees , I know that it would be a financial blow to the budget of Egypt .
[00:10:23.000 --> 00:10:26.000] Maybe even a crushing one .
[00:10:26.000 --> 00:10:32.000] Of course , Pol es can also take it well , because we host several million similar Uk ra ini an refugees .
[00:10:32.000 --> 00:10:38.000] And it costs us literally billions , which we obviously don 't have in the budget , so we borrow .
[00:10:38.000 --> 00:10:40.000] Egypt is even worse .
[00:10:40.000 --> 00:10:45.000] They try at all costs to avoid getting involved in this conflict .
[00:10:45.000 --> 00:10:47.000] What would they get for it ?
[00:10:47.000 --> 00:10:55.000] Several million refugees and probably some thousands of highly radical ized Islam ists .
[00:10:55.000 --> 00:10:57.000] Only cons for Egypt .
[00:10:57.000 --> 00:11:02.000] Mr . Mar ius z , but if a wave of 2 million refugees saves their lives ,
[00:11:02.000 --> 00:11:05.000] to stop them , they will have to shoot them .
[00:11:05.000 --> 00:11:13.000] Our border with Belarus or the USA border with Mexico show that it is not necessary to shoot these people at the border .
[00:11:13.000 --> 00:11:20.000] There is no method of stopping thousands or even hundreds of thousands of people ,
[00:11:20.000 --> 00:11:24.000] because even shooting here could not help .
[00:11:24.000 --> 00:11:31.000] Does Ham as have support , at least for the majority of Palestinians living in the Gaza St rip ?
[00:11:31.000 --> 00:11:36.000] How much is it behind the back for this most comb ative and terrorist part of society ?
[00:11:36.000 --> 00:11:43.000] Ham as is just one of many fragments of fighters and it is not very popular at all .
[00:11:43.000 --> 00:11:52.000] It started from purely social activity and was supposed to be a counter balance for the Palestinian forces fighting Israel .
[00:11:52.000 --> 00:11:59.000] Over time , it transformed into quasi - pol ice forces , where it fought crimes and social riots .
[00:11:59.000 --> 00:12:04.000] It has now turned into quasi - mil itary forces .
[00:12:04.000 --> 00:12:09.000] We are talking about a small fragment , not very well funded ,
[00:12:09.000 --> 00:12:14.000] and because of that , if you don 't have money , you don 't have a good back .
[00:12:14.000 --> 00:12:19.000] If someone is to get involved , he will get involved with those who will give him the best conditions .
[00:12:19.000 --> 00:12:24.000] It is already apparent that Ham as ' position has strengthened significantly ,
[00:12:24.000 --> 00:12:28.000] also in the eyes of Palestinians and the whole Islamic world ,
[00:12:28.000 --> 00:12:33.000] which is why it will also financially and numer ically strengthen .
[00:12:33.000 --> 00:12:39.000] In my opinion , Ham as has already won , and the more victims there are , the more it will gain .
[00:12:39.000 --> 00:12:46.000] One of Israel 's first decisions after the attack was to cut off water , energy and gas supply to the Gaza St rip .
[00:12:46.000 --> 00:12:52.000] Will it bring results and will it not cause the radical ization of most of the Palestinians living in Gaza ?
[00:12:52.000 --> 00:13:02.000] Und oubtedly , it must cause , because moving to such actions , which , in my opinion , are practically all perfectly qualified for war crimes ,
[00:13:02.000 --> 00:13:05.000] cannot end well .
[00:13:05.000 --> 00:13:15.000] The more Ham as wins , the more Israel will use radical , in human , band it ways of fighting it .
[00:13:15.000 --> 00:13:24.000] Civil ization progress is that society begins to cope with even apologies or best ial behaviors in a civil ized way .
[00:13:24.000 --> 00:13:29.000] In a way that is to guarantee a humanitarian approach .
[00:13:29.000 --> 00:13:36.000] If we wanted to fight the bandits in a band it way , then what would we be different from them ?
[00:13:36.000 --> 00:13:41.000] A question that is difficult to answer , but on my part the rest of the questions after the break .
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[00:14:13.000 --> 00:14:15.000] What 's up , Mr . Mar ius z ?
[00:14:15.000 --> 00:14:17.000] Mar ius z Stef ani ak , economist , financi er .
[00:14:17.000 --> 00:14:24.000] Today , in an unusual role , I 'm going to assess the international situation in Palestine and Israel .
[00:14:24.000 --> 00:14:29.000] In the previous great conflicts that took place there , neighboring countries were always involved in the war .
[00:14:29.000 --> 00:14:32.000] Syria , Lebanon , Egypt .
[00:14:32.000 --> 00:14:38.000] We talked a little about the complicated situation in Egypt now , and how other countries are behaving .
[00:14:38.000 --> 00:14:41.000] There is a new player there , a new great player - Iran .
[00:14:41.000 --> 00:14:45.000] What 's going on there in the broader context , Mr . Mar ius z ?
[00:14:45.000 --> 00:14:51.000] This is , of course , a rather complex topic , because in our Western mentality we expect such a division .
[00:14:51.000 --> 00:14:53.000] Good , bad , there is nothing against the enemy .
[00:14:53.000 --> 00:14:56.000] It doesn 't work there at all .
[00:14:56.000 --> 00:15:01.000] Now , in general , the whole system of forces in the Middle East is changing .
[00:15:01.000 --> 00:15:07.000] Until now , the US influence ruled there practically without discussion .
[00:15:07.000 --> 00:15:13.000] They distributed cards , they interfer ed , they protected their investments .
[00:15:13.000 --> 00:15:18.000] And we are mainly talking about the oil industry or other mining industries .
[00:15:18.000 --> 00:15:21.000] Currently , it doesn 't work like that anymore .
[00:15:21.000 --> 00:15:26.000] Please note the rapid increase in Chinese - R ussian influence .
[00:15:26.000 --> 00:15:33.000] The reference of very large methods of economic and political cooperation there
[00:15:33.000 --> 00:15:39.000] shows that the Arabs have had enough of the American he ge mon ,
[00:15:39.000 --> 00:15:43.000] who mixes soup s in their bowls .
[00:15:43.000 --> 00:15:46.000] These are completely different societies .
[00:15:46.000 --> 00:15:50.000] There is a dual ism in the way of thinking , a dich ot omy .
[00:15:50.000 --> 00:15:56.000] On the one hand , we hate the Americans , but on the other hand , our elites do great business with them .
[00:15:56.000 --> 00:16:02.000] But we don 't do anything about it , because the rich give us money so that we can fight the Americans .
[00:16:02.000 --> 00:16:05.000] It sounds like a crazy scheme .
[00:16:05.000 --> 00:16:08.000] That 's why these countries are not uniform .
[00:16:08.000 --> 00:16:14.000] They are enc ased in various forces , ideas , influences , and economic interests .
[00:16:14.000 --> 00:16:20.000] It 's not a matter of war , but a matter of very complex economic systems .
[00:16:20.000 --> 00:16:29.000] That 's why we don 't see a clear division of allies and opponents .
[00:16:29.000 --> 00:16:33.000] The situation in Israel has also changed .
[00:16:33.000 --> 00:16:38.000] In recent months , Prime Minister Net any ahu has reform ed the judiciary
[00:16:38.000 --> 00:16:45.000] to influence the choice of judges , to limit the possibility of the Supreme Court of Justice
[00:16:45.000 --> 00:16:47.000] to vote on the government 's decisions .
[00:16:47.000 --> 00:16:50.000] In a way , it even resembles the situation in Poland .
[00:16:50.000 --> 00:16:52.000] This also caused social resistance .
[00:16:52.000 --> 00:16:55.000] Part of the society was protesting .
[00:16:55.000 --> 00:17:00.000] We are actually dealing with the internal division of the Israeli society .
[00:17:00.000 --> 00:17:03.000] Maybe this has reduced their defensive capabilities ?
[00:17:03.000 --> 00:17:11.000] Such actions must always reduce and weaken all state institutions and their effectiveness .
[00:17:11.000 --> 00:17:14.000] An alyst s have noticed an interesting dependence .
[00:17:14.000 --> 00:17:20.000] When Net any ahu is to be dep r ived of power , a conflict or tragedy suddenly breaks out
[00:17:20.000 --> 00:17:26.000] and the opposition gives up on removing him , because then it would weaken the state too much .
[00:17:26.000 --> 00:17:30.000] I don 't know if this is just an interesting coincidence or something more serious ,
[00:17:30.000 --> 00:17:33.000] but it made me think a little .
[00:17:33.000 --> 00:17:38.000] We all look at what is happening , which way events will develop .
[00:17:38.000 --> 00:17:41.000] There are no signs that the situation should calm down .
[00:17:41.000 --> 00:17:44.000] Can all this be overcome under control ?
[00:17:44.000 --> 00:17:52.000] I can easily make a logical path from this conflict , literally a few weeks before the World War .
[00:17:52.000 --> 00:17:57.000] The USA has already sent its forces there and is announcing military assistance .
[00:17:57.000 --> 00:18:01.000] I remind you that the USA is not at all popular in the East .
[00:18:01.000 --> 00:18:03.000] It 's about big businesses .
[00:18:03.000 --> 00:18:11.000] Maybe we are just getting to the point when the rem od eling of the entire system of forces
[00:18:11.000 --> 00:18:15.000] and economic influences in this part of the world is already happening .
[00:18:15.000 --> 00:18:20.000] What the British started by imposing the creation of the State of Israel
[00:18:20.000 --> 00:18:27.000] is about the way this existence was created and how it is maintained .
[00:18:27.000 --> 00:18:34.000] The West is practically speaking 100 % pro - Is rael and anti - Pal est in ian .
[00:18:34.000 --> 00:18:40.000] Instead of clearly criticizing , condem ning and blocking the actions of Israel ,
[00:18:40.000 --> 00:18:46.000] let 's be honest , what is happening now in the eyes of the world is absolutely unacceptable .
[00:18:46.000 --> 00:18:51.000] And look at what escal ation of international reaction it has caused .
[00:18:51.000 --> 00:18:58.000] It is a un if ied , un if ied political scene on practically every side .
[00:18:58.000 --> 00:19:02.000] Not only that , they are also financially and milit arily supporting them .
[00:19:02.000 --> 00:19:04.000] I don 't like it , to be honest .
[00:19:04.000 --> 00:19:06.000] Let 's have equal rules for everyone .
[00:19:06.000 --> 00:19:10.000] If someone does something wrong , let 's condemn it , let 's impose sanctions .
[00:19:10.000 --> 00:19:12.000] This is what the international community is for , right ?
[00:19:12.000 --> 00:19:17.000] But suddenly this voice disappeared .
[00:19:17.000 --> 00:19:18.000] Nobody says anything .
[00:19:18.000 --> 00:19:23.000] They don 't say , " Listen , you can 't cut off the means of su st aining life for two million people ."
[00:19:23.000 --> 00:19:25.000] This is murder .
[00:19:25.000 --> 00:19:26.000] These are war crimes .
[00:19:26.000 --> 00:19:28.000] Why do we allow this ?
[00:19:28.000 --> 00:19:31.000] I think this is a test for the entire Western civilization .
[00:19:31.000 --> 00:19:40.000] Are we able to put an end to actions that are un eth ical , that are criminal , to the best ial ity of criminals ?
[00:19:40.000 --> 00:19:43.000] We cannot respond with the same best ial ity .
[00:19:43.000 --> 00:19:46.000] Is Ham as a gang organization ?
[00:19:46.000 --> 00:19:47.000] Yes , it is .
[00:19:47.000 --> 00:19:48.000] Yes , it commits crimes .
[00:19:48.000 --> 00:19:53.000] Does it make us more serious to commit crimes against the civilian population ?
[00:19:53.000 --> 00:20:01.000] Most people in the Arab world or in the Islamic world don 't dream of murder ing inf id els .
[00:20:01.000 --> 00:20:05.000] I have friends from Iran and they told me something that I literally laughed at .
[00:20:05.000 --> 00:20:08.000] In our country , only two groups of people take care of religion .
[00:20:08.000 --> 00:20:10.000] Polit icians and old women .
[00:20:10.000 --> 00:20:12.000] It 's like in our country .
[00:20:12.000 --> 00:20:16.000] Normal people want to live , work , earn , do their own business .
[00:20:16.000 --> 00:20:18.000] Because most people have it that way .
[00:20:18.000 --> 00:20:21.000] The Islamic world is absolutely identical .
[00:20:21.000 --> 00:20:28.000] Only a minimal part of extrem ism is finan ced by the richest elite .
[00:20:28.000 --> 00:20:33.000] Which does it to sanction the maximum poverty of the majority of people .
[00:20:33.000 --> 00:20:35.000] And in this way keep order .
[00:20:35.000 --> 00:20:41.000] The truth is that at the source of everything lies a brutal , unfair economy .
[00:20:41.000 --> 00:20:48.000] And that 's why most of the world 's poor have a chance to exist extrem ists who gain support .
[00:20:48.000 --> 00:20:50.000] These are people who are simply desperate .
[00:20:50.000 --> 00:20:52.000] These are people who are simply very poor .
[00:20:52.000 --> 00:20:54.000] These are people who are simply unhappy .
[00:20:54.000 --> 00:20:58.000] But if people were living normally , no one would support any extrem ists .
[00:20:58.000 --> 00:21:05.000] Because no one who has a family , who has means of living , will not run in suicide attacks , slowly go for a walk with their children .
[00:21:05.000 --> 00:21:12.000] Mr . Mar ius z , we can only wish ourselves and everyone that this conflict ends as soon as possible .
[00:21:12.000 --> 00:21:17.000] That we also manage to solve its root cause , for which it returns .
[00:21:17.000 --> 00:21:19.000] I wish you that .
[00:21:19.000 --> 00:21:21.000] Thank you very much for the conversation .
[00:21:21.000 --> 00:21:23.000] Econom ist , financi er Mar ius z Stef ani ak .
[00:21:23.000 --> 00:21:25.000] The program was led by Kr z ysz to f Stra uch man .
[00:21:25.000 --> 00:21:27.000] See you .
[00:21:31.000 --> 00:21:38.000] .
[00:21:38.000 --> 00:21:40.000] .
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's going on , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's going on , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:16.000] Mar ius z Stef ani ak , economist , finan c ial expert .
[00:00:16.000 --> 00:00:18.000] Today we 're going to talk about the border between
[00:00:18.000 --> 00:00:20.000] common sense and economy .
[00:00:20.000 --> 00:00:22.000] The whole Poland is talking about Pand ora 's Gate affair
[00:00:22.000 --> 00:00:24.000] and it 's hard not to hear about it .
[00:00:24.000 --> 00:00:26.000] It sounds pretty serious .
[00:00:26.000 --> 00:00:28.000] Water gate in the United States
[00:00:28.000 --> 00:00:30.000] is the president 's office .
[00:00:30.000 --> 00:00:32.000] Our affair so far
[00:00:32.000 --> 00:00:34.000] has been only a joke
[00:00:34.000 --> 00:00:36.000] to an influencer known in the network as " St u ",
[00:00:36.000 --> 00:00:38.000] who is suspected of ped oph ilia .
[00:00:38.000 --> 00:00:40.000] But we 're not going to talk about
[00:00:40.000 --> 00:00:42.000] his wine or his performances .
[00:00:42.000 --> 00:00:44.000] I wanted to talk about something else .
[00:00:44.000 --> 00:00:46.000] Personally , I 'm surprised ,
[00:00:46.000 --> 00:00:48.000] because I started watching these videos on the Internet ,
[00:00:48.000 --> 00:00:50.000] watching , listening . I 'm surprised
[00:00:50.000 --> 00:00:52.000] that people who are known
[00:00:52.000 --> 00:00:54.000] mainly because they are known
[00:00:54.000 --> 00:00:56.000] can make so much money on it
[00:00:56.000 --> 00:00:58.000] and gain so much popularity .
[00:00:58.000 --> 00:01:00.000] In my opinion , it 's contrary
[00:01:00.000 --> 00:01:02.000] to common sense ,
[00:01:02.000 --> 00:01:04.000] not to mention the economy .
[00:01:04.000 --> 00:01:06.000] I 'll touch on a few issues at once ,
[00:01:06.000 --> 00:01:08.000] so maybe one by one .
[00:01:08.000 --> 00:01:10.000] Pand ora 's Gate itself came from
[00:01:10.000 --> 00:01:12.000] the mythical woman Pand ora .
[00:01:12.000 --> 00:01:14.000] Beautiful , but not very honest ,
[00:01:14.000 --> 00:01:16.000] quite dece it ful ,
[00:01:16.000 --> 00:01:18.000] who was sent by the gods to punish people .
[00:01:18.000 --> 00:01:20.000] And they added to her
[00:01:20.000 --> 00:01:22.000] a tight , closed box .
[00:01:22.000 --> 00:01:24.000] All misf ortun es were locked there
[00:01:24.000 --> 00:01:26.000] and after opening , they were released into the world .
[00:01:26.000 --> 00:01:28.000] Just like in the myth ,
[00:01:28.000 --> 00:01:30.000] the same thing happened here .
[00:01:30.000 --> 00:01:32.000] Beautiful women , influencers ,
[00:01:32.000 --> 00:01:34.000] but not necessarily dece it ful or wise ,
[00:01:34.000 --> 00:01:36.000] living in un mar ried and loose relationships
[00:01:36.000 --> 00:01:38.000] with many often handsome ,
[00:01:38.000 --> 00:01:40.000] usually rich and always
[00:01:40.000 --> 00:01:42.000] almost well - known idols of children and youth ,
[00:01:42.000 --> 00:01:44.000] had dark secrets
[00:01:44.000 --> 00:01:46.000] that freed them to the world .
[00:01:46.000 --> 00:01:48.000] Among other things , that not many girls
[00:01:48.000 --> 00:01:50.000] were in a relationship with much older idols
[00:01:50.000 --> 00:01:52.000] with the participation of various forms
[00:01:52.000 --> 00:01:54.000] of sexual intimacy .
[00:01:54.000 --> 00:01:56.000] As one of the suspects explained in the media ,
[00:01:56.000 --> 00:01:58.000] all the media should be accused
[00:01:58.000 --> 00:02:00.000] and condemned ,
[00:02:00.000 --> 00:02:02.000] the biggest companies , singers
[00:02:02.000 --> 00:02:04.000] and parents for what happened to their children .
[00:02:04.000 --> 00:02:06.000] We 're talking about 12 - 13 year olds .
[00:02:06.000 --> 00:02:08.000] They watched music ,
[00:02:08.000 --> 00:02:10.000] movies , YouTube channels
[00:02:10.000 --> 00:02:12.000] where almost naked women
[00:02:12.000 --> 00:02:14.000] are w av ing and talking about sex
[00:02:14.000 --> 00:02:16.000] in a way that I assure you
[00:02:16.000 --> 00:02:18.000] you wouldn 't be able to say publicly .
[00:02:18.000 --> 00:02:20.000] And the biggest female idols
[00:02:20.000 --> 00:02:22.000] are actually a modern form
[00:02:22.000 --> 00:02:24.000] of par ap rost itution .
[00:02:24.000 --> 00:02:26.000] Let 's look at the world
[00:02:26.000 --> 00:02:28.000] of teenagers , at the world of economy .
[00:02:28.000 --> 00:02:30.000] What are the richest and most
[00:02:30.000 --> 00:02:32.000] famous women in the world ?
[00:02:32.000 --> 00:02:34.000] Are they smart business men , invent ors , scientists ?
[00:02:34.000 --> 00:02:36.000] No , there is no such thing .
[00:02:36.000 --> 00:02:38.000] I challenge the listeners .
[00:02:38.000 --> 00:02:40.000] Find and give us
[00:02:40.000 --> 00:02:42.000] some very famous
[00:02:42.000 --> 00:02:44.000] and rich woman
[00:02:44.000 --> 00:02:46.000] who came to all this
[00:02:46.000 --> 00:02:48.000] alone , only with her own work
[00:02:48.000 --> 00:02:50.000] and talent .
[00:02:50.000 --> 00:02:52.000] Mrs . Mar ys ia Maria Sk ? od ows ka - C ur ie
[00:02:52.000 --> 00:02:54.000] 100 years ago .
[00:02:54.000 --> 00:02:56.000] She wasn 't rich .
[00:02:56.000 --> 00:02:58.000] But she 's famous .
[00:02:58.000 --> 00:03:00.000] But she hasn 't lived for a long time .
[00:03:00.000 --> 00:03:02.000] I 'm talking about what 's cur ren t ly going on ,
[00:03:02.000 --> 00:03:04.000] what these 12 - year olds will admire .
[00:03:04.000 --> 00:03:06.000] I can 't think of an example like that .
[00:03:06.000 --> 00:03:08.000] I have two models that , in my opinion ,
[00:03:08.000 --> 00:03:10.000] explain almost all women 's so - called
[00:03:10.000 --> 00:03:12.000] success in the world .
[00:03:12.000 --> 00:03:14.000] One , I call it sexy l ala ,
[00:03:14.000 --> 00:03:16.000] that is , I find a much older ,
[00:03:16.000 --> 00:03:18.000] and the other is an imm oral
[00:03:18.000 --> 00:03:20.000] and usually not very talented artist
[00:03:20.000 --> 00:03:22.000] who has won millions because she knows
[00:03:22.000 --> 00:03:24.000] who to give herself to and does it many times over the years .
[00:03:24.000 --> 00:03:26.000] And she 's not even their wife or lover .
[00:03:26.000 --> 00:03:28.000] She 's a prost itute on the call .
[00:03:28.000 --> 00:03:30.000] We 're talking about the biggest stars
[00:03:30.000 --> 00:03:32.000] of the television , cinema ,
[00:03:32.000 --> 00:03:34.000] the world of music , who gave themselves
[00:03:34.000 --> 00:03:36.000] to the influential , influential guys ,
[00:03:36.000 --> 00:03:38.000] for example , in Hollywood , to get
[00:03:38.000 --> 00:03:40.000] million - dollar hang ars , thus
[00:03:40.000 --> 00:03:42.000] throwing out the most talented and honest
[00:03:42.000 --> 00:03:44.000] women from work .
[00:03:44.000 --> 00:03:46.000] The biggest stars in the world ,
[00:03:46.000 --> 00:03:48.000] like S a ima Ha q , Ashley Jud d ,
[00:03:48.000 --> 00:03:50.000] G wyn eth P alt row , Angel ina J olie ,
[00:03:50.000 --> 00:03:52.000] or Lady Gaga . They were getting hang ars
[00:03:52.000 --> 00:03:54.000] for sex .
[00:03:54.000 --> 00:03:56.000] They did it , although they were known
[00:03:56.000 --> 00:03:58.000] and rich , but they wanted to be even
[00:03:58.000 --> 00:04:00.000] more famous and even richer .
[00:04:00.000 --> 00:04:02.000] They did it out of greed . And it works ,
[00:04:02.000 --> 00:04:04.000] sir .
[00:04:04.000 --> 00:04:06.000] Let 's start breaking this phenomenon down a bit
[00:04:06.000 --> 00:04:08.000] from the beginning . What do
[00:04:08.000 --> 00:04:10.000] influencers actually do , what do they
[00:04:10.000 --> 00:04:12.000] offer their viewers or listeners
[00:04:12.000 --> 00:04:14.000] and how do they make money on it ?
[00:04:14.000 --> 00:04:16.000] And probably the most important question -
[00:04:16.000 --> 00:04:18.000] how much can you make on it ?
[00:04:18.000 --> 00:04:20.000] You can make a huge amount of money .
[00:04:20.000 --> 00:04:22.000] We 're talking about tens of millions ,
[00:04:22.000 --> 00:04:24.000] I can think of people who literally
[00:04:24.000 --> 00:04:26.000] made hundreds of millions of dollars .
[00:04:26.000 --> 00:04:28.000] As you say , being known for being
[00:04:28.000 --> 00:04:30.000] known , not having any specific
[00:04:30.000 --> 00:04:32.000] measurable skill , that you can do
[00:04:32.000 --> 00:04:34.000] something , I don 't know , do . Do you remember
[00:04:34.000 --> 00:04:36.000] our Bad Light audition and this
[00:04:36.000 --> 00:04:38.000] trans vest ite ? I remember perfectly ,
[00:04:38.000 --> 00:04:40.000] but it 's probably an example of which the
[00:04:40.000 --> 00:04:42.000] company is different from the intended . His
[00:04:42.000 --> 00:04:44.000] campaign , Bad Light beer , ended
[00:04:44.000 --> 00:04:46.000] with the sale of beer starting to
[00:04:46.000 --> 00:04:48.000] drop rapidly . He didn 't hit it somehow .
[00:04:48.000 --> 00:04:50.000] Maybe he did well , but his
[00:04:50.000 --> 00:04:52.000] client is not the best .
[00:04:52.000 --> 00:04:54.000] It doesn 't concern anyone . It doesn 't concern
[00:04:54.000 --> 00:04:56.000] customers , it doesn 't concern influencers ,
[00:04:56.000 --> 00:04:58.000] and it doesn 't even concern the company ,
[00:04:58.000 --> 00:05:00.000] sir . They can lose tens of billions of dollars
[00:05:00.000 --> 00:05:02.000] and it doesn 't affect them at all .
[00:05:02.000 --> 00:05:04.000] Because CEOs don 't get money , sir ,
[00:05:04.000 --> 00:05:06.000] when the company is doing well ,
[00:05:06.000 --> 00:05:08.000] only when investors are satisfied .
[00:05:08.000 --> 00:05:10.000] If the company was doing well ,
[00:05:10.000 --> 00:05:12.000] as it was then , the CEO gets
[00:05:12.000 --> 00:05:14.000] bonuses , even if the company
[00:05:14.000 --> 00:05:16.000] is falling in the ratings .
[00:05:16.000 --> 00:05:18.000] Who will lose on this ?
[00:05:18.000 --> 00:05:20.000] Well , ordinary citizens will lose on this ,
[00:05:20.000 --> 00:05:22.000] small shareholders and so on , because
[00:05:22.000 --> 00:05:24.000] they have put a lot of money in it ,
[00:05:24.000 --> 00:05:26.000] and that 's the truth .
[00:05:26.000 --> 00:05:28.000] The clients paid for it all .
[00:05:28.000 --> 00:05:30.000] Who does it concern ? No one , exactly .
[00:05:30.000 --> 00:05:32.000] So what 's the difference ? Now the Americans
[00:05:32.000 --> 00:05:34.000] just drink other beers , that 's all .
[00:05:34.000 --> 00:05:36.000] Nothing happened . Mr . Mar ius z , but let 's
[00:05:36.000 --> 00:05:38.000] talk about becoming popular .
[00:05:38.000 --> 00:05:40.000] Once , to appear in an ad , you had to
[00:05:40.000 --> 00:05:42.000] be a famous actor ,
[00:05:42.000 --> 00:05:44.000] famous from the scene , from the movie ,
[00:05:44.000 --> 00:05:46.000] a famous artist . What now ?
[00:05:46.000 --> 00:05:48.000] Is an influencer enough that he has no
[00:05:48.000 --> 00:05:50.000] sc ru ples , no shame , he speaks and
[00:05:50.000 --> 00:05:52.000] shows everything and gains popularity ?
[00:05:52.000 --> 00:05:54.000] More or less , you actually
[00:05:54.000 --> 00:05:56.000] described it . You know what ? I get
[00:05:56.000 --> 00:05:58.000] an example like fishing .
[00:05:58.000 --> 00:06:00.000] Inf lu en cers are actually p onds .
[00:06:00.000 --> 00:06:02.000] They fish their p onds ,
[00:06:02.000 --> 00:06:04.000] and companies want to catch
[00:06:04.000 --> 00:06:06.000] more and more of these fish , because they live
[00:06:06.000 --> 00:06:08.000] from it . And if an influencer shows
[00:06:08.000 --> 00:06:10.000] " In my pond there are a million fish ",
[00:06:10.000 --> 00:06:12.000] and the other one says " I have 5 million fish ",
[00:06:12.000 --> 00:06:14.000] companies calculate indicators in CP T ,
[00:06:14.000 --> 00:06:16.000] which is such an expense for
[00:06:16.000 --> 00:06:18.000] a thousand people who see our ads ,
[00:06:18.000 --> 00:06:20.000] so it pays them to give it to those
[00:06:20.000 --> 00:06:22.000] who have the largest audience .
[00:06:22.000 --> 00:06:24.000] How do you get viewers ?
[00:06:24.000 --> 00:06:26.000] Exactly like for centuries ,
[00:06:26.000 --> 00:06:28.000] something that is attractive
[00:06:28.000 --> 00:06:30.000] is shown , and people go to it
[00:06:30.000 --> 00:06:32.000] like flies to the le a f , sir .
[00:06:32.000 --> 00:06:34.000] What is attractive for such
[00:06:34.000 --> 00:06:36.000] little girls , 12 - 13 years old ?
[00:06:36.000 --> 00:06:38.000] They used to dream about dolls ,
[00:06:38.000 --> 00:06:40.000] because now they probably think about success ,
[00:06:40.000 --> 00:06:42.000] about money , about attractive
[00:06:42.000 --> 00:06:44.000] partners . I don 't know what the world
[00:06:44.000 --> 00:06:46.000] can offer . There is such a magic word
[00:06:46.000 --> 00:06:48.000] - hyper g amy . It is the key
[00:06:48.000 --> 00:06:50.000] to most economic phenomena in the world ,
[00:06:50.000 --> 00:06:52.000] sir . Generally , it is about
[00:06:52.000 --> 00:06:54.000] women dreaming about
[00:06:54.000 --> 00:06:56.000] finding an attractive partner .
[00:06:56.000 --> 00:06:58.000] Once it meant a strong warrior ,
[00:06:58.000 --> 00:07:00.000] because he could get food
[00:07:00.000 --> 00:07:02.000] in difficult conditions , defend against
[00:07:02.000 --> 00:07:04.000] danger , so he was a perfect partner .
[00:07:04.000 --> 00:07:06.000] Now he is just a rich
[00:07:06.000 --> 00:07:08.000] and influential man .
[00:07:08.000 --> 00:07:10.000] That 's why you have a situation that
[00:07:10.000 --> 00:07:12.000] some beautiful models ,
[00:07:12.000 --> 00:07:14.000] in short , now they should be called prost it utes ,
[00:07:14.000 --> 00:07:16.000] because the model is no longer a model ,
[00:07:16.000 --> 00:07:18.000] just like the actress is no longer an actress .
[00:07:18.000 --> 00:07:20.000] Her job is not to be an actress ,
[00:07:20.000 --> 00:07:22.000] but to look like a sex symbol .
[00:07:22.000 --> 00:07:24.000] Let 's look at the most successful
[00:07:24.000 --> 00:07:26.000] careers in the world . Mel ania Trump .
[00:07:26.000 --> 00:07:28.000] The first lady in the world , sir .
[00:07:28.000 --> 00:07:30.000] Poor girl ,
[00:07:30.000 --> 00:07:32.000] she came from Europe and there she simply
[00:07:32.000 --> 00:07:34.000] offered various services ,
[00:07:34.000 --> 00:07:36.000] 99 % of the time , und ressed .
[00:07:36.000 --> 00:07:38.000] Oh , there is the first lady !
[00:07:38.000 --> 00:07:40.000] What kind of lady , sir ?
[00:07:40.000 --> 00:07:42.000] You don 't become a lady because of such a profession .
[00:07:42.000 --> 00:07:44.000] The most famous women
[00:07:44.000 --> 00:07:46.000] in the world . How did they get there ?
[00:07:46.000 --> 00:07:48.000] They officially said it .
[00:07:48.000 --> 00:07:50.000] They pretended to be a sexually sed uct ive guy
[00:07:50.000 --> 00:07:52.000] in Hollywood and in various other
[00:07:52.000 --> 00:07:54.000] places where they were just a pr od uc er ,
[00:07:54.000 --> 00:07:56.000] had an impact on some contracts .
[00:07:56.000 --> 00:07:58.000] And they are idols of these girls .
[00:07:58.000 --> 00:08:00.000] Mr . Mar ius z , let 's put a stop ,
[00:08:00.000 --> 00:08:02.000] but this is only a break in our conversation .
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[00:08:38.000 --> 00:08:40.000] Good morning , Mr . Mar ius z .
[00:08:40.000 --> 00:08:42.000] Mar ius z Stef ani ak , economist , financi er .
[00:08:42.000 --> 00:08:44.000] Today we are going to talk about the border
[00:08:44.000 --> 00:08:46.000] of common sense and economy .
[00:08:46.000 --> 00:08:48.000] And we are talking about a very serious branch of the economy .
[00:08:48.000 --> 00:08:50.000] Only in Poland , the advertising market
[00:08:50.000 --> 00:08:52.000] is worth several billion z lot ys
[00:08:52.000 --> 00:08:54.000] annually . And this share
[00:08:54.000 --> 00:08:56.000] of the so - called internet
[00:08:56.000 --> 00:08:58.000] fragment in this cake is growing more and more ,
[00:08:58.000 --> 00:09:00.000] it is already more than half .
[00:09:00.000 --> 00:09:02.000] This money goes to , among others ,
[00:09:02.000 --> 00:09:04.000] influencers .
[00:09:04.000 --> 00:09:06.000] Does nothing stop this trend
[00:09:06.000 --> 00:09:08.000] - you say , Mr . Mar ius z ?
[00:09:08.000 --> 00:09:10.000] For the moment , certainly not .
[00:09:10.000 --> 00:09:12.000] Moreover , it is definitely growing .
[00:09:12.000 --> 00:09:14.000] Although I personally predict
[00:09:14.000 --> 00:09:16.000] that there will be a certain re bu il ding
[00:09:16.000 --> 00:09:18.000] of this scene .
[00:09:18.000 --> 00:09:20.000] Anyway , what I see in some so - called new media ,
[00:09:20.000 --> 00:09:22.000] where it is also happening .
[00:09:22.000 --> 00:09:24.000] So they come into play
[00:09:24.000 --> 00:09:26.000] such vul gar , prost atic ,
[00:09:26.000 --> 00:09:28.000] idiot ic , over - se xual ized ,
[00:09:28.000 --> 00:09:30.000] super - f amous personalities .
[00:09:30.000 --> 00:09:32.000] Mer itor ious , wise , educated ,
[00:09:32.000 --> 00:09:34.000] well prepared in the subject
[00:09:34.000 --> 00:09:36.000] and really useful people .
[00:09:36.000 --> 00:09:38.000] Of course , it will not be a change
[00:09:38.000 --> 00:09:40.000] overnight , because the world does not work like that .
[00:09:40.000 --> 00:09:42.000] Everything works in wave systems .
[00:09:42.000 --> 00:09:44.000] Here we have exactly this example .
[00:09:44.000 --> 00:09:46.000] There was a huge , crazy wave of these
[00:09:46.000 --> 00:09:48.000] teenagers . Because they were 15 - 16 - year - olds
[00:09:48.000 --> 00:09:50.000] who started recording Minecraft .
[00:09:50.000 --> 00:09:52.000] And suddenly they became million aires .
[00:09:52.000 --> 00:09:54.000] At the age of 17 ,
[00:09:54.000 --> 00:09:56.000] a group of children
[00:09:56.000 --> 00:09:58.000] rent s a villa in Warsaw
[00:09:58.000 --> 00:10:00.000] and there live 40 young people .
[00:10:00.000 --> 00:10:02.000] I can just imagine
[00:10:02.000 --> 00:10:04.000] how this world works
[00:10:04.000 --> 00:10:06.000] and how it works ,
[00:10:06.000 --> 00:10:08.000] what a brutal business is there
[00:10:08.000 --> 00:10:10.000] and how individual people get there .
[00:10:10.000 --> 00:10:12.000] What techniques .
[00:10:12.000 --> 00:10:14.000] And so , if we talk about these new
[00:10:14.000 --> 00:10:16.000] media , new influencers ,
[00:10:16.000 --> 00:10:18.000] that is , new stars , I am talking about
[00:10:18.000 --> 00:10:20.000] once there were star s of the screen .
[00:10:20.000 --> 00:10:22.000] Currently , it starts to work according to a different algorithm .
[00:10:22.000 --> 00:10:24.000] Because now children do not go to the cinema ,
[00:10:24.000 --> 00:10:26.000] sir .
[00:10:26.000 --> 00:10:28.000] Children do not watch TV .
[00:10:28.000 --> 00:10:30.000] They watch streams .
[00:10:30.000 --> 00:10:32.000] They watch everything on their phone .
[00:10:32.000 --> 00:10:34.000] If they go to an event ,
[00:10:34.000 --> 00:10:36.000] they will go to an event with their influencer .
[00:10:36.000 --> 00:10:38.000] With some famous YouTuber .
[00:10:38.000 --> 00:10:40.000] There are all these suspicious
[00:10:40.000 --> 00:10:42.000] ped oph il ic acts , among others .
[00:10:42.000 --> 00:10:44.000] What normal parent
[00:10:44.000 --> 00:10:46.000] sends a 12 , 13 or 14 - year - old
[00:10:46.000 --> 00:10:48.000] to a party
[00:10:48.000 --> 00:10:50.000] where he is to meet with adult men
[00:10:50.000 --> 00:10:52.000] and stays there for the night ?
[00:10:52.000 --> 00:10:54.000] And then they are surprised that suddenly
[00:10:54.000 --> 00:10:56.000] tapes or some screens come out
[00:10:56.000 --> 00:10:58.000] that they were und ressing ,
[00:10:58.000 --> 00:11:00.000] and they were doing different things ,
[00:11:00.000 --> 00:11:02.000] or even had a group sex with these 14 - year - olds .
[00:11:02.000 --> 00:11:04.000] Why are you surprised ?
[00:11:04.000 --> 00:11:06.000] The whole media world
[00:11:06.000 --> 00:11:08.000] shows such patterns .
[00:11:08.000 --> 00:11:10.000] Since their idols
[00:11:10.000 --> 00:11:12.000] show such patterns
[00:11:12.000 --> 00:11:14.000] and parents send such little girls
[00:11:14.000 --> 00:11:16.000] without any care ,
[00:11:16.000 --> 00:11:18.000] how could it be otherwise ?
[00:11:18.000 --> 00:11:20.000] It was something that had to happen .
[00:11:20.000 --> 00:11:22.000] And this Pand ora 's box we started with ,
[00:11:22.000 --> 00:11:24.000] that is , the opening of all these
[00:11:24.000 --> 00:11:26.000] misf ortun es , is exactly what
[00:11:26.000 --> 00:11:28.000] we are observing now .
[00:11:28.000 --> 00:11:30.000] But this is very good , because at the end
[00:11:30.000 --> 00:11:32.000] of the Pand ora 's box , and this is what
[00:11:32.000 --> 00:11:34.000] I would like you to remember
[00:11:34.000 --> 00:11:36.000] from our today 's conversation ,
[00:11:36.000 --> 00:11:38.000] no , these are scand alous things and so on .
[00:11:38.000 --> 00:11:40.000] There will always be hope at the end .
[00:11:40.000 --> 00:11:42.000] There will be something that will be the beginning of change .
[00:11:42.000 --> 00:11:44.000] What we see ,
[00:11:44.000 --> 00:11:46.000] so scand alous , seemingly evil ,
[00:11:46.000 --> 00:11:48.000] offensive , do not be offended ,
[00:11:48.000 --> 00:11:50.000] because you were part of it , you created it yourself .
[00:11:50.000 --> 00:11:52.000] Support ing , or more actively ,
[00:11:52.000 --> 00:11:54.000] you are just as guilty
[00:11:54.000 --> 00:11:56.000] as this st u d ent and all these other guests .
[00:11:56.000 --> 00:11:58.000] Because you supported it .
[00:11:58.000 --> 00:12:00.000] You closed your eyes , you did not want to know .
[00:12:00.000 --> 00:12:02.000] Mr . Mar ius z ,
[00:12:02.000 --> 00:12:04.000] but let 's go back to those
[00:12:04.000 --> 00:12:06.000] changes that you notice ,
[00:12:06.000 --> 00:12:08.000] because I will be honest , not yet .
[00:12:08.000 --> 00:12:10.000] As a journalist who has been working
[00:12:10.000 --> 00:12:12.000] for several years in this profession , I can
[00:12:12.000 --> 00:12:14.000] share my reflection .
[00:12:14.000 --> 00:12:16.000] I now have access to statistics and comparisons
[00:12:16.000 --> 00:12:18.000] and I see that the text , which is serious ,
[00:12:18.000 --> 00:12:20.000] deals with a serious matter ,
[00:12:20.000 --> 00:12:22.000] reads several hundred , sometimes
[00:12:22.000 --> 00:12:24.000] several thousand people ,
[00:12:24.000 --> 00:12:26.000] and I 'm not talking about some galleries
[00:12:26.000 --> 00:12:28.000] presenting sex or nud ity ,
[00:12:28.000 --> 00:12:30.000] but ordinary galleries ,
[00:12:30.000 --> 00:12:32.000] for example , recently very popular galleries
[00:12:32.000 --> 00:12:34.000] presenting the costumes before the Day of the Dead .
[00:12:34.000 --> 00:12:36.000] Mr . Mar ius z , these are
[00:12:36.000 --> 00:12:38.000] millions of pages .
[00:12:38.000 --> 00:12:40.000] What is it all about ?
[00:12:40.000 --> 00:12:42.000] How can you propose serious content in the world
[00:12:42.000 --> 00:12:44.000] that is completely uninter ested in it ?
[00:12:44.000 --> 00:12:46.000] Recently I saw a very nice
[00:12:46.000 --> 00:12:48.000] material of one girl ,
[00:12:48.000 --> 00:12:50.000] who is super famous
[00:12:50.000 --> 00:12:52.000] on YouTube shorts .
[00:12:52.000 --> 00:12:54.000] This is a new formula that YouTube is now
[00:12:54.000 --> 00:12:56.000] launching very brutally .
[00:12:56.000 --> 00:12:58.000] If you want to be famous and make money ,
[00:12:58.000 --> 00:13:00.000] you just have to make these shorts .
[00:13:00.000 --> 00:13:02.000] These are such mini - v ide os , 30 seconds ,
[00:13:02.000 --> 00:13:04.000] and you have to fit in .
[00:13:04.000 --> 00:13:06.000] And the point is that she was able to make
[00:13:06.000 --> 00:13:08.000] that each of her videos has , for example ,
[00:13:08.000 --> 00:13:10.000] an average of 10 million views .
[00:13:10.000 --> 00:13:12.000] She can make a video with a million views
[00:13:12.000 --> 00:13:14.000] even if the paint has dried on the wall .
[00:13:14.000 --> 00:13:16.000] Because she first did a deep analysis
[00:13:16.000 --> 00:13:18.000] of thousands of the most famous
[00:13:18.000 --> 00:13:20.000] short videos of the most famous
[00:13:20.000 --> 00:13:22.000] million - year - old YouTubers .
[00:13:22.000 --> 00:13:24.000] And she discovered a scheme .
[00:13:24.000 --> 00:13:26.000] I laughed when I heard this interview .
[00:13:26.000 --> 00:13:28.000] I just laughed .
[00:13:28.000 --> 00:13:30.000] She speaks very precisely , she has a marketing de g ree .
[00:13:30.000 --> 00:13:32.000] In short , she wins with the merit
[00:13:32.000 --> 00:13:34.000] that she created herself .
[00:13:34.000 --> 00:13:36.000] And indeed , you can make
[00:13:36.000 --> 00:13:38.000] super cool materials from any t hing .
[00:13:38.000 --> 00:13:40.000] And it 's happening .
[00:13:40.000 --> 00:13:42.000] Because you are scared of what you see in the media .
[00:13:42.000 --> 00:13:44.000] And rightly so .
[00:13:44.000 --> 00:13:46.000] But you don 't see that there are already scientific channels
[00:13:46.000 --> 00:13:48.000] that also start to have
[00:13:48.000 --> 00:13:50.000] hundreds of thousands and millions of views .
[00:13:50.000 --> 00:13:52.000] Because they do it on a high
[00:13:52.000 --> 00:13:54.000] merit level , but at the same time
[00:13:54.000 --> 00:13:56.000] in a very attractive way .
[00:13:56.000 --> 00:13:58.000] When it comes to the delivery formula .
[00:13:58.000 --> 00:14:00.000] It can be done .
[00:14:00.000 --> 00:14:02.000] I 'm not saying it 's easy , of course .
[00:14:02.000 --> 00:14:04.000] It 's easier to show boobs .
[00:14:04.000 --> 00:14:06.000] And that 's it . And it sells . You 're right .
[00:14:06.000 --> 00:14:08.000] Because these are things that have been sold for centuries .
[00:14:08.000 --> 00:14:10.000] This is one of the most important forces , sir .
[00:14:10.000 --> 00:14:12.000] E ros and Than atos . I 'm going back to mythology again .
[00:14:12.000 --> 00:14:14.000] The most powerful forces in the world .
[00:14:14.000 --> 00:14:16.000] So it all makes perfect sense .
[00:14:16.000 --> 00:14:18.000] Only now , as I said ,
[00:14:18.000 --> 00:14:20.000] new methods are already appearing .
[00:14:20.000 --> 00:14:22.000] What we do is also
[00:14:22.000 --> 00:14:24.000] somewhat on a mini scale
[00:14:24.000 --> 00:14:26.000] this new method .
[00:14:26.000 --> 00:14:28.000] So we show , I hope in an interesting way ,
[00:14:28.000 --> 00:14:30.000] completely real , deep , scientific knowledge .
[00:14:30.000 --> 00:14:32.000] It can be done , sir .
[00:14:32.000 --> 00:14:34.000] Only this is just a growing wave .
[00:14:34.000 --> 00:14:36.000] It 's not something
[00:14:36.000 --> 00:14:38.000] that domin ates .
[00:14:38.000 --> 00:14:40.000] Maybe we also have specific listeners ,
[00:14:40.000 --> 00:14:42.000] Mr . Mar ius z , please , one more break .
[00:14:42.000 --> 00:14:44.000] ( music )
[00:14:46.000 --> 00:14:48.000] ( music )
[00:14:50.000 --> 00:14:52.000] ( music )
[00:14:52.000 --> 00:15:16.000] What 's the score , Mr . Mar ius z ?
[00:15:16.000 --> 00:15:18.000] Mar ius z Stef ani ak , economist ,
[00:15:18.000 --> 00:15:20.000] finan c ial advisor , president of the Foundation " More Wis dom ".
[00:15:20.000 --> 00:15:22.000] Today we 're going to talk a little
[00:15:22.000 --> 00:15:24.000] about civil iz ational changes .
[00:15:24.000 --> 00:15:26.000] I wanted to ask you , Mr . Mar ius z ,
[00:15:26.000 --> 00:15:28.000] what 's actually going on with people ,
[00:15:28.000 --> 00:15:30.000] what 's actually going on with the world ,
[00:15:30.000 --> 00:15:32.000] that people are so eager and so massively reaching
[00:15:32.000 --> 00:15:34.000] for content that is deeply , in fact ,
[00:15:34.000 --> 00:15:36.000] path ological . And what 's going on
[00:15:36.000 --> 00:15:38.000] with our elites ?
[00:15:38.000 --> 00:15:40.000] Where are the elites ? What do the elites look like today ?
[00:15:40.000 --> 00:15:42.000] You 've touched on two
[00:15:42.000 --> 00:15:44.000] incredibly interesting and important topics .
[00:15:44.000 --> 00:15:46.000] I remember an example from the break
[00:15:46.000 --> 00:15:48.000] with the girl who can
[00:15:48.000 --> 00:15:50.000] make a million - p ag e cover of everything .
[00:15:50.000 --> 00:15:52.000] And she said exactly
[00:15:52.000 --> 00:15:54.000] that the movie she 's making
[00:15:54.000 --> 00:15:56.000] must be in the age range
[00:15:56.000 --> 00:15:58.000] from the first to the maximum of the fifth
[00:15:58.000 --> 00:16:00.000] grade of elementary school .
[00:16:00.000 --> 00:16:02.000] And she explained it exactly .
[00:16:02.000 --> 00:16:04.000] That it must be at the level
[00:16:04.000 --> 00:16:06.000] of such a child from elementary school
[00:16:06.000 --> 00:16:08.000] and from those lower grades to the fifth maximum .
[00:16:08.000 --> 00:16:12.000] I thought about it and checked
[00:16:12.000 --> 00:16:14.000] some scientific data
[00:16:14.000 --> 00:16:16.000] and I 'll tell you that it all makes perfect sense .
[00:16:16.000 --> 00:16:18.000] What we call IQ
[00:16:18.000 --> 00:16:20.000] was created by the army during the war .
[00:16:20.000 --> 00:16:22.000] They wanted to speed up the whole process
[00:16:22.000 --> 00:16:24.000] of training soldiers .
[00:16:24.000 --> 00:16:26.000] Because there had to be a lot of people
[00:16:26.000 --> 00:16:28.000] to be able to die on these fronts .
[00:16:28.000 --> 00:16:30.000] So they developed a series of tests
[00:16:30.000 --> 00:16:32.000] and that 's how the famous IQ was created .
[00:16:32.000 --> 00:16:34.000] It turned out , according to their research ,
[00:16:34.000 --> 00:16:36.000] that people below 83 IQ
[00:16:36.000 --> 00:16:38.000] are not good for anything .
[00:16:38.000 --> 00:16:40.000] They 're not even good at meat .
[00:16:40.000 --> 00:16:42.000] They 're not good at investing .
[00:16:42.000 --> 00:16:44.000] They 're not good at the rifle they died with .
[00:16:44.000 --> 00:16:46.000] How many people like that are currently in the US ?
[00:16:46.000 --> 00:16:48.000] I 'm afraid it 's a decided majority ,
[00:16:48.000 --> 00:16:50.000] but I won 't give a specific number .
[00:16:50.000 --> 00:16:52.000] 51 million .
[00:16:52.000 --> 00:16:54.000] People who are officially
[00:16:54.000 --> 00:16:56.000] recognized by the criteria .
[00:16:56.000 --> 00:16:58.000] They 're just such mor ons .
[00:16:58.000 --> 00:17:00.000] And these people have election rights ,
[00:17:00.000 --> 00:17:02.000] these people decide everything ,
[00:17:02.000 --> 00:17:04.000] these people watch YouTube , influencers ,
[00:17:04.000 --> 00:17:06.000] buy products , etc .
[00:17:06.000 --> 00:17:08.000] When I extrapol ated this data to the Polish market ,
[00:17:08.000 --> 00:17:10.000] I would say that there are a lot of
[00:17:10.000 --> 00:17:12.000] idiots who have an impact on our lives .
[00:17:12.000 --> 00:17:14.000] Who watch these videos ,
[00:17:14.000 --> 00:17:16.000] who watch these ads ,
[00:17:16.000 --> 00:17:18.000] who vote .
[00:17:18.000 --> 00:17:20.000] Imagine , 6 million people .
[00:17:20.000 --> 00:17:22.000] They can change any government .
[00:17:22.000 --> 00:17:24.000] This is the foundation of democracy ,
[00:17:24.000 --> 00:17:26.000] so praised everywhere .
[00:17:26.000 --> 00:17:28.000] What 's the point of a fool
[00:17:28.000 --> 00:17:30.000] voting like a man ?
[00:17:30.000 --> 00:17:32.000] That 's why , as we said about CP T and so on ,
[00:17:32.000 --> 00:17:34.000] those who have more followers ,
[00:17:34.000 --> 00:17:36.000] more media traction ,
[00:17:36.000 --> 00:17:38.000] more in this world .
[00:17:38.000 --> 00:17:40.000] They elect presidents , they elect senators ,
[00:17:40.000 --> 00:17:42.000] they elect companies , they elect influencers ,
[00:17:42.000 --> 00:17:44.000] YouTubers , etc .
[00:17:44.000 --> 00:17:46.000] But Mr . Mar ys ia , these masses have money ,
[00:17:46.000 --> 00:17:48.000] and very often in the modern world
[00:17:48.000 --> 00:17:50.000] money decides the impact .
[00:17:50.000 --> 00:17:52.000] Indeed , most idiots
[00:17:52.000 --> 00:17:54.000] will be poor by definition .
[00:17:54.000 --> 00:17:56.000] Because being an idiot is hard
[00:17:56.000 --> 00:17:58.000] to get a lot of influence , a lot of money ,
[00:17:58.000 --> 00:18:00.000] etc . That 's true .
[00:18:00.000 --> 00:18:02.000] But there 's a little hook here
[00:18:02.000 --> 00:18:04.000] that really changes everything .
[00:18:04.000 --> 00:18:06.000] The richest people in the world ,
[00:18:06.000 --> 00:18:08.000] and so - called think tanks ,
[00:18:08.000 --> 00:18:10.000] the smartest people in the world ,
[00:18:10.000 --> 00:18:12.000] who are at the service of the richest people in the world ,
[00:18:12.000 --> 00:18:14.000] those people have invented that
[00:18:14.000 --> 00:18:16.000] it will be most beneficial for them
[00:18:16.000 --> 00:18:18.000] how the whole media , political and social space
[00:18:18.000 --> 00:18:20.000] will be ruled by idiots .
[00:18:20.000 --> 00:18:22.000] So there 's a very large amount of money
[00:18:22.000 --> 00:18:24.000] pumped into it ,
[00:18:24.000 --> 00:18:26.000] so that it was what you described beautifully .
[00:18:26.000 --> 00:18:28.000] That newspapers are just some kind of
[00:18:28.000 --> 00:18:30.000] mor ons , there are no editors there
[00:18:30.000 --> 00:18:32.000] now , only media influencers .
[00:18:32.000 --> 00:18:34.000] They just write what they are told to write .
[00:18:34.000 --> 00:18:36.000] If someone says wrong things ,
[00:18:36.000 --> 00:18:38.000] you 're ruined .
[00:18:38.000 --> 00:18:40.000] That 's why I said about this change .
[00:18:40.000 --> 00:18:42.000] That people who are not idiots , who have some knowledge ,
[00:18:42.000 --> 00:18:44.000] some rhetoric ,
[00:18:44.000 --> 00:18:46.000] are starting to go to alternative media .
[00:18:46.000 --> 00:18:48.000] Because they know that nowhere else
[00:18:48.000 --> 00:18:50.000] in normal newspapers ,
[00:18:50.000 --> 00:18:52.000] normal TV , they are not able
[00:18:52.000 --> 00:18:54.000] to say anything smart .
[00:18:54.000 --> 00:18:56.000] Because it 's not allowed there .
[00:18:56.000 --> 00:18:58.000] Probably super - rich people have decided
[00:18:58.000 --> 00:19:00.000] that it 's dangerous for them .
[00:19:00.000 --> 00:19:02.000] But it 's effective , because as research shows ,
[00:19:02.000 --> 00:19:04.000] average IQ ,
[00:19:04.000 --> 00:19:06.000] that is average IQ in society ,
[00:19:06.000 --> 00:19:08.000] has been decreasing for a dozen or so years .
[00:19:08.000 --> 00:19:10.000] How far can we go
[00:19:10.000 --> 00:19:12.000] in this nonsense ?
[00:19:12.000 --> 00:19:14.000] Very far . Check it out ,
[00:19:14.000 --> 00:19:16.000] average IQ in Africa , for example .
[00:19:16.000 --> 00:19:18.000] There are average IQ s in the country
[00:19:18.000 --> 00:19:20.000] at level 69 .
[00:19:20.000 --> 00:19:22.000] And now you understand why
[00:19:22.000 --> 00:19:24.000] whole countries with gigantic resources ,
[00:19:24.000 --> 00:19:26.000] super - p ric ed , are in a permanent
[00:19:26.000 --> 00:19:28.000] state of war , of decay ,
[00:19:28.000 --> 00:19:30.000] no energy for most of the day ,
[00:19:30.000 --> 00:19:32.000] nothing works , police doesn 't work ,
[00:19:32.000 --> 00:19:34.000] prob es don 't work , water p umps don 't work .
[00:19:34.000 --> 00:19:36.000] On the streets of the capital
[00:19:36.000 --> 00:19:38.000] there is mud .
[00:19:38.000 --> 00:19:40.000] Let 's see what 's the pressure .
[00:19:40.000 --> 00:19:42.000] The pressure is that smart people
[00:19:42.000 --> 00:19:44.000] don 't speak up , but that those who
[00:19:44.000 --> 00:19:46.000] shout out loud speak up .
[00:19:46.000 --> 00:19:48.000] Because , as we said with those kids ,
[00:19:48.000 --> 00:19:50.000] the media space creates
[00:19:50.000 --> 00:19:52.000] brilliant opportunities to confuse people .
[00:19:52.000 --> 00:19:54.000] No one discuss es
[00:19:54.000 --> 00:19:56.000] economic facts ,
[00:19:56.000 --> 00:19:58.000] historical facts , realities .
[00:19:58.000 --> 00:20:00.000] Em ot ions are discussed ,
[00:20:00.000 --> 00:20:02.000] this one is ugly , this one is stupid ,
[00:20:02.000 --> 00:20:04.000] this one cried , this one spoke ,
[00:20:04.000 --> 00:20:06.000] this one likes it , this one doesn 't .
[00:20:06.000 --> 00:20:08.000] What does it matter in economy , in economy , in your life ,
[00:20:08.000 --> 00:20:10.000] if a politician likes another politician ?
[00:20:10.000 --> 00:20:12.000] - A spectacle , Mr . Mar ius z , a spectacle .
[00:20:12.000 --> 00:20:14.000] - Yes , it 's a spectacle for the people ,
[00:20:14.000 --> 00:20:16.000] but unfortunately , the mystery is simple .
[00:20:16.000 --> 00:20:18.000] A stupid person can only watch
[00:20:18.000 --> 00:20:20.000] stupid things and read stupid things .
[00:20:20.000 --> 00:20:22.000] Because all the others will be shocking ,
[00:20:22.000 --> 00:20:24.000] boring , terrifying ,
[00:20:24.000 --> 00:20:26.000] and they will put him in a complex .
[00:20:26.000 --> 00:20:28.000] But a smart person can also watch stupid things .
[00:20:28.000 --> 00:20:30.000] Because you can 't laugh
[00:20:30.000 --> 00:20:32.000] from a flip and a flip - fl op
[00:20:32.000 --> 00:20:34.000] when a guy turns on a banana peel .
[00:20:34.000 --> 00:20:36.000] Only you can also do things
[00:20:36.000 --> 00:20:38.000] on a much higher level .
[00:20:38.000 --> 00:20:40.000] An influencer who makes
[00:20:40.000 --> 00:20:42.000] a 5 - 7 year old material
[00:20:42.000 --> 00:20:44.000] is able to reach
[00:20:44.000 --> 00:20:46.000] 99 % of the entire population ,
[00:20:46.000 --> 00:20:48.000] sir .
[00:20:48.000 --> 00:20:50.000] But someone who makes a smart
[00:20:50.000 --> 00:20:52.000] scientific program is able to reach
[00:20:52.000 --> 00:20:54.000] 2 % of the population ?
[00:20:54.000 --> 00:20:56.000] Well , 8 % maybe , if he does it in an interesting way ?
[00:20:56.000 --> 00:20:58.000] So it will never be so popular ,
[00:20:58.000 --> 00:21:00.000] so mass .
[00:21:00.000 --> 00:21:02.000] For centuries , as you have checked yourself ,
[00:21:02.000 --> 00:21:04.000] historically it was so .
[00:21:04.000 --> 00:21:06.000] The knowledge was elite .
[00:21:06.000 --> 00:21:08.000] Only exceptional units
[00:21:08.000 --> 00:21:10.000] and very few units went to school .
[00:21:10.000 --> 00:21:12.000] Let 's see the results of the exams now .
[00:21:12.000 --> 00:21:14.000] Children go to school
[00:21:14.000 --> 00:21:16.000] who shouldn 't go to school ,
[00:21:16.000 --> 00:21:18.000] really .
[00:21:18.000 --> 00:21:20.000] Just like with IQ and the army .
[00:21:20.000 --> 00:21:22.000] And the school says
[00:21:22.000 --> 00:21:24.000] " But give us all the children ,
[00:21:24.000 --> 00:21:26.000] we will teach them for so long , and they will pass ".
[00:21:26.000 --> 00:21:28.000] There has never been a situation in the history of mankind
[00:21:28.000 --> 00:21:30.000] where people were forced to know .
[00:21:30.000 --> 00:21:32.000] And we have , sir ,
[00:21:32.000 --> 00:21:34.000] a legal school obligation .
[00:21:34.000 --> 00:21:36.000] We lower the level of education
[00:21:36.000 --> 00:21:38.000] together with doctor ates ,
[00:21:38.000 --> 00:21:40.000] with higher education ,
[00:21:40.000 --> 00:21:42.000] so that there is a proper pass ability .
[00:21:42.000 --> 00:21:44.000] Because they have funding
[00:21:44.000 --> 00:21:46.000] for a person , for a head , sir .
[00:21:46.000 --> 00:21:48.000] Mr . Mar ius z , I feel that we are opening
[00:21:48.000 --> 00:21:50.000] another wide topic ,
[00:21:50.000 --> 00:21:52.000] and our time is over .
[00:21:52.000 --> 00:21:54.000] Thank you very much for the conversation .
[00:21:54.000 --> 00:21:56.000] We can promise the listeners only one thing ,
[00:21:56.000 --> 00:21:58.000] that in the next episode it will be
[00:21:58.000 --> 00:22:00.000] equally or even more interesting .
[00:22:00.000 --> 00:22:02.000] Econom ist , financi er Mar ius z Stef ani ak .
[00:22:02.000 --> 00:22:04.000] Thank you , goodbye .
[00:22:04.000 --> 00:22:06.000] Thank you very much , the program was led by Kr z ysz to f Stra uch man .
[00:22:06.000 --> 00:22:14.000] In other radio , in G ? uch o ? az y and the area
[00:22:14.000 --> 00:22:16.000] 105 . 2
[00:22:16.000 --> 00:22:18.000] The end
[00:22:18.000 --> 00:22:20.000] The end
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's up , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What do you want to hear ?
[00:00:12.000 --> 00:00:17.000] Our guest is Mar ius z Stef ani ak , financial economist , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:17.000 --> 00:00:20.000] What 's up , Mr . Mar ius z ? Today , we 're talking about debts .
[00:00:20.000 --> 00:00:24.000] You know that on November 17 th we celebrate the " Day without debts ".
[00:00:24.000 --> 00:00:27.000] We 're waiting for some social and informational actions .
[00:00:27.000 --> 00:00:33.000] I 've looked into the data . It turns out that 2 . 5 million Pol es are in the national debt register .
[00:00:33.000 --> 00:00:36.000] So they have problems with some payments .
[00:00:36.000 --> 00:00:42.000] Mr . Mar ius z , is debt a problem of the one who has it or is it a social problem ?
[00:00:42.000 --> 00:00:48.000] Indeed , this idiot ic pseudo - ho ly day is supposedly going on since 2019 .
[00:00:48.000 --> 00:00:50.000] Do you know who was the inventor of this ?
[00:00:50.000 --> 00:00:52.000] Exec utors , right ?
[00:00:52.000 --> 00:00:55.000] A living entity of debt collection .
[00:00:55.000 --> 00:00:59.000] Of course , this should change to the day of financial education .
[00:00:59.000 --> 00:01:03.000] But of course , no one would care about it , because I checked in the studies from September ,
[00:01:03.000 --> 00:01:09.000] only 12 % of Pol es thought that their knowledge of finances is low or extremely low .
[00:01:09.000 --> 00:01:12.000] 39 % don 't feel the need to increase them .
[00:01:12.000 --> 00:01:16.000] 40 % blame the government for their problems .
[00:01:16.000 --> 00:01:19.000] 27 % - bad luck or an event , just genius .
[00:01:19.000 --> 00:01:22.000] 8 % - some kind of spouse and so on .
[00:01:22.000 --> 00:01:28.000] 60 % or more don 't see the connection with their finances and their actions .
[00:01:28.000 --> 00:01:30.000] This is absurd .
[00:01:30.000 --> 00:01:35.000] We live in very nice times , when people buy , spend money , borrow .
[00:01:35.000 --> 00:01:37.000] L ending is very accessible .
[00:01:37.000 --> 00:01:42.000] However , I still remember the movie " K om orn ik ", which once made a very big impression on me .
[00:01:42.000 --> 00:01:44.000] It 's true that it happened 20 years ago .
[00:01:44.000 --> 00:01:48.000] In Wa ? br zych , which was then a city of poverty , bankrupt companies ,
[00:01:48.000 --> 00:01:53.000] there were no life prospects , and the hero of this movie was a very ruthless Kom orn ik ,
[00:01:53.000 --> 00:01:57.000] who was moving to ruthless methods of debt collection .
[00:01:57.000 --> 00:01:59.000] But he was a state official .
[00:01:59.000 --> 00:02:05.000] Now there are no such glo omy movies , so the mood generally favors taking more loans .
[00:02:05.000 --> 00:02:09.000] Do you know any such ruthless methods of debt collection ?
[00:02:09.000 --> 00:02:11.000] Nice , friendly ?
[00:02:11.000 --> 00:02:16.000] Well , you can get along with someone and just hope that he will fulfill the contract .
[00:02:16.000 --> 00:02:21.000] By definition , most debt ors do not have such a train to take responsibility .
[00:02:21.000 --> 00:02:23.000] It came from these statistics .
[00:02:23.000 --> 00:02:28.000] People do not see such a relationship at all and can actually blame everyone except themselves .
[00:02:28.000 --> 00:02:36.000] This is absolutely amazing and shocking to me that such people have a place in our society .
[00:02:36.000 --> 00:02:39.000] I have my favorite saying .
[00:02:39.000 --> 00:02:43.000] A man is in a bad company only in two situations in life .
[00:02:43.000 --> 00:02:46.000] When he is poor and when he is rich .
[00:02:46.000 --> 00:02:49.000] It 's hard to have honor , sir , being in debt everywhere .
[00:02:49.000 --> 00:02:52.000] It 's like having a hard time being an alcoholic .
[00:02:52.000 --> 00:02:55.000] Because these people have to lie from nature , because they can 't tell you ,
[00:02:55.000 --> 00:02:58.000] " Listen , I 'll take money from you , but I won 't give it back to you ."
[00:02:58.000 --> 00:03:02.000] Different people have different boundaries , so you can 't put everyone in one bag .
[00:03:02.000 --> 00:03:07.000] But the general rule is that if you are very poor or very rich ,
[00:03:07.000 --> 00:03:12.000] you have to get rid of most ethical rules , social norms , etc .
[00:03:12.000 --> 00:03:16.000] Otherwise , unfortunately , you will not be able to survive in this environment .
[00:03:16.000 --> 00:03:21.000] Mr . Mar ys ia , let 's move on to the reasons why people become inde bt ed , at least by excess .
[00:03:21.000 --> 00:03:26.000] Are these reasons that they have such a character , they behave irrespons ibly ?
[00:03:26.000 --> 00:03:28.000] Are there any objective reasons for all this ?
[00:03:28.000 --> 00:03:31.000] The gentleman just said that we are willing to point to the government ,
[00:03:31.000 --> 00:03:35.000] to all other circumstances that justify us .
[00:03:35.000 --> 00:03:37.000] Is there some truth to this or not ?
[00:03:37.000 --> 00:03:38.000] Yes and no .
[00:03:38.000 --> 00:03:45.000] The difficulty in answering this question is that there are so - called indirect and direct reasons .
[00:03:45.000 --> 00:03:48.000] So basically , why did this guy break into the store ?
[00:03:48.000 --> 00:03:51.000] You can say directly , because he wanted money .
[00:03:51.000 --> 00:03:54.000] Okay , you 're right . So he was a greedy jerk ?
[00:03:54.000 --> 00:03:56.000] No , because , for example , he was a drug addict .
[00:03:56.000 --> 00:03:57.000] So why did he become a drug addict ?
[00:03:57.000 --> 00:04:00.000] Because that 's why , in the classic example , his single mother raised him .
[00:04:00.000 --> 00:04:06.000] Which is unfortunately a very big indicator of drug crime and various other offenses .
[00:04:06.000 --> 00:04:08.000] You know , you can go so far .
[00:04:08.000 --> 00:04:13.000] A direct reason may be , for example , the decision of some government on some rules ,
[00:04:13.000 --> 00:04:16.000] taxation , or some exempt ions , and so on .
[00:04:16.000 --> 00:04:19.000] But who chooses this government , sir ?
[00:04:19.000 --> 00:04:20.000] What , aliens ?
[00:04:20.000 --> 00:04:23.000] After all , you caused it , man .
[00:04:23.000 --> 00:04:28.000] Instead of talking about debts , let 's talk about economic stupid ity .
[00:04:28.000 --> 00:04:34.000] Why do people who are economic idiots , economic ill iter ates , have the right to vote ?
[00:04:34.000 --> 00:04:37.000] Why do people who are economic idiots , economic ill iter ates , have the right to vote ?
[00:04:37.000 --> 00:04:41.000] Why do second - rate economic idiots start in these elections ?
[00:04:41.000 --> 00:04:47.000] And they talk about things , and promise things that are literally idiot ic or un ach iev able .
[00:04:47.000 --> 00:04:52.000] The classic example of Wa ?? sa , the great no blem an , who promised 300 million to every Pole .
[00:04:52.000 --> 00:04:55.000] And why didn 't he pay this money ?
[00:04:55.000 --> 00:04:56.000] Never , to anyone .
[00:04:56.000 --> 00:04:59.000] I quote , " I didn 't know it was so hard ."
[00:04:59.000 --> 00:05:05.000] Anyway , I would put the whole queue of president idiots in the modern history of Poland .
[00:05:05.000 --> 00:05:11.000] The only one I could say I respect and don 't consider an economic idiot was Ol sz ew ski .
[00:05:11.000 --> 00:05:14.000] Yes , he withd rew from politics , he no longer particip ates in it .
[00:05:14.000 --> 00:05:15.000] You know why ?
[00:05:15.000 --> 00:05:19.000] If you look at the people who rule there , in this police , they distribute the main cards ,
[00:05:19.000 --> 00:05:23.000] a person who has any knowledge , honor , respect for himself ,
[00:05:23.000 --> 00:05:28.000] will not want to join them in any form .
[00:05:28.000 --> 00:05:31.000] But it 's not them who are evil .
[00:05:31.000 --> 00:05:34.000] And what a miracle , such people are in such prominent positions .
[00:05:34.000 --> 00:05:37.000] For years , years , years , years .
[00:05:37.000 --> 00:05:40.000] Since none of the things they say and do ,
[00:05:40.000 --> 00:05:46.000] has anything to do with good economy , logic , facts , or even simple honesty .
[00:05:46.000 --> 00:05:53.000] And when I see statistics that half of Pol es don 't see any problem with their economic knowledge ,
[00:05:53.000 --> 00:06:00.000] I don 't regret anyone who suffers from idiot ic regulations , politicians , taxes ,
[00:06:00.000 --> 00:06:04.000] and in a moment , very big problems in the whole economic country .
[00:06:04.000 --> 00:06:09.000] Because let 's face it , we haven 't paid for idiot ic covid decisions yet ,
[00:06:09.000 --> 00:06:12.000] which were scand alous in every way .
[00:06:12.000 --> 00:06:17.000] Mr . Mar ius z , let 's hope that our hearing contributed a little to the fact that we are raising this level of economic knowledge .
[00:06:17.000 --> 00:06:19.000] I invite you to the break .
[00:06:19.000 --> 00:06:21.000] AM EN
[00:06:21.000 --> 00:06:23.000] AM EN
[00:06:23.000 --> 00:06:25.000] AM EN
[00:06:51.000 --> 00:06:53.000] What 's up , Mr . Mar ius z ?
[00:06:53.000 --> 00:06:55.000] Today , about debts .
[00:06:55.000 --> 00:06:59.000] Our guest is Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:06:59.000 --> 00:07:04.000] You said that it 's hard to find gentle methods of paying off debts ,
[00:07:04.000 --> 00:07:07.000] but as a country , as a state , as a society ,
[00:07:07.000 --> 00:07:10.000] we have faced a special law on so - called consumer de bt ,
[00:07:10.000 --> 00:07:14.000] which is about what people who have overd ue debts can do .
[00:07:14.000 --> 00:07:19.000] Last year , 15 , 000 Pol es reported such consumer debt .
[00:07:19.000 --> 00:07:23.000] In fact , it was not reported , but it was brought to court , and the court announced it .
[00:07:23.000 --> 00:07:26.000] According to the court , all their property was then sold ,
[00:07:26.000 --> 00:07:29.000] at least part of their debts were settled ,
[00:07:29.000 --> 00:07:32.000] and the rest of the debts were ann ull ed .
[00:07:32.000 --> 00:07:34.000] They will not be chased until the end of their lives .
[00:07:34.000 --> 00:07:38.000] They got the so - called " new opening ", they can start from the beginning .
[00:07:38.000 --> 00:07:41.000] If we compare it with the methods that were used previously ,
[00:07:41.000 --> 00:07:45.000] for example in ancient Rome , it looks quite civil ized ,
[00:07:45.000 --> 00:07:51.000] but it 's not , because in ancient Rome , debt ors lost their freedom and became slaves .
[00:07:51.000 --> 00:07:53.000] Do you agree that there is progress ?
[00:07:53.000 --> 00:07:58.000] There is progress , but I don 't know if there is anything to boast about .
[00:07:58.000 --> 00:08:02.000] The laws have been preserved , not only the laws ,
[00:08:02.000 --> 00:08:05.000] but also the court records from the disputes ,
[00:08:05.000 --> 00:08:09.000] just in the case of debts , in the case of slaves , and so on .
[00:08:09.000 --> 00:08:12.000] So we know perfectly well what the laws were ,
[00:08:12.000 --> 00:08:15.000] how they were done , a few simple examples .
[00:08:15.000 --> 00:08:19.000] You mentioned that once a debt or , for example , was enslaved .
[00:08:19.000 --> 00:08:22.000] Yes , but there was a big difference .
[00:08:22.000 --> 00:08:26.000] S lave s , especially debt ors , because I will not talk about other types of slaves here ,
[00:08:26.000 --> 00:08:30.000] it was not allowed to give your children away many times .
[00:08:30.000 --> 00:08:34.000] Although in the Bible , in this part of the Old Testament , there were prohib itions .
[00:08:34.000 --> 00:08:38.000] How many times could you give your child away for a debt ?
[00:08:38.000 --> 00:08:42.000] You could also give yourself away for a debt , or sort of work out those debts .
[00:08:42.000 --> 00:08:46.000] And there was also a constitutional limit described in the regulations ,
[00:08:46.000 --> 00:08:49.000] that you could not be enslaved longer than ...
[00:08:49.000 --> 00:08:53.000] And it dep ended on the period it was , because we saw that the regulations were changing ,
[00:08:53.000 --> 00:08:55.000] and from the country , from the culture .
[00:08:55.000 --> 00:08:58.000] So it was usually from a few , sometimes up to a dozen years .
[00:08:58.000 --> 00:09:03.000] So no matter how big your debt was , you were not allowed to keep more than , for example , five years .
[00:09:03.000 --> 00:09:06.000] And not only that , you were not allowed to kill , to torture ,
[00:09:06.000 --> 00:09:09.000] you were also not allowed to sexually abuse these women .
[00:09:09.000 --> 00:09:13.000] There was literally such a record , probably even from the Sum er ian period .
[00:09:13.000 --> 00:09:16.000] It was so very , very civil ized .
[00:09:16.000 --> 00:09:19.000] And now , let 's put it all together with what is cur r ently .
[00:09:19.000 --> 00:09:23.000] People today can literally owe themselves for generations .
[00:09:23.000 --> 00:09:27.000] Of course , you mentioned this institution of consumer decline .
[00:09:27.000 --> 00:09:32.000] It is a mistake to claim that the procedure automatically can c els debts .
[00:09:32.000 --> 00:09:35.000] It is also a mistake to assume that the entire debt is canceled .
[00:09:35.000 --> 00:09:38.000] Unfortunately , this is not how it works .
[00:09:38.000 --> 00:09:43.000] The institution of decline , in general , in the regulations , including consumer decline in particular ,
[00:09:43.000 --> 00:09:48.000] provides the possibility of settling debts , but never in its entirety , sir .
[00:09:48.000 --> 00:09:51.000] Here we give ourselves to the management .
[00:09:51.000 --> 00:09:53.000] Someone manages all our property , everything .
[00:09:53.000 --> 00:09:58.000] So if we totally lose everything , and in the times of slavery you did not lose your property .
[00:09:58.000 --> 00:10:00.000] Let him not take anything from you .
[00:10:00.000 --> 00:10:06.000] And now you had a choice to keep your entire property and work in a factory for a long time ,
[00:10:06.000 --> 00:10:10.000] I would not be surprised if most people chose these old - fashioned regulations .
[00:10:10.000 --> 00:10:14.000] Re cy cling it , rather than giving up the pro fit of your life .
[00:10:14.000 --> 00:10:17.000] The owner of the sl av e had to take care that he had ...
[00:10:17.000 --> 00:10:20.000] Exactly , it 's not that simple , sir .
[00:10:20.000 --> 00:10:24.000] He had to give him a flat , food , clothes .
[00:10:24.000 --> 00:10:26.000] It 's not that funny , you know .
[00:10:26.000 --> 00:10:31.000] I also saw the regulations , also from the old tablets , very , very , very old .
[00:10:31.000 --> 00:10:37.000] Where there was even a record that the slave could not be charged with any fees .
[00:10:37.000 --> 00:10:41.000] It was clear that people were comp osing in this way , that 's why a formal regulation came out .
[00:10:41.000 --> 00:10:47.000] Sorry , but if he 's your slave , you take a car for le asing , you have to pay for its operation .
[00:10:47.000 --> 00:10:50.000] The le asing provider will not pay you for it .
[00:10:50.000 --> 00:10:53.000] And this is very reasonable .
[00:10:53.000 --> 00:10:56.000] Let 's not be delighted with the cur r ent wonderful regulations .
[00:10:56.000 --> 00:11:01.000] And let 's not throw mud at our ancestors , who were not idiots at all , sir .
[00:11:01.000 --> 00:11:04.000] And in the economy , I think they had much healthier views .
[00:11:04.000 --> 00:11:07.000] And a classic example , that is , this pe asant .
[00:11:07.000 --> 00:11:14.000] The pe asant paid all his taxes , debts and debts in relation to various items ,
[00:11:14.000 --> 00:11:17.000] in the course of 1 to 3 months .
[00:11:17.000 --> 00:11:21.000] An average Pole has to pay it for 6 months .
[00:11:21.000 --> 00:11:24.000] And I 'm talking about an average Pole , who has no debts and so on .
[00:11:24.000 --> 00:11:28.000] Well , Mr . Mar ys iu , but it is said that a small debt is a debt or 's problem ,
[00:11:28.000 --> 00:11:32.000] and a large debt or a large debt is already a problem of the one who borrowed money .
[00:11:32.000 --> 00:11:34.000] It 's hard not to agree with it .
[00:11:34.000 --> 00:11:38.000] There are solutions like , for example , the banking information system .
[00:11:38.000 --> 00:11:40.000] There is a study of credibility .
[00:11:40.000 --> 00:11:43.000] I do not quite agree with you on the claim that you can borrow for generations .
[00:11:43.000 --> 00:11:49.000] Banks should ensure that our debts do not exceed a certain level , which we cannot pay later .
[00:11:49.000 --> 00:11:52.000] By chance , I worked in the central bank of the large bank ,
[00:11:52.000 --> 00:11:56.000] and on my floor in the central bank there was the so - called Department of Dif fic ult Credit .
[00:11:56.000 --> 00:11:58.000] That 's exactly what you 're talking about .
[00:11:58.000 --> 00:12:02.000] As far as I know , most of these most serious things
[00:12:02.000 --> 00:12:05.000] were actually the result of criminal activity .
[00:12:05.000 --> 00:12:09.000] Literally , bank directors were getting loans ,
[00:12:09.000 --> 00:12:12.000] which they knew by definition would never be paid .
[00:12:12.000 --> 00:12:15.000] And they were never supposed to be paid , to make it funny .
[00:12:15.000 --> 00:12:20.000] In fact , it 's not a problem , just a regular citizen , but a system problem .
[00:12:20.000 --> 00:12:22.000] As you say , banks should be watching .
[00:12:22.000 --> 00:12:24.000] Okay , but what should banks be watching ?
[00:12:24.000 --> 00:12:27.000] The bank is a fictional entity , sir .
[00:12:27.000 --> 00:12:29.000] This is what people are standing for .
[00:12:29.000 --> 00:12:32.000] And these people have specific interests .
[00:12:32.000 --> 00:12:36.000] If we talk even more about banks that do not have a specific owner ,
[00:12:36.000 --> 00:12:38.000] who would care that this bank was profitable ,
[00:12:38.000 --> 00:12:40.000] then it leads to paradox es .
[00:12:40.000 --> 00:12:43.000] If you add the whole political system to this ,
[00:12:43.000 --> 00:12:45.000] then it leads to paradox es .
[00:12:45.000 --> 00:12:47.000] So please look at what we 're discussing ,
[00:12:47.000 --> 00:12:49.000] all these scand als around the world ,
[00:12:49.000 --> 00:12:52.000] the bank 's bankruptcy in the US .
[00:12:52.000 --> 00:12:55.000] There were government institutions that were supposed to be watching ,
[00:12:55.000 --> 00:12:58.000] and those institutions were not .
[00:12:58.000 --> 00:13:00.000] And it came out beautifully in this scandal ,
[00:13:00.000 --> 00:13:03.000] which practically no one wrote about , sir .
[00:13:03.000 --> 00:13:07.000] Because the more loans there were , the better .
[00:13:07.000 --> 00:13:09.000] They had more money , sir .
[00:13:09.000 --> 00:13:11.000] And that these loans were completely fictional ,
[00:13:11.000 --> 00:13:13.000] they didn 't care about it anymore .
[00:13:13.000 --> 00:13:16.000] It is worth looking at the fact that the whole system ,
[00:13:16.000 --> 00:13:19.000] which is out of the control of the citizen ,
[00:13:19.000 --> 00:13:23.000] can be contaminated , sick , depressed .
[00:13:23.000 --> 00:13:26.000] I 'm afraid we can think about it
[00:13:26.000 --> 00:13:28.000] completely seriously , looking at the Polish financial system
[00:13:28.000 --> 00:13:32.000] and the Polish system of creating debts and repay ments .
[00:13:32.000 --> 00:13:36.000] The whole system causes dep ra vation and corruption
[00:13:36.000 --> 00:13:40.000] of people who are supposed to act on behalf of the citizens ,
[00:13:40.000 --> 00:13:42.000] on behalf of entrepreneurs .
[00:13:42.000 --> 00:13:45.000] Let 's take a break and come back to this topic in the third part of the broadcast .
[00:13:46.000 --> 00:13:49.000] P ARR OT TV
[00:13:49.000 --> 00:13:54.000] P ARR OT TV
[00:13:54.000 --> 00:13:59.000] P ARR OT TV
[00:13:59.000 --> 00:14:04.000] P ARR OT TV
[00:14:04.000 --> 00:14:09.000] P ARR OT TV
[00:14:09.000 --> 00:14:14.000] P ARR OT TV
[00:14:16.000 --> 00:14:19.000] Our broadcast " What 's the deal , Mr . Mar ius z ?"
[00:14:19.000 --> 00:14:22.000] Mar ius z S te f ani ak , economic and financial expert .
[00:14:22.000 --> 00:14:24.000] Today , the topic of debts , loans .
[00:14:24.000 --> 00:14:28.000] Let 's talk a little about the scale of debt in our country .
[00:14:28.000 --> 00:14:31.000] Driving somewhere in Western Europe , the United States ,
[00:14:31.000 --> 00:14:34.000] you can often see homeless people ,
[00:14:34.000 --> 00:14:36.000] deprived of any property ,
[00:14:36.000 --> 00:14:38.000] who are st aying on the streets .
[00:14:38.000 --> 00:14:39.000] We don 't have that yet .
[00:14:39.000 --> 00:14:41.000] Apparently we have about 30 , 000 homeless people ,
[00:14:41.000 --> 00:14:43.000] but they don 't show up .
[00:14:43.000 --> 00:14:46.000] Does this mean that our scale of poverty caused by ,
[00:14:46.000 --> 00:14:49.000] for example , debt is relatively small ?
[00:14:49.000 --> 00:14:51.000] What does it look like in other countries , Mr . Mar ius z ?
[00:14:51.000 --> 00:14:54.000] The fact that you don 't see mass homelessness
[00:14:54.000 --> 00:14:57.000] unfortunately doesn 't mean anything .
[00:14:57.000 --> 00:14:59.000] From my experience , it turns out ,
[00:14:59.000 --> 00:15:02.000] practically in all the statistics I 've seen ,
[00:15:02.000 --> 00:15:05.000] that we can easily multiply official data
[00:15:05.000 --> 00:15:07.000] by 2 , 3 or 5
[00:15:07.000 --> 00:15:10.000] if we want to know the scale of the phenomenon .
[00:15:10.000 --> 00:15:14.000] Let 's also add that many really homeless people
[00:15:14.000 --> 00:15:16.000] have houses and families
[00:15:16.000 --> 00:15:18.000] and they are not in the statistics ,
[00:15:18.000 --> 00:15:20.000] because they are not formally homeless ,
[00:15:20.000 --> 00:15:22.000] but in practice , unfortunately , they are .
[00:15:22.000 --> 00:15:24.000] Let 's add another element ,
[00:15:24.000 --> 00:15:26.000] that many people in need ,
[00:15:26.000 --> 00:15:28.000] for example , of the de bt ors ,
[00:15:28.000 --> 00:15:30.000] do not have their own apartment
[00:15:30.000 --> 00:15:33.000] and the gigantic number of Pol es ,
[00:15:33.000 --> 00:15:36.000] I would put it as hundreds of thousands of Pol es ,
[00:15:36.000 --> 00:15:38.000] is on the border of homelessness ,
[00:15:38.000 --> 00:15:42.000] although most of them don 't even know about it .
[00:15:42.000 --> 00:15:44.000] How does it happen ?
[00:15:44.000 --> 00:15:45.000] Very simple .
[00:15:45.000 --> 00:15:47.000] An example , 2008 USA .
[00:15:47.000 --> 00:15:50.000] Suddenly , the number of homeless people jumped rapidly .
[00:15:50.000 --> 00:15:53.000] It turned out that due to this crisis ,
[00:15:53.000 --> 00:15:55.000] this speculation bubble ,
[00:15:55.000 --> 00:15:57.000] most people didn 't have money
[00:15:57.000 --> 00:15:59.000] for the houses they lived in .
[00:15:59.000 --> 00:16:01.000] They ended up on the street .
[00:16:01.000 --> 00:16:03.000] Banks took their houses , right ?
[00:16:03.000 --> 00:16:04.000] Exactly !
[00:16:04.000 --> 00:16:06.000] Now let 's look at the data in Poland .
[00:16:06.000 --> 00:16:09.000] How many apartments are bought on credit ?
[00:16:09.000 --> 00:16:10.000] I think the majority .
[00:16:10.000 --> 00:16:12.000] The vast majority , that 's right .
[00:16:12.000 --> 00:16:13.000] Another question .
[00:16:13.000 --> 00:16:15.000] How many percent of these people
[00:16:15.000 --> 00:16:17.000] could pay off this loan ,
[00:16:17.000 --> 00:16:20.000] if suddenly we also had such a crash ?
[00:16:20.000 --> 00:16:22.000] These are very real things .
[00:16:22.000 --> 00:16:24.000] It takes literally a few days
[00:16:24.000 --> 00:16:26.000] for something like this to happen .
[00:16:26.000 --> 00:16:28.000] A crash on the housing market ,
[00:16:28.000 --> 00:16:30.000] like in the United States ,
[00:16:30.000 --> 00:16:32.000] would suddenly make us out of 30
[00:16:32.000 --> 00:16:34.000] 300 , 000 homeless people ,
[00:16:34.000 --> 00:16:35.000] maybe even more .
[00:16:35.000 --> 00:16:38.000] This can have very important social consequences .
[00:16:38.000 --> 00:16:40.000] Because homeless people ,
[00:16:40.000 --> 00:16:42.000] people deprived of property ,
[00:16:42.000 --> 00:16:43.000] which is probably natural ,
[00:16:43.000 --> 00:16:45.000] are more likely to commit crimes ,
[00:16:45.000 --> 00:16:47.000] because they are desperate .
[00:16:47.000 --> 00:16:49.000] Isn 't it in our interest
[00:16:49.000 --> 00:16:51.000] to keep the streets calm ,
[00:16:51.000 --> 00:16:54.000] to control this phenomenon of mass decline ?
[00:16:54.000 --> 00:16:57.000] Have you ever heard of a homeless gang ?
[00:16:57.000 --> 00:16:59.000] Most crimes are not committed by
[00:16:59.000 --> 00:17:00.000] bank ru pt or homeless people ,
[00:17:00.000 --> 00:17:02.000] but by people living in social housing ,
[00:17:02.000 --> 00:17:03.000] living on the streets ,
[00:17:03.000 --> 00:17:05.000] from broken families , sir .
[00:17:05.000 --> 00:17:07.000] These are children of lonely mothers ,
[00:17:07.000 --> 00:17:08.000] raised without fathers .
[00:17:08.000 --> 00:17:09.000] They are in prison ,
[00:17:09.000 --> 00:17:11.000] and they get add ic ted .
[00:17:11.000 --> 00:17:13.000] And it 's these drug addict s
[00:17:13.000 --> 00:17:15.000] who attack you on the street .
[00:17:15.000 --> 00:17:17.000] The statistics are so crushing ,
[00:17:17.000 --> 00:17:19.000] that it 's hard to believe
[00:17:19.000 --> 00:17:20.000] that no one does anything about it ,
[00:17:20.000 --> 00:17:22.000] and even most people don 't talk about it .
[00:17:22.000 --> 00:17:24.000] I will quote , for example ,
[00:17:24.000 --> 00:17:25.000] the University of S iles ia ,
[00:17:25.000 --> 00:17:27.000] which has published a scientific paper .
[00:17:27.000 --> 00:17:30.000] The current father of a family of minor criminals ,
[00:17:30.000 --> 00:17:32.000] they say , among other things ,
[00:17:32.000 --> 00:17:36.000] that 73 . 33 % of minor criminals
[00:17:36.000 --> 00:17:39.000] have experienced the loss of their father in their life .
[00:17:39.000 --> 00:17:41.000] If you want to talk about crime ,
[00:17:41.000 --> 00:17:44.000] then talk about broken families .
[00:17:44.000 --> 00:17:46.000] I don 't know if I 've ever been upset
[00:17:46.000 --> 00:17:48.000] about how people blame the government
[00:17:48.000 --> 00:17:50.000] for their financial misf ortun es .
[00:17:50.000 --> 00:17:52.000] It 's exactly the same .
[00:17:52.000 --> 00:17:54.000] Why don 't you talk about it in public ?
[00:17:54.000 --> 00:17:55.000] Why don 't you look for reasons
[00:17:55.000 --> 00:17:56.000] and don 't fight it ?
[00:17:56.000 --> 00:17:58.000] It doesn 't make any sense .
[00:17:58.000 --> 00:18:00.000] The government can 't do it .
[00:18:00.000 --> 00:18:01.000] This is , unfortunately , a situation
[00:18:01.000 --> 00:18:04.000] when a politician starts to govern the economy .
[00:18:04.000 --> 00:18:06.000] This is what I fundamentally disagree with .
[00:18:06.000 --> 00:18:10.000] To allow politicians to govern , sir .
[00:18:10.000 --> 00:18:12.000] A politician is not suitable for governance ,
[00:18:12.000 --> 00:18:13.000] because he has no idea
[00:18:13.000 --> 00:18:15.000] about management or economy .
[00:18:15.000 --> 00:18:17.000] They just don 't know about it .
[00:18:17.000 --> 00:18:19.000] The only question is when there will be a drama ,
[00:18:19.000 --> 00:18:21.000] and not whether there will be a drama .
[00:18:21.000 --> 00:18:22.000] Because there is no method
[00:18:22.000 --> 00:18:24.000] to make it work well .
[00:18:24.000 --> 00:18:26.000] Mr . Mar ius z , but I will ask you ,
[00:18:26.000 --> 00:18:28.000] about our current situation .
[00:18:28.000 --> 00:18:30.000] You yourself mentioned a moment ago
[00:18:30.000 --> 00:18:32.000] that maybe we will be in a bankruptcy ,
[00:18:32.000 --> 00:18:34.000] which will end with banks taking
[00:18:34.000 --> 00:18:36.000] houses , apartments from people
[00:18:36.000 --> 00:18:37.000] who are mort g aged .
[00:18:37.000 --> 00:18:39.000] The Polish Bank ing Association
[00:18:39.000 --> 00:18:41.000] is demanding to resign from credit holidays ,
[00:18:41.000 --> 00:18:43.000] because it argues that until now
[00:18:43.000 --> 00:18:45.000] Pol es have not used the money
[00:18:45.000 --> 00:18:47.000] they were given to buy
[00:18:47.000 --> 00:18:48.000] some unnecessary things ,
[00:18:48.000 --> 00:18:50.000] they just either over paid their loans
[00:18:50.000 --> 00:18:53.000] or made a savings .
[00:18:53.000 --> 00:18:55.000] Meanwhile , our declining government
[00:18:55.000 --> 00:18:57.000] wants these holidays next year ,
[00:18:57.000 --> 00:18:59.000] because it explains that
[00:18:59.000 --> 00:19:01.000] we are in danger of bankruptcy .
[00:19:01.000 --> 00:19:03.000] So , on whose side should the state stand ?
[00:19:03.000 --> 00:19:05.000] On the side of banks or on the side of people ?
[00:19:05.000 --> 00:19:07.000] Should we simply not interfere
[00:19:07.000 --> 00:19:08.000] in such things ?
[00:19:08.000 --> 00:19:10.000] You know my opinion about credit holidays
[00:19:10.000 --> 00:19:12.000] and other popul ist measures
[00:19:12.000 --> 00:19:14.000] that destroy the economy .
[00:19:14.000 --> 00:19:16.000] Yes , they only delay the sentence , right ?
[00:19:16.000 --> 00:19:18.000] Not only delay ,
[00:19:18.000 --> 00:19:20.000] they also wor sen the whole situation ,
[00:19:20.000 --> 00:19:22.000] because they teach people
[00:19:22.000 --> 00:19:24.000] to behave in a normal , irrational way .
[00:19:24.000 --> 00:19:26.000] The only situation
[00:19:26.000 --> 00:19:28.000] I would support
[00:19:28.000 --> 00:19:30.000] is something called
[00:19:30.000 --> 00:19:32.000] an economic lever .
[00:19:32.000 --> 00:19:34.000] It means a situation
[00:19:34.000 --> 00:19:36.000] when an entity is in debt
[00:19:36.000 --> 00:19:38.000] to increase the efficiency
[00:19:38.000 --> 00:19:40.000] of its capital .
[00:19:40.000 --> 00:19:42.000] To put it wisely ,
[00:19:42.000 --> 00:19:44.000] it is a situation
[00:19:44.000 --> 00:19:46.000] when we borrow money
[00:19:46.000 --> 00:19:48.000] to achieve higher profits
[00:19:48.000 --> 00:19:50.000] from our activities .
[00:19:50.000 --> 00:19:52.000] Let 's take a look at the scale .
[00:19:52.000 --> 00:19:54.000] You had one shop ,
[00:19:54.000 --> 00:19:56.000] but thanks to the credit you open three shops .
[00:19:56.000 --> 00:19:58.000] You earn 20 % per year .
[00:19:58.000 --> 00:20:00.000] The credit costs you 10 % per year ,
[00:20:00.000 --> 00:20:02.000] so you get 10 % of each shop
[00:20:02.000 --> 00:20:04.000] for free .
[00:20:04.000 --> 00:20:06.000] Only it works
[00:20:06.000 --> 00:20:08.000] when your calculations
[00:20:08.000 --> 00:20:10.000] are correct
[00:20:10.000 --> 00:20:12.000] and nothing unexpected happens .
[00:20:12.000 --> 00:20:14.000] You pay an increased risk
[00:20:14.000 --> 00:20:16.000] for this extraordinary profit .
[00:20:16.000 --> 00:20:18.000] So if it 's good ,
[00:20:18.000 --> 00:20:20.000] it 's going to be very good .
[00:20:20.000 --> 00:20:22.000] But if it 's bad , it 's going to be very bad .
[00:20:22.000 --> 00:20:24.000] That 's why if you borrow
[00:20:24.000 --> 00:20:26.000] to open a layer
[00:20:26.000 --> 00:20:28.000] of the mechanism
[00:20:28.000 --> 00:20:30.000] where you will earn a lot of money ,
[00:20:30.000 --> 00:20:32.000] very wisely ,
[00:20:32.000 --> 00:20:34.000] but on the other hand ,
[00:20:34.000 --> 00:20:36.000] if you borrow to have a nicer apartment ,
[00:20:36.000 --> 00:20:38.000] a nicer car ,
[00:20:38.000 --> 00:20:40.000] I 'm sorry ,
[00:20:40.000 --> 00:20:42.000] you are economic ill iter ates .
[00:20:42.000 --> 00:20:44.000] What you deserve
[00:20:44.000 --> 00:20:46.000] is the violation
[00:20:46.000 --> 00:20:48.000] of the law .
[00:20:48.000 --> 00:20:50.000] Thank you very much for today 's conversation .
[00:20:50.000 --> 00:20:52.000] Mar ius z Stef ani ak , economist ,
[00:20:52.000 --> 00:20:54.000] financial expert , our expert .
[00:20:54.000 --> 00:20:56.000] Thank you .
[00:20:56.000 --> 00:20:58.000] And Kr z ysz to f Stra uch man ,
[00:20:58.000 --> 00:21:00.000] who gave the hearing .
[00:21:00.000 --> 00:21:02.000] See you .
[00:21:02.000 --> 00:21:04.000] In Ch o ? az y and the area
[00:21:04.000 --> 00:21:06.000] 105 and 2 .
[00:21:06.000 --> 00:21:08.000] P ARR OT TV
[00:21:08.000 --> 00:21:10.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the deal , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's the deal , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:18.000] Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:18.000 --> 00:00:22.000] Today we share with you our reflections on how easily you can be deceived .
[00:00:22.000 --> 00:00:24.000] What did you hear there again ?
[00:00:24.000 --> 00:00:28.000] I heard that we have to pay for the dec oding of a lady named Kat ar zy na P .
[00:00:28.000 --> 00:00:32.000] Pro ced ural reasons prohib it us from using her full name here .
[00:00:32.000 --> 00:00:37.000] She is a co - creat or of the financial pyramid " U mber go ld ", a very famous affair 10 years ago .
[00:00:37.000 --> 00:00:42.000] Mrs . Kat ar zy na P . is to receive 6 , 500 euros , actually from us , from the state treasury ,
[00:00:42.000 --> 00:00:47.000] for sitting 6 , 5 years without a court order in a temporary arrest .
[00:00:47.000 --> 00:00:52.000] The European Court of Justice has decided that this is an irre f utable ly long time .
[00:00:52.000 --> 00:00:53.000] Who did wrong here ?
[00:00:53.000 --> 00:00:59.000] Polish justice system chasing a fraud or European justice system defending fraud ?
[00:00:59.000 --> 00:01:03.000] You know , it 's hard for me to comment on the judiciary , because it 's not my special ization ,
[00:01:03.000 --> 00:01:06.000] but I can refer to the economic aspect .
[00:01:06.000 --> 00:01:11.000] The very situation that obvious fraud s have been working for years
[00:01:11.000 --> 00:01:15.000] and despite many reports damaged , no one takes action .
[00:01:15.000 --> 00:01:19.000] This is a signal that the state is doing badly .
[00:01:19.000 --> 00:01:23.000] It 's a signal on every level , from social foundations to the highest levels of executive power ,
[00:01:23.000 --> 00:01:25.000] judiciary , judiciary .
[00:01:25.000 --> 00:01:29.000] Only people are looking for escape with capital from inflation ,
[00:01:29.000 --> 00:01:32.000] because they don 't want to be robbed by inflation .
[00:01:32.000 --> 00:01:34.000] Read by the government , of course .
[00:01:34.000 --> 00:01:38.000] But they fall into the hands of even bigger thieves .
[00:01:38.000 --> 00:01:40.000] It 's like hunting with a t ar get .
[00:01:40.000 --> 00:01:42.000] A frightened animal that runs away from noise ,
[00:01:42.000 --> 00:01:45.000] falls under the gun fire of hunters .
[00:01:45.000 --> 00:01:48.000] I noticed this pattern in the economy of all countries ,
[00:01:48.000 --> 00:01:50.000] where the state doesn 't work in the interest of the citizens ,
[00:01:50.000 --> 00:01:55.000] but the elite of ruling and financing or even buying politicians .
[00:01:55.000 --> 00:01:58.000] Today 's topic will be especially important for the listeners
[00:01:58.000 --> 00:02:02.000] and will be an opportunity for us to give a few practical tips
[00:02:02.000 --> 00:02:06.000] on how to protect yourself from sc ammers , where to look for help .
[00:02:06.000 --> 00:02:08.000] We 'll come back to this at the end of our broadcast .
[00:02:08.000 --> 00:02:10.000] First , I have a set of questions for you .
[00:02:10.000 --> 00:02:13.000] We talked about compensation for Kat ar zy na P .,
[00:02:13.000 --> 00:02:18.000] but it 's not the only financial consequences of the state 's failure in the U mb er Gold case .
[00:02:18.000 --> 00:02:23.000] Because earlier the court admitted the compensation of 20 million for 200 people
[00:02:23.000 --> 00:02:27.000] who invested in U mber Gold and lost their money .
[00:02:27.000 --> 00:02:31.000] The court found that the state bodies were too late to deal with sc ammers ,
[00:02:31.000 --> 00:02:36.000] too late to take action to punish these sc ammers .
[00:02:36.000 --> 00:02:40.000] The basic question that has been asked several times in this broadcast .
[00:02:40.000 --> 00:02:44.000] Should we be responsible for the consequences of our financial decisions ourselves
[00:02:44.000 --> 00:02:47.000] or should we look at some kind of state security umbrella ?
[00:02:47.000 --> 00:02:51.000] Do sc ammers who have been deceived have to lose their money
[00:02:51.000 --> 00:02:53.000] or do all tax p ay ers answer ?
[00:02:53.000 --> 00:02:55.000] I would answer in two ways .
[00:02:55.000 --> 00:02:59.000] One is the ancient Roman saying " bu y and be ware ".
[00:02:59.000 --> 00:03:03.000] As you said , our interest is to protect our property .
[00:03:03.000 --> 00:03:07.000] Unfortunately , being an intelligent and experienced man
[00:03:07.000 --> 00:03:10.000] who works in the media world knows perfectly well
[00:03:10.000 --> 00:03:14.000] that it 's not about us being careless or stupid ,
[00:03:14.000 --> 00:03:17.000] but we 're dealing with something much bigger .
[00:03:17.000 --> 00:03:21.000] Let 's be honest , in such situations , in such affairs ,
[00:03:21.000 --> 00:03:25.000] no one will be convicted of the crimes except for the so - called " p ill ars ".
[00:03:25.000 --> 00:03:29.000] These are people who are purpose fully put in front of sc ammers
[00:03:29.000 --> 00:03:31.000] to be chased .
[00:03:31.000 --> 00:03:34.000] And the bosses , i . e . the brain of the whole operation ,
[00:03:34.000 --> 00:03:37.000] most often organized groups , the whole mafia ,
[00:03:37.000 --> 00:03:41.000] use only stolen money and do not pose any responsibility at all .
[00:03:41.000 --> 00:03:45.000] No one ever bl ames them .
[00:03:45.000 --> 00:03:50.000] For decades , we have had systematic , gigantic fraud s in Poland .
[00:03:50.000 --> 00:03:53.000] The system is such that politicians , consciously or not ,
[00:03:53.000 --> 00:03:56.000] create a place that is friendly to the thief .
[00:03:56.000 --> 00:03:58.000] Who is talking about fraud ?
[00:03:58.000 --> 00:04:02.000] The police command ant from the transport deton ates a grenade launcher in his own office ?
[00:04:02.000 --> 00:04:04.000] The grenade launcher ?
[00:04:04.000 --> 00:04:06.000] It wasn 't even released , of course .
[00:04:06.000 --> 00:04:09.000] Do you expect such people to be chased by some organized groups ,
[00:04:09.000 --> 00:04:13.000] some mafia , some gigantic , billion - dollar fraud s ?
[00:04:13.000 --> 00:04:16.000] Well , recently I read the information that leaked from the police ,
[00:04:16.000 --> 00:04:20.000] where they themselves admit that they are a complete failure
[00:04:20.000 --> 00:04:23.000] in gaining new staff .
[00:04:23.000 --> 00:04:26.000] No one respects them and doesn 't want to work there ,
[00:04:26.000 --> 00:04:29.000] because people are ashamed to work in the police .
[00:04:29.000 --> 00:04:32.000] This is probably a complete failure .
[00:04:32.000 --> 00:04:35.000] When I visit different countries , and you probably do the same ,
[00:04:35.000 --> 00:04:38.000] we inadvert ently notice how the police works there .
[00:04:38.000 --> 00:04:42.000] And it is either part of the criminal system , like in Ukraine , for example ,
[00:04:42.000 --> 00:04:46.000] where they always had some money in their pockets for the police .
[00:04:46.000 --> 00:04:48.000] This is a system .
[00:04:48.000 --> 00:04:50.000] Another example could be , for example , Japan .
[00:04:50.000 --> 00:04:53.000] If you want to ask someone about something , ask the police ,
[00:04:53.000 --> 00:04:56.000] because it is the safest , smartest , most sensible .
[00:04:56.000 --> 00:05:00.000] Everyone will know whether the police is there to give mandates ,
[00:05:00.000 --> 00:05:03.000] to chase ordinary citizens , not criminals ,
[00:05:03.000 --> 00:05:07.000] or maybe just to chase criminals and help citizens .
[00:05:07.000 --> 00:05:12.000] Let 's remember what a policeman looked like and where he was .
[00:05:12.000 --> 00:05:15.000] They only stood at the intersection , guided traffic , were on the streets ,
[00:05:15.000 --> 00:05:17.000] because where they were needed .
[00:05:17.000 --> 00:05:20.000] They didn 't give any mandates , there was no such idea at all .
[00:05:20.000 --> 00:05:22.000] He was in charge of the order .
[00:05:22.000 --> 00:05:24.000] And now you won 't see a policeman on the street ,
[00:05:24.000 --> 00:05:27.000] let alone at the intersection , unless it 's a big parade ,
[00:05:27.000 --> 00:05:30.000] or some really mac ab re , big accident .
[00:05:30.000 --> 00:05:32.000] This is how the role of the police has changed .
[00:05:32.000 --> 00:05:34.000] That 's why people are ashamed to be in the police .
[00:05:34.000 --> 00:05:36.000] Po op , drinking , dr unken ness .
[00:05:36.000 --> 00:05:40.000] Other state institutions also function ed in the Amber Gold affair ,
[00:05:40.000 --> 00:05:42.000] such as the Financial Super vision Commission ,
[00:05:42.000 --> 00:05:44.000] which should prevent such a situation .
[00:05:44.000 --> 00:05:46.000] Before there is such a scale of fraud ,
[00:05:46.000 --> 00:05:50.000] the Financial Super vision Commission publish es some public warnings ,
[00:05:50.000 --> 00:05:52.000] warn s people against suspicious films .
[00:05:52.000 --> 00:05:54.000] Why didn 't it work then ?
[00:05:54.000 --> 00:05:58.000] Let 's remember the simple rule - the fish breaks its head .
[00:05:58.000 --> 00:06:01.000] In the Amber Gold affair , you probably realize
[00:06:01.000 --> 00:06:05.000] how well - d ocumented the participation of people
[00:06:05.000 --> 00:06:09.000] at various levels related to various control services is .
[00:06:09.000 --> 00:06:11.000] Whether it 's the tax authorities ,
[00:06:11.000 --> 00:06:15.000] whether it 's the special services , some AB W , C B ? ? , police .
[00:06:15.000 --> 00:06:19.000] These people were more or less involved
[00:06:19.000 --> 00:06:23.000] in the fact that this affair could have lasted so many years
[00:06:23.000 --> 00:06:27.000] and could have stolen so many tens of millions of people .
[00:06:27.000 --> 00:06:32.000] Do you remember our hearing about this residential speculation bank in the United States ?
[00:06:32.000 --> 00:06:36.000] The foundation of this bank was a special agency
[00:06:36.000 --> 00:06:39.000] called to rate these bonds .
[00:06:39.000 --> 00:06:41.000] It was they who actually stood behind it .
[00:06:41.000 --> 00:06:45.000] They gave high ratings , sometimes at the highest level ,
[00:06:45.000 --> 00:06:48.000] to securities that were just garbage .
[00:06:48.000 --> 00:06:53.000] Here we have systemic errors that lead to gigantic twists and turns .
[00:06:53.000 --> 00:06:59.000] Because it 's impossible to steal hundreds of millions of z lot ys from thousands of people
[00:06:59.000 --> 00:07:03.000] without the support of the appropriate authorities .
[00:07:03.000 --> 00:07:06.000] It 's not that everyone was a criminal there ,
[00:07:06.000 --> 00:07:09.000] but some people turned their heads when they felt comfortable and profitable .
[00:07:09.000 --> 00:07:13.000] We 'll come back to the topic of financial pyram ids and how they work after the break ,
[00:07:13.000 --> 00:07:15.000] which I invite you to .
[00:07:16.000 --> 00:07:19.000] P ARR OT TV
[00:07:19.000 --> 00:07:22.000] P ARR OT TV
[00:07:47.000 --> 00:07:49.000] Ladies and gentlemen , Mr . Mar ius z , Mar ius z Stef ani ak ,
[00:07:49.000 --> 00:07:52.000] economist , financi er , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:07:52.000 --> 00:07:56.000] Today we share with you our reflections on how easily you can be deceived .
[00:07:56.000 --> 00:08:00.000] Financial pyram ids are an old invention , they have been working for a long time .
[00:08:00.000 --> 00:08:04.000] It is an invention that is still effective , someone can still get it .
[00:08:04.000 --> 00:08:08.000] You said that people run away from inflation with their money .
[00:08:08.000 --> 00:08:11.000] But 10 years ago , inflation was not that high .
[00:08:11.000 --> 00:08:15.000] Did the desire for earnings and greed decide then ?
[00:08:15.000 --> 00:08:20.000] Why do we still easily believe in the in it ial profits offered by very suspicious companies ?
[00:08:20.000 --> 00:08:23.000] Well , why do we play L otto , for example ?
[00:08:23.000 --> 00:08:29.000] The chances of winning are 13 , 98 3 , 8 16 .
[00:08:29.000 --> 00:08:33.000] To win , you would have to spend 42 billion z lot ys .
[00:08:33.000 --> 00:08:35.000] And people play . Why ?
[00:08:35.000 --> 00:08:36.000] Because they lose little .
[00:08:36.000 --> 00:08:37.000] Yes , you are right .
[00:08:37.000 --> 00:08:42.000] This shows a certain scheme , because to understand a big scam , you have to understand a small scam .
[00:08:42.000 --> 00:08:45.000] There is a psychological aspect , ignorance of economics and mathematics .
[00:08:45.000 --> 00:08:47.000] The next aspect is a bit more serious .
[00:08:47.000 --> 00:08:52.000] Because such a lot to reveals that poor people go there most often .
[00:08:52.000 --> 00:08:56.000] No chance for big money gained from their skills .
[00:08:56.000 --> 00:09:00.000] Just as we talked about China and their gigantic housing scam .
[00:09:00.000 --> 00:09:04.000] Why did people invest their savings and not just their own ?
[00:09:04.000 --> 00:09:09.000] So there they lost not only their money , but the money of the whole family , cousins , uncles , etc .
[00:09:09.000 --> 00:09:15.000] Why ? Because they have no other chance of saving or multiplying their money .
[00:09:15.000 --> 00:09:19.000] That 's what it 's about . Because the state does not give them such a chance .
[00:09:19.000 --> 00:09:28.000] Poland has one of the most difficult , most complex and least friendly regulations in the entire European Union .
[00:09:28.000 --> 00:09:33.000] Don 't be surprised if people have some options and someone says ,
[00:09:33.000 --> 00:09:40.000] " Listen , you can earn here as much as you would run a business , which is a drama in Poland , a nightmare ."
[00:09:40.000 --> 00:09:45.000] People , just like in the lot to , if there is something poor , what chance does he have to get a million z lot ys ?
[00:09:45.000 --> 00:09:47.000] Oh , it 's hard .
[00:09:47.000 --> 00:09:51.000] None . So what 's left for him ? People do it out of desperation .
[00:09:51.000 --> 00:09:57.000] So again , the bad government , stupid bri bery of the officials , is a scheme to our response .
[00:09:57.000 --> 00:10:03.000] But companies like Amber go ld devote a lot of money and attention to building their positive image .
[00:10:03.000 --> 00:10:11.000] Amber go ld for a long time was a widely respected company , which was famous , there was a lot of positive information about it .
[00:10:11.000 --> 00:10:15.000] Anyway , it 's a fairly common mechanism , because many companies of this kind , for example ,
[00:10:15.000 --> 00:10:18.000] hire famous people to their commercials , actors , politicians .
[00:10:18.000 --> 00:10:20.000] Do these people really not know what they are participating in ?
[00:10:20.000 --> 00:10:22.000] I would ask a different question .
[00:10:22.000 --> 00:10:28.000] Why didn 't they care what they were participating in and was it fair or maybe not ?
[00:10:28.000 --> 00:10:31.000] Maybe I 'll give you some world - f amous examples .
[00:10:31.000 --> 00:10:37.000] An infamous character of a super - f amous producer who was behind Mir ama x ,
[00:10:37.000 --> 00:10:43.000] that is Harvey Wein stein , who used sexually more beautiful actress es on a mass and system basis .
[00:10:43.000 --> 00:10:49.000] Literally everyone in the show business knew about it for decades .
[00:10:49.000 --> 00:10:53.000] And this is the most important thing , ladies and gentlemen , to remember , because it 's not somehow talked about , it 's hidden .
[00:10:53.000 --> 00:10:57.000] Everyone praised him publicly and , fun n ily enough ,
[00:10:57.000 --> 00:11:06.000] practically all of his victims gave him public thanks , for example , when he won film awards .
[00:11:06.000 --> 00:11:10.000] Now , of course , they are considered great victims , and this guy is in prison .
[00:11:10.000 --> 00:11:14.000] Let 's look more broadly at such phenomena , path ological phenomena .
[00:11:14.000 --> 00:11:18.000] It 's everywhere . Do you think nothing like this has happened in Poland ?
[00:11:18.000 --> 00:11:22.000] I don 't have any evidence , but I suspect that such situations have certainly happened .
[00:11:22.000 --> 00:11:28.000] I think that this is much more than just " ha pp ened ", because people are the same everywhere .
[00:11:28.000 --> 00:11:31.000] They have the same tendency to easy money .
[00:11:31.000 --> 00:11:34.000] There is only one difference , ladies and gentlemen .
[00:11:34.000 --> 00:11:39.000] Social consent for such actions and for the consequences in the case of catching .
[00:11:39.000 --> 00:11:43.000] In our country , being a thief , liar or fraud ster has practically no consequences .
[00:11:43.000 --> 00:11:46.000] You can be in the government or the Se jm for years .
[00:11:46.000 --> 00:11:49.000] Let me remind you of the famous case of S owa and her friends .
[00:11:49.000 --> 00:11:53.000] High ly - rank ed people , also from the government , said scand alous things .
[00:11:53.000 --> 00:11:55.000] And do you know who was the only conv ict ?
[00:11:55.000 --> 00:11:56.000] Yes , Kell ner .
[00:11:56.000 --> 00:11:58.000] That 's why we have these cases .
[00:11:58.000 --> 00:12:02.000] And so the only conv ict will be a couple of co gs or some Kell ner .
[00:12:02.000 --> 00:12:08.000] But not those who really did nasty things and benefited from it .
[00:12:08.000 --> 00:12:13.000] Mr . Mar ius z , ten years ago , when the Amber Gold case broke out , there were not many such cases .
[00:12:13.000 --> 00:12:19.000] At that time , there were probably 18 , 000 people injured , who lost a total of 8 50 million z lot ys .
[00:12:19.000 --> 00:12:22.000] Indeed , these are figures that make a big impression .
[00:12:22.000 --> 00:12:25.000] But now the whole thing and the whole procedure has made us more common .
[00:12:25.000 --> 00:12:28.000] Actually , at any moment , each of us can become a victim of fraud .
[00:12:28.000 --> 00:12:31.000] Because we get all kinds of emails , phones .
[00:12:31.000 --> 00:12:34.000] We have to keep an eye on each other all the time so that someone does not reveal their personal data .
[00:12:34.000 --> 00:12:38.000] So that something does not happen , as a result of which we lose money .
[00:12:38.000 --> 00:12:41.000] It has become institutional .
[00:12:41.000 --> 00:12:47.000] Are international police organizations not able to deal with such crime ?
[00:12:47.000 --> 00:12:48.000] Of course not .
[00:12:48.000 --> 00:12:51.000] And they have no chance of it .
[00:12:51.000 --> 00:12:55.000] The police have no chance of dealing with it effectively .
[00:12:55.000 --> 00:12:59.000] For you , I can give you one aspect , which I can say .
[00:12:59.000 --> 00:13:08.000] That is , politically , business - wise , the police are , to put it mild ly , discouraged from catching certain criminals .
[00:13:08.000 --> 00:13:11.000] And even from getting involved in certain crimes .
[00:13:11.000 --> 00:13:14.000] And they are rewarded for not doing it .
[00:13:14.000 --> 00:13:16.000] Or let 's say they do it ind isc rimin ately .
[00:13:16.000 --> 00:13:20.000] They will not complete all the activities or they will not try very hard .
[00:13:20.000 --> 00:13:23.000] Let 's always ask ourselves a question .
[00:13:23.000 --> 00:13:28.000] Does our society tolerate dishon esty , fraud , lying , theft ?
[00:13:28.000 --> 00:13:34.000] And what consequences will people who will be associated with it , will be caught ?
[00:13:34.000 --> 00:13:38.000] Well , it seems to me that we feel more and more powerless .
[00:13:38.000 --> 00:13:44.000] It anno ys us , we are irritated by fraud , but I have not heard of cases of de ce ived people .
[00:13:44.000 --> 00:13:46.000] Usually , the petals fall .
[00:13:46.000 --> 00:13:50.000] Let me tell you a joke that I personally enjoy a lot .
[00:13:50.000 --> 00:13:57.000] How a tourist walks and suddenly sees a p oo l , next to which sits such a beautiful shepherd 's dog .
[00:13:57.000 --> 00:13:59.000] So big and white .
[00:13:59.000 --> 00:14:00.000] Pod hal a ? ski Shepherd .
[00:14:00.000 --> 00:14:01.000] Beauty .
[00:14:01.000 --> 00:14:07.000] Only that this dog is terribly sniff ing , but also his heart is pounding .
[00:14:07.000 --> 00:14:12.000] And this shepherd is completely un mo ved , he is poking a fire cr acker and does not pay attention to it at all .
[00:14:12.000 --> 00:14:16.000] The tourist was so intrigued by it that he could not stand it and went to the shepherd and said ,
[00:14:16.000 --> 00:14:24.000] " Well , shepherd , what 's going on ? The dog is sniff ing you terribly , I can 't listen to it , and you are not doing anything here ?"
[00:14:24.000 --> 00:14:27.000] " What am I supposed to do at night ? The dog sat on the nail ."
[00:14:27.000 --> 00:14:30.000] " So why won 't it get up ?"
[00:14:30.000 --> 00:14:33.000] And the shepherd looks at him with wisdom .
[00:14:33.000 --> 00:14:39.000] " Or mister , this is how it is in the world . Either a dog is too lazy or a nail is too blunt ."
[00:14:39.000 --> 00:14:43.000] Maybe we are just not stolen enough , not enough honest .
[00:14:43.000 --> 00:14:47.000] There is also not enough of this still in abil ity ,
[00:14:47.000 --> 00:14:52.000] purpose ful or fake inability of officials , polic emen , politicians .
[00:14:52.000 --> 00:14:56.000] Maybe this nail is just not sharp enough .
[00:14:56.000 --> 00:15:02.000] We still accept it and we still do not want to move our famous four letters ,
[00:15:02.000 --> 00:15:04.000] so that this nail stops sticking in .
[00:15:04.000 --> 00:15:09.000] Because let 's not count on someone to come up with a brilliant idea on their own .
[00:15:09.000 --> 00:15:14.000] That we will get to work , we will be strong in the center , we will be honest , we will not steal , we will not take b rib es .
[00:15:14.000 --> 00:15:16.000] The world does not work like that .
[00:15:16.000 --> 00:15:21.000] So as long as there is no social , very strong pressure ,
[00:15:21.000 --> 00:15:27.000] forcing effects , for example , from officials , politicians , polic emen , from mass media ,
[00:15:27.000 --> 00:15:33.000] there is no other method than waiting for the next scandal , because it will be , ladies and gentlemen .
[00:15:33.000 --> 00:15:35.000] Mr . Mar ius z , it 's time for the second break .
[00:15:35.000 --> 00:15:36.000] The second break .
[00:15:37.000 --> 00:15:38.000] The second break .
[00:15:39.000 --> 00:15:40.000] The second break .
[00:15:40.000 --> 00:15:41.000] The second break .
[00:16:08.000 --> 00:16:10.000] This is " G ran ie ", Mr . Mar ius z .
[00:16:10.000 --> 00:16:13.000] We 're back to the subject of financial pyram ids , big sc ams .
[00:16:13.000 --> 00:16:17.000] I personally have the impression that modern technology is a bit of a help to sc ammers ,
[00:16:17.000 --> 00:16:21.000] who are doing great on the Internet .
[00:16:21.000 --> 00:16:26.000] Because in the past , to get a loan , you had to fake someone 's signature ,
[00:16:26.000 --> 00:16:31.000] fake his documents , identify yourself and go to the bank .
[00:16:31.000 --> 00:16:35.000] And today it is enough to know the P ES EL number , know a few personal data ,
[00:16:35.000 --> 00:16:41.000] to get a large loan , even if it 's on the Internet , and not at the bank .
[00:16:41.000 --> 00:16:44.000] Anyway , someone else will pay this loan for someone else .
[00:16:44.000 --> 00:16:49.000] Do you agree that civil ized am ends have turned against people ?
[00:16:49.000 --> 00:16:51.000] Why else would it be ?
[00:16:51.000 --> 00:16:55.000] All inventions work exactly the same .
[00:16:55.000 --> 00:16:59.000] Once , to attack someone , you have to be strong , gather a whole gang of similar killers ,
[00:16:59.000 --> 00:17:02.000] practice for years , and by the way , it was easy to die .
[00:17:02.000 --> 00:17:06.000] And the caught was publicly cut and hang ed .
[00:17:06.000 --> 00:17:11.000] Currently , as long as the an emic with a gun can attack anyone effectively ,
[00:17:11.000 --> 00:17:15.000] and at most he will end up with a life sentence at the cost of the victim .
[00:17:15.000 --> 00:17:20.000] Not only that , even an even bigger an emic , who only has a keyboard in his hand ,
[00:17:20.000 --> 00:17:25.000] can steal millions , and even sometimes billions , without leaving the house .
[00:17:25.000 --> 00:17:29.000] And he will never be judged , in most cases ,
[00:17:29.000 --> 00:17:33.000] and even convicted of any crimes .
[00:17:33.000 --> 00:17:36.000] I will remind you of the biggest scandal in Poland ,
[00:17:36.000 --> 00:17:40.000] called the mother of all Polish scand als .
[00:17:40.000 --> 00:17:45.000] According to the indict ment , the state lost 120 million dollars ,
[00:17:45.000 --> 00:17:49.000] 9 million marks , 18 million franc s , etc .
[00:17:49.000 --> 00:17:52.000] The losses were absurd ly gigantic .
[00:17:52.000 --> 00:17:54.000] Another mega scandal .
[00:17:54.000 --> 00:18:00.000] The famous Art - B , the men of the G ? s ior owski bank , were the richest people in Poland .
[00:18:00.000 --> 00:18:04.000] They had colleagues , such as Jer zy D zi ew uls ki , head of the anti - terror ist brigade .
[00:18:04.000 --> 00:18:09.000] They had marsh als of the Se jm , Senate , ministers , dep uties , bank managers .
[00:18:09.000 --> 00:18:13.000] Are you surprised that they managed to steal hundreds of millions for years ?
[00:18:13.000 --> 00:18:16.000] And do you know why all these sc and als were revealed ?
[00:18:16.000 --> 00:18:21.000] Not by the police , not by the police , not by the Ministry of Justice , not !
[00:18:21.000 --> 00:18:24.000] The scandal was revealed by an ordinary official ,
[00:18:24.000 --> 00:18:29.000] who controlled one of the companies where all the money was stolen .
[00:18:29.000 --> 00:18:32.000] Of course , he did not survive it , just as his super i or did not survive it ,
[00:18:32.000 --> 00:18:37.000] and many other people who were involved in the chase and revealing of these bandits .
[00:18:37.000 --> 00:18:41.000] So let 's move on to a very practical part of our hearing .
[00:18:41.000 --> 00:18:46.000] Mr . Mar ius z , how to find out that the company we want to give the money to is the pyramid ?
[00:18:46.000 --> 00:18:49.000] Which one will we actually lose everything sooner or later ?
[00:18:49.000 --> 00:18:55.000] First of all , incredibly useful stories about profits and low costs ,
[00:18:55.000 --> 00:18:59.000] as required to achieve these great profits .
[00:18:59.000 --> 00:19:03.000] Something is too good to be true .
[00:19:03.000 --> 00:19:06.000] And here this rule works perfectly .
[00:19:06.000 --> 00:19:09.000] This is usually the main warning signal .
[00:19:09.000 --> 00:19:12.000] Next , who manages it , who is behind it ?
[00:19:12.000 --> 00:19:20.000] If it 's a bunch of strangers who suddenly start trading gold and amber ,
[00:19:20.000 --> 00:19:23.000] what are their experiences , what are their legitim ations ?
[00:19:23.000 --> 00:19:27.000] You know , to do something well in economics , business , management ,
[00:19:27.000 --> 00:19:31.000] you need to have years of experience , make many mistakes .
[00:19:31.000 --> 00:19:33.000] Another , third rule .
[00:19:33.000 --> 00:19:38.000] Never invest in something you don 't know about .
[00:19:38.000 --> 00:19:43.000] You don 't know about diamonds , don 't invest in diamonds , you don 't know about gold , don 't invest in gold .
[00:19:43.000 --> 00:19:46.000] This is the golden rule of investment .
[00:19:46.000 --> 00:19:53.000] If you follow these three rules , you won 't be able to fall into any financial trap .
[00:19:53.000 --> 00:20:00.000] Mr . Mar ius z , I suspect that your rules will result in people keeping money in a sock or on a bank account .
[00:20:00.000 --> 00:20:03.000] You 're right , because people don 't have knowledge .
[00:20:03.000 --> 00:20:08.000] I think what you 're doing is very wise , noble and helpful ,
[00:20:08.000 --> 00:20:16.000] because educating people in the economy is the foundation for them to learn what to invest in , what makes sense ,
[00:20:16.000 --> 00:20:21.000] what are the real gains you can get from any business ,
[00:20:21.000 --> 00:20:25.000] these are very valuable lessons , but they don 't learn it in school .
[00:20:25.000 --> 00:20:30.000] Not only do they not get this knowledge , they are also being fooled by celebrities , politicians ,
[00:20:30.000 --> 00:20:34.000] by complete nonsense or aim less fraud .
[00:20:34.000 --> 00:20:39.000] Mr . Mar ius z , as a journalist , I had a few opportunities to talk to people who lost a lot of money ,
[00:20:39.000 --> 00:20:42.000] sometimes they saved their lives in suspicious businesses ,
[00:20:42.000 --> 00:20:46.000] because they simply trusted the offer too much .
[00:20:46.000 --> 00:20:48.000] These are terrible dramas .
[00:20:48.000 --> 00:20:53.000] I talked to people who had suicidal thoughts , who were even in danger of moving to something
[00:20:53.000 --> 00:20:56.000] and , I don 't know , they will shoot these fraud sters if they see them on the street .
[00:20:56.000 --> 00:21:00.000] Are there any methods to at least partially recover this money ?
[00:21:00.000 --> 00:21:03.000] Is it better to go to a long - term court ,
[00:21:03.000 --> 00:21:06.000] or do you have to look for help from the police , institutions ,
[00:21:06.000 --> 00:21:12.000] or just hire gang sters who will go and beat someone to get our money ?
[00:21:12.000 --> 00:21:16.000] Yes , there are such opportunities , we are even talking about amber gold .
[00:21:16.000 --> 00:21:20.000] Not everyone lost money , some of them can even recover it .
[00:21:20.000 --> 00:21:26.000] There was a group appeal and they were actually sentenced to a million z lot ys in some cases .
[00:21:26.000 --> 00:21:31.000] After the appeal , the regional prosecutor 's office in G da ?sk , the district prosecutor 's office in G da ?sk ,
[00:21:31.000 --> 00:21:34.000] was convicted of the off er ,
[00:21:34.000 --> 00:21:39.000] which means that the prosecutor 's office is guilty of people being robbed .
[00:21:39.000 --> 00:21:43.000] The funny thing is that the money will go to this from the budget .
[00:21:43.000 --> 00:21:47.000] The Pol es will be robbed to give to other robbed Pol es .
[00:21:47.000 --> 00:21:49.000] But where to look for help ?
[00:21:49.000 --> 00:21:50.000] Good question .
[00:21:50.000 --> 00:21:54.000] Looking for it in typical places is ineffective .
[00:21:54.000 --> 00:21:58.000] Fortunately , thanks to the activities of people like you , for example ,
[00:21:58.000 --> 00:22:03.000] who inf orm certain things , it is an increasingly well - known topic , a significant topic ,
[00:22:03.000 --> 00:22:09.000] and people are getting more and more , as you said , they are starting to get nervous and ask uncomfortable questions .
[00:22:09.000 --> 00:22:15.000] This has forced the government to take some action .
[00:22:15.000 --> 00:22:17.000] Where can it be reported ?
[00:22:17.000 --> 00:22:19.000] I would personally recommend NAS K .
[00:22:19.000 --> 00:22:22.000] Since 2018 , they have been officially engaged in this in Poland .
[00:22:22.000 --> 00:22:26.000] They have a special website that they manage , inc ident . c ert . pl .
[00:22:26.000 --> 00:22:33.000] Please note that very often these crimes are not just an ordinary attack on us on the street ,
[00:22:33.000 --> 00:22:36.000] but on something we call soci otechn ics ,
[00:22:36.000 --> 00:22:42.000] where the final is often irre vers ible loss of a part or even the entire savings of our lives .
[00:22:42.000 --> 00:22:47.000] I suggest that you report any suspicion .
[00:22:47.000 --> 00:22:52.000] Normally , it is difficult for the police , but better methods are created .
[00:22:52.000 --> 00:22:56.000] I decided that my foundation will create such a website ,
[00:22:56.000 --> 00:23:03.000] where we will give a set of simple tips and we will give all the links where and in what situations to report .
[00:23:03.000 --> 00:23:04.000] It is very simple .
[00:23:04.000 --> 00:23:08.000] Most often you can do it literally by one SMS or one email .
[00:23:08.000 --> 00:23:14.000] You do not do the whole very unpleasant and long - term and often unfortunately not very fruitful procedure .
[00:23:14.000 --> 00:23:22.000] It is enough that you send , for example , a message that you received or an email from a Niger ian prince .
[00:23:22.000 --> 00:23:30.000] This type of thing we have to redirect to special people who know the subject matter and it is not the police , unfortunately .
[00:23:30.000 --> 00:23:35.000] And there are just big chances that , first of all , we will not fall into the cl utches of sc ammers
[00:23:35.000 --> 00:23:39.000] and secondly , these sc ammers will be really blocked , chased .
[00:23:39.000 --> 00:23:41.000] Mr . Mar ius z , thank you very much for today 's conversation .
[00:23:41.000 --> 00:23:48.000] Let 's hope that its effect will be that at least one or two people will warn their money against sc ammers .
[00:23:48.000 --> 00:23:54.000] R ead ers , we would like to ask for your attention in a moment , practical information on how and where to seek help .
[00:23:54.000 --> 00:23:57.000] Mar ius z Stef ani ak , financial economist . Thank you again .
[00:23:57.000 --> 00:23:58.000] Thank you .
[00:23:58.000 --> 00:24:00.000] The program was led by Kr z ysz to f Stra uch man .
[00:24:00.000 --> 00:24:10.000] Listen ers of other radio and audio broadcast s " What 's Play ed " are welcome on the website www . aud y cje . com . pl .
[00:24:10.000 --> 00:24:17.000] You can listen to the latest economic interviews with Mar ius z Stef ani ak and find practical advice .
[00:24:17.000 --> 00:24:20.000] We also encourage you to contact the au th ors of the broadcast .
[00:24:25.000 --> 00:24:32.000] Other radio stations - in G ? uch o ? az ie and the area - 105 i 2 .
[00:24:32.000 --> 00:24:34.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's up , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:13.000] What 's up , Mr . Mar ius z ?
[00:00:13.000 --> 00:00:17.000] Mar ius z Stef ani ak , economist , financi er , president of the Foundation of More Wis dom .
[00:00:17.000 --> 00:00:22.000] Today about the intentions of American billion aires , about honesty in business
[00:00:22.000 --> 00:00:25.000] and whether we should support honest or dishon est business .
[00:00:25.000 --> 00:00:32.000] American billionaire Warren Buff ett has been selling stock from stock exchanges regularly for a few months ,
[00:00:32.000 --> 00:00:34.000] which he bought earlier .
[00:00:34.000 --> 00:00:36.000] What do you think ?
[00:00:36.000 --> 00:00:38.000] Why does he need the capital he concent rates on ?
[00:00:38.000 --> 00:00:41.000] Is he preparing something new , some new business ?
[00:00:41.000 --> 00:00:45.000] Or maybe he 's afraid of sudden drops in the stock exchange and losses in the stock market ?
[00:00:45.000 --> 00:00:51.000] This is probably much more serious and means more than only listeners could ded uce from your words .
[00:00:51.000 --> 00:00:56.000] We 're talking about someone completely unique here , the so - called " Z om ach 's Wh istle ",
[00:00:56.000 --> 00:01:02.000] the " leg end of investment ", about something I don 't remember yet in my life ,
[00:01:02.000 --> 00:01:07.000] that is , the compression of his capital on a scale not seen .
[00:01:07.000 --> 00:01:09.000] Reason number one that comes to mind .
[00:01:09.000 --> 00:01:11.000] Well , the guy went crazy .
[00:01:11.000 --> 00:01:14.000] Well , he 's got his years , Mr . Warren Buff ett is over 90 years old .
[00:01:14.000 --> 00:01:19.000] Yes , well , maybe something has been moving in his brain and he 's starting to do such strange things .
[00:01:19.000 --> 00:01:24.000] The second thing in his head is black mail ed in some unusual way .
[00:01:24.000 --> 00:01:26.000] Maybe he 's got into some crazy debt .
[00:01:26.000 --> 00:01:30.000] Maybe some woman has an influence on it .
[00:01:30.000 --> 00:01:32.000] These are the typical reasons .
[00:01:32.000 --> 00:01:36.000] Well , of course , you mentioned a different version .
[00:01:36.000 --> 00:01:42.000] You said that maybe he 's planning something , maybe he wants to run away with this money , shares ,
[00:01:42.000 --> 00:01:47.000] and maybe for some reason he needs to have such a supply of cash .
[00:01:47.000 --> 00:01:50.000] I won 't be able to talk in a few minutes and explain all the options ,
[00:01:50.000 --> 00:01:55.000] but I can give you a summary and maybe some additional links , materials ,
[00:01:55.000 --> 00:02:02.000] for aud y cje . com . pl , which is the initiative that we came up with together during one of our aud itions .
[00:02:02.000 --> 00:02:05.000] Mr . Mar ys ia , let 's go back to Warren Buff ett ,
[00:02:05.000 --> 00:02:11.000] because the listeners need to understand the scale of the savings that the older man has accumulated .
[00:02:11.000 --> 00:02:15.000] He didn 't spend them , it 's cash , it 's capital that can be immediately disp osed of .
[00:02:15.000 --> 00:02:16.000] How much did he take ?
[00:02:16.000 --> 00:02:20.000] We 're talking about pretty serious money here .
[00:02:20.000 --> 00:02:25.000] As I quickly looked at his reports , which I give to the participants ,
[00:02:25.000 --> 00:02:34.000] in the last quarter alone he sold shares worth 5 . 3 billion dollars in the last three months .
[00:02:34.000 --> 00:02:41.000] At the same time , it increased the cash by 10 billion in half a year .
[00:02:41.000 --> 00:02:48.000] It 's almost like he 's adding 5 billion every three months .
[00:02:48.000 --> 00:02:56.000] We 're talking about 10 billion in cash , but his capital is estimated at 7 . 6 billion ,
[00:02:56.000 --> 00:03:00.000] which is less than 1 . 5 %.
[00:03:00.000 --> 00:03:03.000] But how much does he lose on it ?
[00:03:03.000 --> 00:03:06.000] What is the cost of withdraw ing this money ?
[00:03:06.000 --> 00:03:08.000] Because , of course , this money works for him .
[00:03:08.000 --> 00:03:15.000] I quickly calculated it . We assume an average of 21 % per year on our investments .
[00:03:15.000 --> 00:03:18.000] In come from the invested capital , right ?
[00:03:18.000 --> 00:03:23.000] Yes . In fl ation in the USA in September , calculated in CP I , was 3 . 7 .
[00:03:23.000 --> 00:03:30.000] It turned out that this would give him about 60 million in costs of this quarter ly withdrawal .
[00:03:30.000 --> 00:03:36.000] So he has to think that he will earn more , because if he gets such a cost , it means that we have to pay for it .
[00:03:36.000 --> 00:03:44.000] I quickly calculated it . It gives 240 million such costs per year , plus what he normally gets from the profits ,
[00:03:44.000 --> 00:03:46.000] which is another 50 million .
[00:03:46.000 --> 00:03:56.000] So he has to count on the fact that he will earn 300 million or more from the 10 billion he has withdrawn in the last few months .
[00:03:56.000 --> 00:04:05.000] Because , in fact , if you add up what he already had before , he currently has 15 7 billion dollars .
[00:04:05.000 --> 00:04:11.000] And this is , ladies and gentlemen , the largest his cash position in history .
[00:04:11.000 --> 00:04:19.000] Mr . Mar ys ia , but huge money , because 150 billion dollars , times 4 , is about 6 .
[00:04:19.000 --> 00:04:24.000] Almost 700 billion . And you know , it 's more than the entire Polish budget .
[00:04:24.000 --> 00:04:33.000] So one person really has more money in his hand than we as a whole nation plan to have for the whole year .
[00:04:33.000 --> 00:04:35.000] Including the deficit , i . e . the debts we owe .
[00:04:35.000 --> 00:04:41.000] Mr . Mar ys ia , but he doesn 't do anything with this money , he keeps it . And it seems to have been going on for a few months .
[00:04:41.000 --> 00:04:42.000] What is he waiting for ?
[00:04:42.000 --> 00:04:46.000] You know what ? This is a question for a billion dollars .
[00:04:46.000 --> 00:04:56.000] It may indeed be one of the scenarios I mentioned earlier , but it may also be that he is planning some kind of investment .
[00:04:56.000 --> 00:05:01.000] For me , this is a clear signal . He predict s that there will be a breakdown of the companies ' not ations .
[00:05:01.000 --> 00:05:07.000] Let 's face it , there is no other logical conclusion I can draw as an economist from these actions .
[00:05:07.000 --> 00:05:11.000] Where a person does something unprecedented in the history of his business .
[00:05:11.000 --> 00:05:20.000] He is called a bel ie ver , a legendary investor , known for predicting various events , effective prediction .
[00:05:20.000 --> 00:05:22.000] But knowledge is knowledge , facts are facts .
[00:05:22.000 --> 00:05:30.000] Economy is economy , so you know , everyone can come to similar conclusions on a large or small scale .
[00:05:30.000 --> 00:05:34.000] We see the same phenomena , only we have different possibilities .
[00:05:34.000 --> 00:05:42.000] But in this case , if there is going to be a crisis , why is it worth having cash with you during a crisis ?
[00:05:42.000 --> 00:05:46.000] Great question . To make purchases , ladies and gentlemen .
[00:05:46.000 --> 00:05:52.000] The biggest crises , the biggest misf ortun es are the biggest investment opportunities .
[00:05:52.000 --> 00:06:00.000] Art is based on two things . Number one , on timing , meaning waiting for the right moment .
[00:06:00.000 --> 00:06:08.000] The difference between a good investor and a bad investor is sometimes just a few seconds , a few hours or a few days .
[00:06:08.000 --> 00:06:15.000] The second aspect is to estimate what we are going to invest in or what assets we are going to get rid of .
[00:06:15.000 --> 00:06:19.000] This also distingu ishes winners from losers .
[00:06:19.000 --> 00:06:29.000] For example , he invest s a lot in government debt papers , which everyone has been running away from on a massive scale .
[00:06:29.000 --> 00:06:36.000] He hopes that private companies will go down , but the value will be kept in government papers .
[00:06:36.000 --> 00:06:43.000] He assumes an economic collapse , but he does not assume the collapse of the government , some civil wars , etc .
[00:06:43.000 --> 00:06:46.000] Nor will they conquer America . Through China , for example .
[00:06:46.000 --> 00:06:51.000] He is not afraid of this at all . I suspect that it could indicate that he is counting on the other side .
[00:06:51.000 --> 00:06:59.000] It may turn out that he predict s that America will join some war , or that a war will break out and America will be in this war , but he will be on the side of the winners .
[00:06:59.000 --> 00:07:01.000] This is the subtle difference .
[00:07:01.000 --> 00:07:05.000] Mr . Mar ius z , I invite you to take a break , but we will be back to the topic in a moment .
[00:07:05.000 --> 00:07:06.000] Let 's go .
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[00:07:38.000 --> 00:07:44.000] Greetings , Mr . Mar ius z . Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:07:44.000 --> 00:07:49.000] Today we are talking about American billion aires and we are trying to guess what they are up to .
[00:07:49.000 --> 00:07:52.000] What are they planning ? What are they preparing for ?
[00:07:52.000 --> 00:07:55.000] We talked about Warren Buff ett , but now let 's change the subject a bit .
[00:07:55.000 --> 00:07:58.000] Let 's talk about someone who was already mentioned half a year ago .
[00:07:58.000 --> 00:08:04.000] A year ago , the FT X cryptocurrency exchange was bankrupt ed in the United States .
[00:08:04.000 --> 00:08:09.000] It was founded and managed by the billionaire , Sam Bank man .
[00:08:09.000 --> 00:08:14.000] The trial of the accused fraud ster , Sam Bank man , has just begun in New York .
[00:08:14.000 --> 00:08:24.000] The prosecutor will want to prove to him that he was planning to mis le ad many investors who invested a lot of money in his business .
[00:08:24.000 --> 00:08:30.000] However , the defense says that he just didn 't make it , that what can always happen in business happened .
[00:08:30.000 --> 00:08:34.000] So he got into bad conditions . Where is the truth ?
[00:08:34.000 --> 00:08:41.000] Actually , he was already considered guilty by the court of the accused of fraud in order to deceive the clients of the FT X exchange .
[00:08:41.000 --> 00:08:44.000] And he was supposed to cheat them for a total of 10 billion dollars .
[00:08:44.000 --> 00:08:48.000] It is estimated that he will get over 100 years in prison .
[00:08:48.000 --> 00:08:54.000] I will be honest , I don 't think anyone expects a different result than a sentence for many years , i . e . in fact , life imprison ment .
[00:08:54.000 --> 00:08:58.000] So it 's not worth cheating investors in the United States .
[00:08:58.000 --> 00:09:00.000] Why ? It 's perfectly worth it .
[00:09:00.000 --> 00:09:06.000] Because he will go to prison and probably in this prison he will wait until his death .
[00:09:06.000 --> 00:09:09.000] I will remind you , maybe only our hearing about Amber Gold .
[00:09:09.000 --> 00:09:14.000] Well , usually single people fall in , and someone who is hiding behind it is safe , right ?
[00:09:14.000 --> 00:09:20.000] Exactly . This is the same mechanism where Sam Bank man will go to jail , but he didn 't do it himself .
[00:09:20.000 --> 00:09:23.000] Why is no one sitting on the accused 's bench with him ?
[00:09:23.000 --> 00:09:27.000] There should be dozens of people on this bench .
[00:09:27.000 --> 00:09:30.000] And these are very serious people , on serious positions .
[00:09:30.000 --> 00:09:38.000] It 's not like some 20 - year - old boy suddenly thought he would be turning billions of dollars .
[00:09:38.000 --> 00:09:39.000] This is not how it works .
[00:09:39.000 --> 00:09:42.000] They were investing in it and launching it , promoting it .
[00:09:42.000 --> 00:09:47.000] The most serious institutions , including super - well - known banks , well - known funds .
[00:09:47.000 --> 00:09:51.000] In general , there are no such people in the prosecution , no one talks about them .
[00:09:51.000 --> 00:09:53.000] Where are these billions , sir ?
[00:09:53.000 --> 00:09:55.000] They just physically don 't exist .
[00:09:55.000 --> 00:09:57.000] Or formally they don 't exist .
[00:09:57.000 --> 00:09:59.000] Someone owns them .
[00:09:59.000 --> 00:10:00.000] No one talks about it .
[00:10:00.000 --> 00:10:03.000] One boy will go to jail and what ?
[00:10:03.000 --> 00:10:07.000] He won 't bring the money to the robbed people .
[00:10:07.000 --> 00:10:10.000] Mr . Mar ius z , listening to the information from the Bank man 's trial ,
[00:10:10.000 --> 00:10:15.000] all this business of his , the cryptocurrency exchange , the second company he founded , Al am ada ,
[00:10:15.000 --> 00:10:22.000] make the impression of interest directed by completely irresponsible people , by young people , children .
[00:10:22.000 --> 00:10:28.000] They just had the principles of fair business in their nose , but they actually created it in an absolutely arbitrary way .
[00:10:28.000 --> 00:10:33.000] Such people should not run a residential store , at least in my imagination .
[00:10:33.000 --> 00:10:37.000] Meanwhile , they were turning billions of dollars , which they also received from investors .
[00:10:37.000 --> 00:10:39.000] Where is the wisdom of American investors ?
[00:10:39.000 --> 00:10:44.000] I will not ask about the supervision of the state , because you have always criticized that there is no such supervision .
[00:10:44.000 --> 00:10:48.000] How could the Americans invest such a lot of money in the em be zz lement ?
[00:10:48.000 --> 00:10:52.000] It 's the same as the Pol es , the same as all the nations of the world .
[00:10:52.000 --> 00:10:55.000] Americans are the same , there are also the peas ants , there are also the fools .
[00:10:55.000 --> 00:11:02.000] I remember our hearing where I said that there are 50 million people who are just mor ons , formally , from a scientific point of view .
[00:11:02.000 --> 00:11:04.000] I suspect they don 't have millions of dollars .
[00:11:04.000 --> 00:11:09.000] No , they don 't , but they choose those who have .
[00:11:09.000 --> 00:11:13.000] If the society is not properly educated economically , has no great awareness ,
[00:11:13.000 --> 00:11:21.000] is not even aware of what it can do , that 's why we have such sc ams like FT X or Amber Gold or all the others .
[00:11:21.000 --> 00:11:24.000] There is one guiding principle in all of this for me .
[00:11:24.000 --> 00:11:28.000] The connection of sc ammers with officials and politicians .
[00:11:28.000 --> 00:11:33.000] And this is actually a mandatory point for some big fraud to be created .
[00:11:33.000 --> 00:11:37.000] All the biggest fraud s in the world have the same rule .
[00:11:37.000 --> 00:11:47.000] So they are not a problem of fraud , but an economic and political system , which , let 's face it , we co - cre ate and accept .
[00:11:47.000 --> 00:11:50.000] Who is to blame , sir , that a fox is a chicken ?
[00:11:50.000 --> 00:11:52.000] A fox ? No .
[00:11:52.000 --> 00:11:58.000] A lazy dog that doesn 't watch , only sleeps , fat in his shoes , a drunk host that doesn 't fix the fence .
[00:11:58.000 --> 00:12:02.000] Let 's not blame the fox for being a fox , or the fraud for being a fraud .
[00:12:02.000 --> 00:12:07.000] If you don 't blame all the fraud s , it 's the occasion that makes a thief .
[00:12:07.000 --> 00:12:16.000] Let 's reduce the number of crimes , by reducing the number of occasions , by reducing the social acceptance of being a fraud .
[00:12:16.000 --> 00:12:21.000] If we accept fraud s , thieves , at the highest positions in the country , ladies and gentlemen ,
[00:12:21.000 --> 00:12:26.000] and you do it openly during the elections , once , once , once , once , for decades ,
[00:12:26.000 --> 00:12:30.000] then on what basis do you expect that you will not be robbed ?
[00:12:30.000 --> 00:12:39.000] If we look at Warren Buff ett and say " Oh , he 's a genius " and so on , ok , yes , he is a genius and a unique person ,
[00:12:39.000 --> 00:12:46.000] that he has the knowledge , the courage to act differently than everyone else , but he is unique in a different way .
[00:12:46.000 --> 00:12:52.000] In the sense that he , as the best in the world , without a doubt , can make money on it .
[00:12:52.000 --> 00:13:00.000] He can capitalize on it in an amazing way and most importantly , he does it systematically and what 's even more important in business ,
[00:13:00.000 --> 00:13:05.000] he is honest , verbal , in relation to his investors .
[00:13:05.000 --> 00:13:10.000] Because this is the contradiction of the fact that I have some Am be r D ole or Sam Bank man or that kind of thing .
[00:13:10.000 --> 00:13:14.000] You put Warren Buff ett and Sam Bank man in one audition .
[00:13:14.000 --> 00:13:16.000] For me , it 's just a brilliant move .
[00:13:16.000 --> 00:13:21.000] Because you showed multim illion aires from two corners of the world of economics .
[00:13:21.000 --> 00:13:29.000] A man who for decades has been bringing systematic , promised profits and has never failed , that is Warren Buff ett .
[00:13:29.000 --> 00:13:34.000] And a guy who promised pe ars on a camel and turned out to be a total thief and a fraud .
[00:13:34.000 --> 00:13:38.000] And now the question is what is the economy ? Is it like this or like that ?
[00:13:38.000 --> 00:13:42.000] Ladies and gentlemen , how is the whole world like this and like that at the same time ?
[00:13:42.000 --> 00:13:44.000] We have day and night at the same time .
[00:13:44.000 --> 00:13:47.000] We have winter and summer in one year .
[00:13:47.000 --> 00:13:51.000] The world is very , very balanced , organized .
[00:13:51.000 --> 00:13:55.000] If we have Sam Bank man , we must have Warren Buff ett , otherwise nothing would work .
[00:13:55.000 --> 00:13:57.000] We have honest people , we have thieves .
[00:13:57.000 --> 00:14:02.000] The only question is what we support , what we are contributing to .
[00:14:02.000 --> 00:14:06.000] You were a bit of a sn itch in me , because I was overwhelmed by the waves of examples
[00:14:06.000 --> 00:14:09.000] that show the lack of ethics and honesty in business .
[00:14:09.000 --> 00:14:13.000] Mrs . Mar ius z , I propose to continue the discussion and move it after the break .
[00:14:13.000 --> 00:14:16.000] The end
[00:14:16.000 --> 00:14:19.000] The end
[00:14:45.000 --> 00:14:47.000] What is the game , Mrs . Mar ius z ?
[00:14:47.000 --> 00:14:51.000] Mar ius z Stef ani ak , economist , financi er , president of the Foundation Wi? cej M ?d ro ?ci .
[00:14:51.000 --> 00:14:56.000] Today about the intentions of American billion aires , about honesty in business
[00:14:56.000 --> 00:14:59.000] and whether we should support honest or not honest business .
[00:14:59.000 --> 00:15:05.000] Mrs . Mar ius z , recently there was also information in the media about the practices of the Amazon company ,
[00:15:05.000 --> 00:15:11.000] which was to manipulate the price of its goods by using special software .
[00:15:11.000 --> 00:15:15.000] All this was to increase their profits .
[00:15:15.000 --> 00:15:23.000] And again , the question is whether in business you can do everything to increase your income , increase your profits .
[00:15:23.000 --> 00:15:29.000] It seems that even a well - known company like Amazon used something like that .
[00:15:29.000 --> 00:15:33.000] It had to be used , otherwise it would not be who it is .
[00:15:33.000 --> 00:15:37.000] The situation has reached the point where you can talk loudly about the scam system
[00:15:37.000 --> 00:15:43.000] on which the largest companies in the world are getting rich , and thus the richest people in the world .
[00:15:43.000 --> 00:15:53.000] Here it is really important that we start to distinguish who became a rich man because he worked hard , honestly .
[00:15:53.000 --> 00:15:59.000] And it is possible , because the method of theft is a faster method .
[00:15:59.000 --> 00:16:07.000] I will give an example that the largest wealth in Great Britain , now super respected , was created by pir acy .
[00:16:07.000 --> 00:16:11.000] There is even a saying that the first million must always be stolen .
[00:16:11.000 --> 00:16:13.000] These are the decisions that we make in life .
[00:16:13.000 --> 00:16:16.000] If someone wants to be rich at all costs , become a criminal .
[00:16:16.000 --> 00:16:18.000] This is just the only method .
[00:16:18.000 --> 00:16:23.000] Amazon , for millions of customers around the world , was syn onymous with cheap buying .
[00:16:23.000 --> 00:16:32.000] Many people gave up shopping for its suppliers , choosing Amazon , convinced that it simply sells them the cheapest possible goods .
[00:16:32.000 --> 00:16:36.000] It turns out that some extra money was added .
[00:16:36.000 --> 00:16:39.000] They are doing great , it seemed to them .
[00:16:39.000 --> 00:16:45.000] This is the key , this is the magic word , ladies and gentlemen , to solve almost all economic puzzles .
[00:16:45.000 --> 00:16:49.000] Stop believing what someone tells you .
[00:16:49.000 --> 00:16:58.000] Just check , that 's why we created this website aud y cy . com . pl , so that you have the opportunity to put some data , links , references , materials there .
[00:16:58.000 --> 00:17:02.000] So that it is not the word of a man who speaks somewhere on the radio , typical talking heads .
[00:17:02.000 --> 00:17:03.000] No .
[00:17:03.000 --> 00:17:14.000] This is what it is about , that if there are no facts , evidence , only words , then we welcome the world itself , the bank itself , and other sc ams , burg lar ies , etc .
[00:17:14.000 --> 00:17:21.000] But if someone pays dividends many times over the years , it shows that what he promises makes sense .
[00:17:21.000 --> 00:17:29.000] If someone tells you some absurd things , that this bitcoin will grow by a thousand percent , it will be worth a million , it really does not sound real .
[00:17:29.000 --> 00:17:34.000] So let 's stop believing and start knowing .
[00:17:34.000 --> 00:17:42.000] Mr . Mar ys ia , but how can a statistical client like me check the way the price of the goods sold by Amazon is calculated ?
[00:17:42.000 --> 00:17:53.000] I can compare how much a TV or sk is cost in this store , how much in this store , choose a cheaper product of the same quality .
[00:17:53.000 --> 00:18:00.000] However , when all sellers start to increase prices , I am helpless .
[00:18:00.000 --> 00:18:02.000] Yes , you are right , you are doing great .
[00:18:02.000 --> 00:18:08.000] We have two methods , that is , analyzing , comparing prices , and it is more difficult than you think .
[00:18:08.000 --> 00:18:12.000] Not super incredible , but not so simple .
[00:18:12.000 --> 00:18:21.000] Secondly , you have taken an incredibly dangerous thing , the trend in the world , i . e . monopol ization , globalization of businesses ,
[00:18:21.000 --> 00:18:30.000] that is , simply speaking , trade contracts , business contracts , which are illegal , but are absolutely common , they actually rule the whole world .
[00:18:30.000 --> 00:18:44.000] Let 's look at the price of the bad things , we also had aud itions , fuel , coal , no one calcul ates it on the market , it is just an obvious , literal , obvious con sp ir acy at the level of world agreements .
[00:18:44.000 --> 00:18:54.000] Well , from this conspiracy , Putin started to break out a bit , well , now he is of course the worst man in the world , because he started to sell 30 % cheaper , for example , this oil .
[00:18:54.000 --> 00:19:06.000] Breaking this price conspiracy , which was the USA and the O PE C , they just determined how much bar le y crops they would get , and because of that , what will be the price on the world markets , because the demand is more or less constant ,
[00:19:06.000 --> 00:19:16.000] because it was known what will be , how will be , and these rich people , they just become even richer , this Amazon can do such things , because they have huge money at their disposal .
[00:19:16.000 --> 00:19:28.000] Big investors , who agree , set prices , or sell something en masse , and then the price drops , everyone starts to sell in panic , or they buy , then the price rises , everyone says " Oh , that 's great , we buy ", this is the famous pump and dump .
[00:19:28.000 --> 00:19:35.000] Exactly the scheme in E FT EL IX , we pump this price , and then we throw it to the bottom , and now do whatever you want .
[00:19:35.000 --> 00:19:50.000] You encourage to support the economy , which is guided by the rules of ethics , but I wonder what chances does a single client , a single person , has in a fight with such corporations , which use this kind of mechanisms , probably not big .
[00:19:50.000 --> 00:20:07.000] The opposite , do you remember what is my favorite definition of revolution ? This is something that you can really write on the wall . The revolution is when everyone understands that the rest thinks the same . The revolution is not a loud minority , but a silent majority .
[00:20:07.000 --> 00:20:20.000] Do you know how Hitler came to power ? Not through the SA milit ias , it was not them , but a silent majority , which knew that their government was simply stealing them , they live in luxury , and people are starving .
[00:20:20.000 --> 00:20:33.000] Hitler came out and said " Ok , I 'll change that ", and this silent majority of so - called ordinary Germans said " Ok , we love you , we give you our full blessing , do what you have to do , leader ", and he did .
[00:20:33.000 --> 00:20:34.000] He won the elections .
[00:20:34.000 --> 00:20:42.000] Exactly , but it 's not because he was some crazy guy who came to power , it 's not true , it never works like that in the world .
[00:20:42.000 --> 00:20:50.000] This single client has the greatest power , there is a famous saying in the economy that the client votes with money .
[00:20:50.000 --> 00:21:01.000] Our foundation has released such a tool , such a solution to verify the largest global companies , in terms of what you give money for . We give such tools .
[00:21:01.000 --> 00:21:07.000] And that 's why I allow myself not to agree with you on the fact that a single client has no influence .
[00:21:07.000 --> 00:21:23.000] On the contrary , it 's him who rules , he decides , he can overthrow the political - e conomic systems . Who overth rew the communist party , sir ? Ord inary people who said " We are fed up , we are not afraid of your tanks , police bat ons , your ide ologies ", we don 't believe in this ideology anymore .
[00:21:23.000 --> 00:21:28.000] We don 't believe in this Len in anymore . Thanks to you , ordinary people , the individuals .
[00:21:28.000 --> 00:21:43.000] This is another topic for another very interesting hearing . Mr . Mar ius z , thank you very much for today 's conversation . We encourage you to visit www . aud y cje . com . pl .
[00:21:43.000 --> 00:21:50.000] You will find there not only recordings of our aud itions , but also a lot of other interesting information . Thank you very much for the interview .
[00:21:50.000 --> 00:21:58.000] The optim ist in this conversation was Mar ius z Stef ani ak , financial economist . The program was led by Kr z ysz to f Stra uch man . See you !
[00:21:58.000 --> 00:22:03.000] [ Music ]
[00:22:03.000 --> 00:22:08.000] [ O ther radio stations in G ? uch o ? az ie and the area ]
[00:22:08.000 --> 00:22:13.000] [ 10 5 i 2 ]
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's up , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's up , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:16.000] Mar ius z Stef ani ak , financial economist ,
[00:00:16.000 --> 00:00:18.000] president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:18.000 --> 00:00:20.000] I wanted to talk to you today about earnings ,
[00:00:20.000 --> 00:00:22.000] and this is a difficult topic ,
[00:00:22.000 --> 00:00:24.000] although it concerns absolutely everyone .
[00:00:24.000 --> 00:00:26.000] And we all generally complain about our earnings ,
[00:00:26.000 --> 00:00:30.000] and meanwhile , as I read on the Internet ,
[00:00:30.000 --> 00:00:32.000] in Bangladesh , the minimum wage ,
[00:00:32.000 --> 00:00:34.000] and this is after the increase ,
[00:00:34.000 --> 00:00:36.000] which will come in December ,
[00:00:36.000 --> 00:00:38.000] will be $ 11 4 per month ,
[00:00:38.000 --> 00:00:41.000] that 's 45 6 z lot ys .
[00:00:41.000 --> 00:00:45.000] For comparison , the current minimum wage in Bangladesh
[00:00:45.000 --> 00:00:49.000] is $ 75 , which is about 300 z lot ys .
[00:00:49.000 --> 00:00:53.000] In Poland , the minimum wage is 36 00 z lot ys .
[00:00:53.000 --> 00:00:56.000] In January , it will increase to over 4000 z lot ys .
[00:00:56.000 --> 00:01:00.000] So in Poland , it 's about 10 times more than in Bangladesh .
[00:01:00.000 --> 00:01:02.000] Can we compare , Mr . Mar ius z ,
[00:01:02.000 --> 00:01:06.000] the minimum wage level in different countries like Poland and Bangladesh ?
[00:01:06.000 --> 00:01:09.000] Can we conclude that we have a perfect wage ?
[00:01:09.000 --> 00:01:11.000] The wage is only a number .
[00:01:11.000 --> 00:01:14.000] The purchasing power of a given currency is counted ,
[00:01:14.000 --> 00:01:17.000] and also the level of life provided by it .
[00:01:17.000 --> 00:01:19.000] You can be a rich man in one part of the world ,
[00:01:19.000 --> 00:01:22.000] and at the same time an average man somewhere else .
[00:01:22.000 --> 00:01:24.000] Let 's look at Poland ,
[00:01:24.000 --> 00:01:26.000] where , as far as I remember ,
[00:01:26.000 --> 00:01:31.000] a German or a French man had a few hundred percent of their average pension .
[00:01:31.000 --> 00:01:33.000] For the last many years ,
[00:01:33.000 --> 00:01:35.000] the idi ocy of the EU has shown
[00:01:35.000 --> 00:01:38.000] that even the richest countries in Europe
[00:01:38.000 --> 00:01:40.000] are systematically getting poorer ,
[00:01:40.000 --> 00:01:44.000] but still have an advantage over us .
[00:01:44.000 --> 00:01:46.000] I was always told , Mr . Mar ius z ,
[00:01:46.000 --> 00:01:48.000] that the pension depends on the efficiency .
[00:01:48.000 --> 00:01:51.000] The efficiency in such a sl um in Bangladesh is high .
[00:01:51.000 --> 00:01:54.000] Yes , they have amazing effic iencies there .
[00:01:54.000 --> 00:01:58.000] You probably wear a shirt or pants there .
[00:01:58.000 --> 00:02:00.000] Let me check for fun .
[00:02:00.000 --> 00:02:02.000] Such experiments have been done .
[00:02:02.000 --> 00:02:07.000] It always ends up with some half - s lave or even completely slave work .
[00:02:07.000 --> 00:02:10.000] Including , very often , children 's work , ladies and gentlemen .
[00:02:10.000 --> 00:02:13.000] So maybe you should start looking at the marks .
[00:02:13.000 --> 00:02:16.000] You are actually ensl aving these people
[00:02:16.000 --> 00:02:18.000] through your decisions .
[00:02:18.000 --> 00:02:21.000] I mean , a company that has a well - known brand will do a promotion .
[00:02:21.000 --> 00:02:25.000] Because they literally buy it for money .
[00:02:25.000 --> 00:02:28.000] For them , such a workshop is money .
[00:02:28.000 --> 00:02:31.000] That 's why these products and materials are money .
[00:02:31.000 --> 00:02:33.000] Do you know what costs them the most ?
[00:02:33.000 --> 00:02:36.000] P acking and transport .
[00:02:36.000 --> 00:02:38.000] Most people have no idea .
[00:02:38.000 --> 00:02:40.000] Or , of course , who is supposed to tell them that ?
[00:02:40.000 --> 00:02:41.000] What do they tell them at school ?
[00:02:41.000 --> 00:02:42.000] The media ?
[00:02:42.000 --> 00:02:45.000] Well , the media say what they are paid for .
[00:02:45.000 --> 00:02:48.000] Unless there is really no way out and there is a big scandal .
[00:02:48.000 --> 00:02:52.000] We were talking about , for example , the million - dollar labor camps in China .
[00:02:52.000 --> 00:02:58.000] You probably have some things at home that the slaves physically and real ly did .
[00:02:58.000 --> 00:03:03.000] Anyway , the ethnic minority , which is totally enslaved and extermin ated
[00:03:03.000 --> 00:03:06.000] on a scale that you would think Hitler .
[00:03:06.000 --> 00:03:10.000] This is a pent agon in the current China , with which everyone trades .
[00:03:10.000 --> 00:03:13.000] Mr . Mar ius z , let 's get back to the issue of wages .
[00:03:13.000 --> 00:03:17.000] I have a question of a fundamental nature , which I often ask .
[00:03:17.000 --> 00:03:22.000] Should the state authorities intervene between the employee and his employer
[00:03:22.000 --> 00:03:25.000] and set some level of minimum wages ?
[00:03:25.000 --> 00:03:28.000] Or should it be left to some market game ,
[00:03:28.000 --> 00:03:33.000] the negotiating skills of an employee who can bargain a little more ?
[00:03:33.000 --> 00:03:41.000] The only system that interfer es with the economy is communist ideology .
[00:03:41.000 --> 00:03:45.000] As far as I know , it has never ended well .
[00:03:45.000 --> 00:03:50.000] We currently have a massive attack of communist ide ologies in the Western world .
[00:03:50.000 --> 00:03:52.000] The effects are visible to the naked eye .
[00:03:52.000 --> 00:03:55.000] If we don 't stop it , it will end as always .
[00:03:55.000 --> 00:03:59.000] That is , an economic collapse and most often mass and million - dollar deaths .
[00:03:59.000 --> 00:04:01.000] Because that 's exactly what history teaches us .
[00:04:01.000 --> 00:04:03.000] An example from Bangladesh goes on .
[00:04:03.000 --> 00:04:07.000] For these wage negotiations and to set a new level of minimum wage ,
[00:04:07.000 --> 00:04:09.000] a series of demonstrations took place .
[00:04:09.000 --> 00:04:12.000] And it was such a heavy start with the police .
[00:04:12.000 --> 00:04:16.000] Several people were injured , two people died in the start with the police .
[00:04:16.000 --> 00:04:19.000] Can you imagine that we will be with our employer
[00:04:19.000 --> 00:04:23.000] set our wages by running away to strikes , demonstrations and beating s ?
[00:04:23.000 --> 00:04:26.000] I think it 's inevitable . It 's just a matter of time .
[00:04:26.000 --> 00:04:29.000] The water is flowing from the bath , until the ur b ian is gone .
[00:04:29.000 --> 00:04:31.000] The media does not show what is happening .
[00:04:31.000 --> 00:04:34.000] But such things , demonstrations , fights with the police ,
[00:04:34.000 --> 00:04:37.000] are happening in practically every country in the West .
[00:04:37.000 --> 00:04:39.000] The famous protest in Canada .
[00:04:39.000 --> 00:04:41.000] We are talking about at least hundreds of thousands ,
[00:04:41.000 --> 00:04:43.000] some people were talking about million - dollar sins .
[00:04:43.000 --> 00:04:47.000] People who openly told the government , " No , we are fed up with it ."
[00:04:47.000 --> 00:04:50.000] Canada was syn onymous with wealth , luxury .
[00:04:50.000 --> 00:04:51.000] Yes , and peace .
[00:04:51.000 --> 00:04:52.000] Yes , of course .
[00:04:52.000 --> 00:04:54.000] Let 's take the Netherlands now .
[00:04:54.000 --> 00:04:57.000] What is happening there ? What are the farmers ' fights with the government ?
[00:04:57.000 --> 00:04:59.000] It is not somehow commonly spoken about .
[00:04:59.000 --> 00:05:02.000] It is everywhere . People are extremely diss atisfied .
[00:05:02.000 --> 00:05:05.000] The media , of course , masks it .
[00:05:05.000 --> 00:05:08.000] But at some point , like with the Z ban ,
[00:05:08.000 --> 00:05:10.000] there comes a moment when people are fed up .
[00:05:10.000 --> 00:05:13.000] In my opinion , in Poland , we are still holding on somehow .
[00:05:13.000 --> 00:05:17.000] The Pol es are extremely persistent , extremely helpful and extremely understanding .
[00:05:17.000 --> 00:05:20.000] But even the Pol es can say " en ough "
[00:05:20.000 --> 00:05:24.000] and even stand up to the largest military force in the world ,
[00:05:24.000 --> 00:05:26.000] that is , the Warsaw P act .
[00:05:26.000 --> 00:05:29.000] Mr . Mar ius z , but there are some civil ized methods .
[00:05:29.000 --> 00:05:32.000] There are three - way commissions with the participation of entrepreneurs ,
[00:05:32.000 --> 00:05:34.000] trade unions and representatives of the authorities ,
[00:05:34.000 --> 00:05:38.000] where such things are simply negotiated and established in a civil ized way .
[00:05:38.000 --> 00:05:42.000] Can you give me an example of such success anywhere in the world ?
[00:05:42.000 --> 00:05:43.000] Because I don 't know .
[00:05:43.000 --> 00:05:49.000] In Poland , it was decided that the minimum wage will be 4 , 24 2 z lot ys from next year .
[00:05:49.000 --> 00:05:50.000] And it 's in such a commission .
[00:05:50.000 --> 00:05:52.000] And you think they understand it as a success , right ?
[00:05:52.000 --> 00:05:55.000] Well , from the point of view of an employee , it will increase by 500 z lot ys ,
[00:05:55.000 --> 00:05:57.000] so it 's probably some kind of success .
[00:05:57.000 --> 00:06:00.000] First of all , the employees do not determine this in any way ,
[00:06:00.000 --> 00:06:05.000] only the intermedi aries who live from it to make it bad .
[00:06:05.000 --> 00:06:08.000] Both sides live from the work of these employees .
[00:06:08.000 --> 00:06:10.000] They literally paras it ize on them .
[00:06:10.000 --> 00:06:13.000] What conditions will the dog 's life set in ?
[00:06:13.000 --> 00:06:15.000] Such that it eats the best .
[00:06:15.000 --> 00:06:17.000] This is the whole problem ,
[00:06:17.000 --> 00:06:23.000] that there is no such thing here that the workers really exist in their name .
[00:06:23.000 --> 00:06:25.000] I will give an example from abroad , a very large one .
[00:06:25.000 --> 00:06:30.000] Jimmy Hoff a , who was the most important union activist in the United States .
[00:06:30.000 --> 00:06:33.000] Pract ically , he had more strength than the president of the United States , sir .
[00:06:33.000 --> 00:06:36.000] I once watched a movie about his uninter esting arrangements .
[00:06:36.000 --> 00:06:40.000] Let 's use our initiative again , which we have created together .
[00:06:40.000 --> 00:06:42.000] aud y cje . com . pl
[00:06:42.000 --> 00:06:44.000] I can just throw some material on this topic there ,
[00:06:44.000 --> 00:06:48.000] so that you realize what the system looks like in reality
[00:06:48.000 --> 00:06:53.000] between the government and the unions or unions .
[00:06:53.000 --> 00:06:58.000] Because there it was exposed in an amazing , und is put ed way .
[00:06:58.000 --> 00:07:03.000] Cho osing another president of the unions will not change anything .
[00:07:03.000 --> 00:07:06.000] Because the system does not change , the system does not change .
[00:07:06.000 --> 00:07:11.000] Because both sides that negotiate on behalf of the workers live from the workers .
[00:07:11.000 --> 00:07:15.000] The mafia ruled the unions in the United States .
[00:07:15.000 --> 00:07:18.000] This is how the world works , ladies and gentlemen .
[00:07:18.000 --> 00:07:22.000] If any of you is thinking that we have it different , then think again .
[00:07:22.000 --> 00:07:26.000] All people have the same advantages , the same disadvantages .
[00:07:26.000 --> 00:07:30.000] Will we allow this bad defect to flourish ?
[00:07:30.000 --> 00:07:35.000] Or maybe we will try to eliminate as much as possible these path ological systems ?
[00:07:35.000 --> 00:07:37.000] We will continue the topic after the break .
[00:07:37.000 --> 00:07:38.000] Thank you .
[00:07:39.000 --> 00:07:41.000] The end
[00:07:41.000 --> 00:07:43.000] The end
[00:08:09.000 --> 00:08:11.000] What 's up , Mr . Mar ius z ?
[00:08:11.000 --> 00:08:15.000] Mar ius z Stef ani ak , financial economist , president of the Foundation " W i ? cej M ?d ro ?ci ".
[00:08:15.000 --> 00:08:18.000] Today we are talking about earnings , about pens ions of each of us .
[00:08:18.000 --> 00:08:22.000] I have never done this before in our hearing , but I refer to the Bible .
[00:08:22.000 --> 00:08:27.000] In the Gospel there is such a note - " A wor ker is a good person for his payment ."
[00:08:27.000 --> 00:08:31.000] Well , I 'm in this situation right now , I 've never employed anyone ,
[00:08:31.000 --> 00:08:33.000] I didn 't have to set any salaries for anyone .
[00:08:33.000 --> 00:08:37.000] But how to understand , Mr . Mar ius z , a good salary ?
[00:08:37.000 --> 00:08:41.000] What should it depend on , how should it be shaped ?
[00:08:41.000 --> 00:08:43.000] Exactly as it is described in the Bible .
[00:08:43.000 --> 00:08:51.000] The Bible , especially the initial parts , were documents written by the smartest people in the world .
[00:08:51.000 --> 00:08:57.000] And the rules they described there prepared the foundations for a successful economic and social life .
[00:08:57.000 --> 00:09:03.000] I will not comment on the dog matic elements , of course , but the same economic part written there .
[00:09:03.000 --> 00:09:06.000] As you know , I managed and manage companies , it is my profession .
[00:09:06.000 --> 00:09:08.000] Sometimes I had hundreds of people under me .
[00:09:08.000 --> 00:09:15.000] And I can safely say that maybe about 10 % had a decent salary ,
[00:09:15.000 --> 00:09:20.000] most of them had below what they should have to live dec ently .
[00:09:20.000 --> 00:09:25.000] So you don 't have to wonder if you can afford a better meal on a given day , if you feel like it ,
[00:09:25.000 --> 00:09:28.000] and you don 't have to count money until the end of the month .
[00:09:28.000 --> 00:09:32.000] Unless you have some bigger or unpl anned expenses , of course .
[00:09:32.000 --> 00:09:39.000] This is the guarantee of your children 's livelihood , which does not force them to constantly listen to " Dad , Mom can 't afford it ."
[00:09:39.000 --> 00:09:45.000] It 's funny that on the scale of the whole society we have managed to sc and al ously cheat on the pay .
[00:09:45.000 --> 00:09:53.000] Forget ting that for centuries , if one man in the house had a degree or a profession , he could support his wife and children .
[00:09:53.000 --> 00:09:58.000] Today , with an average pension , almost no one survives , certainly not dec ently .
[00:09:58.000 --> 00:10:04.000] Offic ially , it is about 7 300 , in reality we get about 5000 .
[00:10:04.000 --> 00:10:07.000] May you keep your wife and children in Poland .
[00:10:07.000 --> 00:10:08.000] I wish you good luck .
[00:10:08.000 --> 00:10:16.000] So the need is at least two people to bring so much , and then we can talk about a decent life .
[00:10:16.000 --> 00:10:23.000] Mr . Mar ius z , I just made a small comparison , because in Poland there are , of course , institutions that deal with social affairs ,
[00:10:23.000 --> 00:10:27.000] and these institutions account for something like a minimum social .
[00:10:27.000 --> 00:10:35.000] Currently , such a minimum social , i . e . ensuring the most basic needs of life , actually guarantee ing only existence , sustainability ,
[00:10:35.000 --> 00:10:45.000] is about 3000 z lot ys for a two - person family , and for a two - person family , i . e . a marriage with a child , it is 43 50 z lot ys .
[00:10:45.000 --> 00:10:52.000] This directly shows that by earning a little more than this minimum wage , and most people earn like that ,
[00:10:52.000 --> 00:10:58.000] we are not actually able to support the family and provide it with even a minimum of existence .
[00:10:58.000 --> 00:11:00.000] Exactly , this is my point .
[00:11:00.000 --> 00:11:10.000] I don 't know if you remember , but in one of our previous aud itions we showed how huge the number of people in Poland live below or on the border of poverty .
[00:11:10.000 --> 00:11:20.000] Most people in Poland , ladies and gentlemen , have no savings , the data is published , and a large part of Pol es are in debt .
[00:11:20.000 --> 00:11:29.000] These are really terrifying symptoms that bad things are happening in the country , and no matter what the minimum wage , average , is ,
[00:11:29.000 --> 00:11:31.000] it doesn 't matter , it 's just numbers .
[00:11:31.000 --> 00:11:41.000] Ladies and gentlemen , you don 't have money , you don 't have savings , you don 't have insurance , but you have a large part of debt .
[00:11:41.000 --> 00:11:46.000] Well , the G US calcul ates and publish es average pens ions and average salaries every quarter .
[00:11:46.000 --> 00:11:51.000] Currently , it is about 7 000 z lot ys brut to , i . e . before tax ev asion .
[00:11:51.000 --> 00:11:53.000] On hand , it is a little over 5000 .
[00:11:53.000 --> 00:11:56.000] Is this the level that , in your opinion , provides a decent life ?
[00:11:56.000 --> 00:12:00.000] The level of the middle class ? Or should the middle class earn more ?
[00:12:00.000 --> 00:12:02.000] No , this is the level of vegetation .
[00:12:02.000 --> 00:12:10.000] If you take into account that you have children , a wife , you pay for some apartment , you have a car ,
[00:12:10.000 --> 00:12:13.000] you will always look at how many days are left until the end of the month .
[00:12:13.000 --> 00:12:21.000] Well , Mr . Mar ius z , let 's be honest , for a four - person family , the level of payments providing a decent life , how much should it be ?
[00:12:21.000 --> 00:12:24.000] Double the brush , you have to have about 15 , 000 .
[00:12:24.000 --> 00:12:29.000] And what , do you think that this private entrepreneur , not forced to do it , is able to pay that much ?
[00:12:29.000 --> 00:12:34.000] Or he just doesn 't want to pay that much , or he is not able to pay that much , given the current tax burdens ?
[00:12:34.000 --> 00:12:38.000] You asked an incredibly complicated question .
[00:12:38.000 --> 00:12:47.000] Most employers are not able to pay that much due to the level of burden s imposed on them .
[00:12:47.000 --> 00:12:55.000] That is , these dear rulers who live on the burden of their citizens , entrepreneurs , with the highest taxes .
[00:12:55.000 --> 00:13:00.000] Secondly , the entrepreneur will pay only as much as he has to .
[00:13:00.000 --> 00:13:04.000] It is one of the basic fundamental rules of the economy .
[00:13:04.000 --> 00:13:06.000] Maxim um effect with minimal impact .
[00:13:06.000 --> 00:13:11.000] If people agree and are satisfied with the fact that they get a dollar , it 's great .
[00:13:11.000 --> 00:13:17.000] If in a given country there is poverty , hunger , as we said in Bangladesh , there are many other countries ,
[00:13:17.000 --> 00:13:21.000] what employer would like to pay them more ?
[00:13:21.000 --> 00:13:22.000] It doesn 't make any sense .
[00:13:22.000 --> 00:13:29.000] If there is a very high wage , that is , people with low education , low skills go to work
[00:13:29.000 --> 00:13:34.000] and there are millions of people to choose from , why should we over pay ?
[00:13:34.000 --> 00:13:40.000] If we have people who are important to entrepreneurs , he is able to pay them absurd amounts of money .
[00:13:40.000 --> 00:13:45.000] I personally know entrepreneurs who pay their employees more than they earn .
[00:13:45.000 --> 00:13:47.000] More than the president earns , right ?
[00:13:47.000 --> 00:13:54.000] Yes . So an employee , even the lowest rank , can earn more than the president .
[00:13:54.000 --> 00:13:56.000] Only when do we pay such an employee ?
[00:13:56.000 --> 00:14:03.000] When he brings value . If someone comes to this machine and we can teach everyone to work on the machine ,
[00:14:03.000 --> 00:14:05.000] why should we pay him a lot ?
[00:14:05.000 --> 00:14:08.000] But if we have a machine specialist , I know an example ,
[00:14:08.000 --> 00:14:14.000] there is one physical employee who can program CNC machines .
[00:14:14.000 --> 00:14:18.000] He is naturally late , he is somewhere , he is not afraid of any manager , president ,
[00:14:18.000 --> 00:14:22.000] because there is no one in this company who could do it .
[00:14:22.000 --> 00:14:27.000] Therefore , ladies and gentlemen , it is important that you learn , that you acquire skills , qualifications ,
[00:14:27.000 --> 00:14:31.000] because if you are one of the millions of people who can be employed ,
[00:14:31.000 --> 00:14:34.000] then why would anyone want to pay you ?
[00:14:34.000 --> 00:14:38.000] Mr . Mar ius z , break number two . We will return to a very interesting conversation in a moment .
[00:14:38.000 --> 00:14:40.000] More than a machine .
[00:14:41.000 --> 00:14:43.000] More than a machine .
[00:14:43.000 --> 00:14:45.000] More than a machine .
[00:15:12.000 --> 00:15:16.000] I am Stefan , an economist , a financi er . Today we are talking about payments .
[00:15:16.000 --> 00:15:21.000] Mr . Mar ius z , the state we are talking about here is also a huge employer .
[00:15:21.000 --> 00:15:26.000] It em ploys the entire public sphere , administration , teachers , services .
[00:15:26.000 --> 00:15:33.000] Should the state shape the level of earnings with the earnings it offers and pays ?
[00:15:33.000 --> 00:15:36.000] We are dealing with the constant diss atisf action of the public sphere .
[00:15:36.000 --> 00:15:38.000] They actually earn little .
[00:15:38.000 --> 00:15:41.000] Should the state give a good example and start paying more ?
[00:15:41.000 --> 00:15:43.000] Today you have no mercy for me .
[00:15:43.000 --> 00:15:52.000] These are such useful stages and they should be rewarded in the same way as they contribute a lot to our social and economic life .
[00:15:52.000 --> 00:15:55.000] Once a teacher had , for example , high pens ions and a high social status .
[00:15:55.000 --> 00:15:59.000] Today , there are failures going to school who can 't do anything .
[00:15:59.000 --> 00:16:08.000] One in a hundred is suitable for this position when it comes to skills , qualifications and knowledge .
[00:16:08.000 --> 00:16:13.000] It 's a shame to even comment on officials , because as usual , the example goes from the very top .
[00:16:13.000 --> 00:16:22.000] But as you can see , I vote for people , because I am vol un t arily voting for people who could not manage a residential store , because they have no skills or economic knowledge .
[00:16:22.000 --> 00:16:29.000] When you look at literally the most important people in the country over the past decade and for decades ,
[00:16:29.000 --> 00:16:39.000] I see a show of failures and failures of life without a shadow of professional achievements or professional knowledge , not to mention management or economy .
[00:16:39.000 --> 00:16:44.000] Recently , I saw that the mars hal from the Se jm has a " med ium education ".
[00:16:44.000 --> 00:16:47.000] What kind of official should he have in the local government ?
[00:16:47.000 --> 00:16:49.000] Should he be ill iter ate ?
[00:16:49.000 --> 00:16:55.000] But they just set their own earnings and probably take care of it themselves to be at a good level .
[00:16:55.000 --> 00:17:06.000] No doubt , as we said about these officials , someone who doesn 't know anything about something and is just an intermedi ary , has a lot better than those who supposedly have a name .
[00:17:06.000 --> 00:17:08.000] It 's absurd .
[00:17:08.000 --> 00:17:15.000] If we hire someone professional , you can gr umble that he earns a lot and so on , but at least he does his job well .
[00:17:15.000 --> 00:17:30.000] But when we have people who have no preparation , no education , no knowledge , no real achievements , and we give them super conditions , imp unity , gigantic possibilities of earning money , legal and illegal , to be clear .
[00:17:30.000 --> 00:17:36.000] They also take various kinds of b rib es , make gigantic sc ams , get into mafia systems .
[00:17:36.000 --> 00:17:41.000] This is a problem of the system , because we are not talking about the problems of specific people or specific parties .
[00:17:41.000 --> 00:17:45.000] The problem here is the whole system , the social and economic one .
[00:17:45.000 --> 00:17:52.000] The whole approach to it and how and what people we let into such positions , such responsible positions .
[00:17:52.000 --> 00:18:01.000] Mr . Mar ys iu , you have criticized the authorities a lot , but the fact is that in the last 5 years , the minimum wage , also criticized by you , has increased twice .
[00:18:01.000 --> 00:18:05.000] And somehow it has covered with a period of quite good prosperity .
[00:18:05.000 --> 00:18:09.000] So does the level of earnings affect the functioning of the economy ?
[00:18:09.000 --> 00:18:14.000] I would not agree with your assumption that we had some prosperity in the last few years .
[00:18:14.000 --> 00:18:19.000] We are such a terribly de bt ed country and in recent years the level of debt is rapidly increasing .
[00:18:19.000 --> 00:18:22.000] It 's not that there is prosperity , sir . There is no prosperity .
[00:18:22.000 --> 00:18:25.000] I meant more the level of life of Pol es , which has increased .
[00:18:25.000 --> 00:18:27.000] But that 's exactly what I 'm talking about .
[00:18:27.000 --> 00:18:31.000] This is not the level of life , it 's just a higher level of debt .
[00:18:31.000 --> 00:18:35.000] We have no level of life . We have a minus level of life .
[00:18:35.000 --> 00:18:40.000] On the minus , see the official data , se jm . gov . pl , I encourage you to visit .
[00:18:40.000 --> 00:18:43.000] We are more and more in debt , it 's getting worse .
[00:18:43.000 --> 00:18:48.000] Each successive government adds minus es to our balance sheet .
[00:18:48.000 --> 00:18:56.000] This is terrifying . The fact that someone will go to the casino , borrow money and buy you a lo ll ip op , does not mean that you will live better in the family .
[00:18:56.000 --> 00:18:57.000] I 'm sorry .
[00:18:57.000 --> 00:18:59.000] I 'll eat a lo ll ip op and be happy .
[00:18:59.000 --> 00:19:06.000] You see , literally , the father drinks , everything is set up in the casino , and he goes to his wife to buy flowers , a child a lo ll ip op .
[00:19:06.000 --> 00:19:09.000] " I 'm a great father , look , I can handle it ."
[00:19:09.000 --> 00:19:11.000] Someone will pay this debt .
[00:19:11.000 --> 00:19:13.000] And I say right away , it will definitely not be a politician .
[00:19:13.000 --> 00:19:15.000] It will definitely not be an official , ladies and gentlemen .
[00:19:15.000 --> 00:19:22.000] You will pay this debt , and see what the average debt for every Pole looks like .
[00:19:22.000 --> 00:19:24.000] These are terrifying amounts .
[00:19:24.000 --> 00:19:32.000] You are a part of this country , and you are burden ed with the appropriate part of this debt , which is bor ne by an official and a politician in your name .
[00:19:32.000 --> 00:19:37.000] Finally , Mr . Mar ius z , I would like to ask about another difficult topic , i . e . the availability of rewards .
[00:19:37.000 --> 00:19:44.000] The European Union is preparing , or rather has already prepared , regulations that will require the increase of this availability .
[00:19:44.000 --> 00:19:51.000] For example , private companies , not to mention any public institutions , will soon announce the level of rewards .
[00:19:51.000 --> 00:19:54.000] Maybe not for a specific person , but let 's say for a given position .
[00:19:54.000 --> 00:19:59.000] And in theory , this is supposed to lead to a balance of payments , to eliminate any inequalities ,
[00:19:59.000 --> 00:20:04.000] for example , that men earn more than women doing the same job .
[00:20:04.000 --> 00:20:11.000] Can these things be regulated so ab hor rent ly by the regulations , or will it always be born in some path ology ?
[00:20:11.000 --> 00:20:17.000] It can definitely be regulated , and all communist governments have always done it .
[00:20:17.000 --> 00:20:26.000] Of course , it is also as you said , that despite the formal regulation , people will do their own , and entrepreneurs and employees .
[00:20:26.000 --> 00:20:29.000] That is why every communist is based on lies .
[00:20:29.000 --> 00:20:36.000] Offic ially there is one narrative , but in reality there is a gap between what is said and what is done .
[00:20:36.000 --> 00:20:38.000] It 's always bad , ladies and gentlemen .
[00:20:38.000 --> 00:20:42.000] The third aspect of your question is even more serious .
[00:20:42.000 --> 00:20:50.000] The complete absurd ity of the very idea of this idea , that someone will be equal to the employee .
[00:20:50.000 --> 00:20:56.000] One day we can do an audition on how women earn , how men earn .
[00:20:56.000 --> 00:21:01.000] Because this is an amazing topic , and I think it is a rather broad topic .
[00:21:01.000 --> 00:21:03.000] Ide ologically , not economically .
[00:21:03.000 --> 00:21:07.000] So maybe we will look not from the point of view of ideology , but from the point of view of economy .
[00:21:07.000 --> 00:21:14.000] Mr . Mar ius z , answering my question , you have opened a whole range of new questions , and there are so many of them that we will definitely not make it in time for this audition .
[00:21:14.000 --> 00:21:17.000] Thank you very much for the interview , I hope it was interesting .
[00:21:17.000 --> 00:21:22.000] Mar ius z Stef ani ak , economist , financi er , president of the Foundation for More Wis dom .
[00:21:22.000 --> 00:21:30.000] Of course , we invite you to our website aud y cje . com . pl , where you can listen to the aud itions .
[00:21:30.000 --> 00:21:34.000] And of course , there will be additional material for those interested .
[00:21:34.000 --> 00:21:37.000] The audition was conducted by Kr z ysz to f Stra uch man . Thank you .
[00:21:39.000 --> 00:21:47.000] Other radio stations in G ? uch o ? az ie and the area - 105 . 2 .
[00:21:47.000 --> 00:21:50.000] The end .
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the score , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's the score , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:18.000] Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:18.000 --> 00:00:21.000] Quite recently you complained about the citizens of Ukraine ,
[00:00:21.000 --> 00:00:25.000] who quickly get a license to retire in Poland .
[00:00:25.000 --> 00:00:30.000] Meanwhile , I recently saw an interview with the president of Z US .
[00:00:30.000 --> 00:00:33.000] She revealed that it is thanks to millions of foreigners ,
[00:00:33.000 --> 00:00:37.000] of which probably 750 , 000 are Ukrain ians ,
[00:00:37.000 --> 00:00:41.000] foreigners who pay pens ions and health insurance in Poland ,
[00:00:41.000 --> 00:00:45.000] the situation in the Social Security Fund is stable .
[00:00:45.000 --> 00:00:48.000] So in practice , no one from the pens ions has to worry
[00:00:48.000 --> 00:00:52.000] that they will not get a pension in time and that there will be any problems with the payment of pens ions .
[00:00:52.000 --> 00:00:58.000] So maybe the benefits of hiring Ukrain ians are greater than losses .
[00:00:58.000 --> 00:01:03.000] Anyway , I don 't even know how many pens ions we pay for Ukrain ians and what the amounts are ,
[00:01:03.000 --> 00:01:05.000] because I have never found such data anywhere .
[00:01:05.000 --> 00:01:07.000] You probably won 't find them easily .
[00:01:07.000 --> 00:01:11.000] No one would be in your hands if you could find them so easily .
[00:01:11.000 --> 00:01:15.000] Let 's say you have financial problems and you can 't afford the payments .
[00:01:15.000 --> 00:01:17.000] What now ? What now ?
[00:01:17.000 --> 00:01:22.000] I 'll take a moment ary loan and suddenly everything goes as it should .
[00:01:22.000 --> 00:01:24.000] It 's cool , because nothing works for you , right ?
[00:01:24.000 --> 00:01:26.000] Well , not really , I guess .
[00:01:26.000 --> 00:01:28.000] Well , because then you have to pay that moment .
[00:01:28.000 --> 00:01:29.000] Bravo .
[00:01:29.000 --> 00:01:31.000] That 's the problem , that it 's not just one problem .
[00:01:31.000 --> 00:01:36.000] Number one , it 's enough for you to tap on TikTok , YouTube
[00:01:36.000 --> 00:01:41.000] and see Ukrain ians who teach other Ukrain ians how to get pens ions from Poland .
[00:01:41.000 --> 00:01:44.000] And we 're not talking about persu ading them to work until they 're 60 ,
[00:01:44.000 --> 00:01:49.000] but saying " no , no , no , no , no one says that and they don 't plan it that way ".
[00:01:49.000 --> 00:01:52.000] Of course , if you check the average Polish pension ,
[00:01:52.000 --> 00:01:59.000] it 's not very high , but in Ukraine such a pension is PL N 250 - 2 70 ,
[00:01:59.000 --> 00:02:03.000] so it doesn 't matter how much they get in the Polish pension system ,
[00:02:03.000 --> 00:02:10.000] for them it 's just an amazing luxury , which they will have paid for the rest of their lives .
[00:02:10.000 --> 00:02:14.000] I quickly checked the economic status of Ukrain ians in Poland .
[00:02:14.000 --> 00:02:18.000] The Economic Co operation and Development Organization calculated in its report
[00:02:18.000 --> 00:02:24.000] that Poland has spent the most money from all countries
[00:02:24.000 --> 00:02:28.000] on covering the costs of supporting Ukrain ians , the so - called " p ension ers ".
[00:02:28.000 --> 00:02:33.000] Let 's be honest , we pay as much as all the countries together .
[00:02:33.000 --> 00:02:40.000] For 10 months of 2022 we spent PL N 40 billion .
[00:02:40.000 --> 00:02:46.000] I think that Ukrain ians in taxes or Z US etc . paid any noticeable amount ,
[00:02:46.000 --> 00:02:51.000] let 's say , I 'm not exagger ating , it 's completely noticeable , their impact on our economy .
[00:02:51.000 --> 00:02:55.000] But the impact is very measurable , very noticeable .
[00:02:55.000 --> 00:03:00.000] So even this already destroys any sense that Ukrain ians are in Poland at all ,
[00:03:00.000 --> 00:03:02.000] in any amount , to be honest .
[00:03:02.000 --> 00:03:05.000] I read in this report that , I quote ,
[00:03:05.000 --> 00:03:12.000] " U k rain ian citizens living in Poland send to their country on average PL N 77 1 per month ."
[00:03:12.000 --> 00:03:13.000] Per person , right ?
[00:03:13.000 --> 00:03:17.000] Yes . This is eviden ced by research conducted by the Mig ration Platform
[00:03:17.000 --> 00:03:20.000] and the University of Warsaw 's study .
[00:03:20.000 --> 00:03:24.000] More than half of Ukrain ians declare that they send money to Poland ,
[00:03:24.000 --> 00:03:26.000] and only 6 % receive it .
[00:03:26.000 --> 00:03:30.000] So we finance 94 % of their lives , not only their lives ,
[00:03:30.000 --> 00:03:36.000] but also their families , their businesses , their money in Ukraine .
[00:03:36.000 --> 00:03:41.000] When I saw the questionnaire of research conducted by the Mig ration Platform ,
[00:03:41.000 --> 00:03:47.000] Ukrain ians receive on average PL N 96 1 per month
[00:03:47.000 --> 00:03:50.000] after all the expenses related to Poland .
[00:03:50.000 --> 00:03:58.000] The Border Guard , since February 2022 , recorded 15 . 5 million en t ries to Poland from Ukraine .
[00:03:58.000 --> 00:04:00.000] 15 . 5 million entries !
[00:04:00.000 --> 00:04:03.000] Offic ially , I took from the government data ,
[00:04:03.000 --> 00:04:08.000] that 32 8 , 000 Ukrainian children use the 500 +.
[00:04:08.000 --> 00:04:12.000] You can guess that the number of mothers must be significantly smaller than the number of children .
[00:04:12.000 --> 00:04:17.000] Let 's round it up , let it be a crazy half a million mothers with children .
[00:04:17.000 --> 00:04:21.000] 15 . 5 million ent rie s , and half a million are only mothers with children .
[00:04:21.000 --> 00:04:24.000] So who entered us ?
[00:04:24.000 --> 00:04:27.000] You said that maybe it is beneficial for us , for the Z US .
[00:04:27.000 --> 00:04:30.000] Let 's take a look at Z US .
[00:04:30.000 --> 00:04:32.000] Z US is bankrupt .
[00:04:32.000 --> 00:04:39.000] We have to pay about PL N 300 billion in the next years from the budget to pay for the certificates .
[00:04:39.000 --> 00:04:43.000] So Z US is not able to finance itself from what it receives .
[00:04:43.000 --> 00:04:49.000] And we are talking about a gigantic disparity in what it needs and what it receives .
[00:04:49.000 --> 00:04:52.000] Do you remember the moment when there was such a big hole ,
[00:04:52.000 --> 00:04:55.000] that they took every Ukrainian , so that they worked for a moment ,
[00:04:55.000 --> 00:04:58.000] there will be some payment , and they will make payments from it .
[00:04:58.000 --> 00:05:02.000] But despite this , we still have to pay the budget .
[00:05:02.000 --> 00:05:04.000] Z US is bankrupt , it is evident .
[00:05:04.000 --> 00:05:06.000] Is Z US bankrupt ?
[00:05:06.000 --> 00:05:07.000] Obviously not .
[00:05:07.000 --> 00:05:12.000] Because according to the Constitution , not Z US , but the Polish government is responsible for the payments .
[00:05:12.000 --> 00:05:15.000] The whole of Poland would have to officially announce bankruptcy ,
[00:05:15.000 --> 00:05:17.000] so that Z US could go bankrupt .
[00:05:17.000 --> 00:05:20.000] That 's why you can steal Z US as much as you want ,
[00:05:20.000 --> 00:05:23.000] because it will always be added as much as necessary ,
[00:05:23.000 --> 00:05:25.000] so that this system works .
[00:05:25.000 --> 00:05:28.000] Of course , from the pockets of taxpayers , i . e . ours .
[00:05:28.000 --> 00:05:32.000] I will give you a word , but if we have a wave of em ig rants who work now ,
[00:05:32.000 --> 00:05:34.000] and there are several hundred thousand people ,
[00:05:34.000 --> 00:05:36.000] some of them may stay permanently in Poland .
[00:05:36.000 --> 00:05:41.000] They will not support this pension system in any significant way , staying here ?
[00:05:41.000 --> 00:05:46.000] If our pension system is inefficient in the current system ,
[00:05:46.000 --> 00:05:49.000] when a Pole works until the age of 60 ,
[00:05:49.000 --> 00:05:52.000] then if we add people who will not work as much ,
[00:05:52.000 --> 00:05:54.000] so they will invest much less .
[00:05:54.000 --> 00:05:56.000] Money circul ates in the economy like blood ,
[00:05:56.000 --> 00:06:00.000] and it feeds individual organs , individual industries , individual companies .
[00:06:00.000 --> 00:06:03.000] And suddenly , someone will let go of this blood ,
[00:06:03.000 --> 00:06:06.000] and this blood will flow elsewhere , abroad .
[00:06:06.000 --> 00:06:10.000] The same is with markets , with Western companies that do not pay taxes here ,
[00:06:10.000 --> 00:06:12.000] and they take profits for themselves .
[00:06:12.000 --> 00:06:17.000] They just cut our veins and pump out Polish blood , Polish money .
[00:06:17.000 --> 00:06:19.000] Do you understand ? Ukrain ians do exactly the same .
[00:06:19.000 --> 00:06:21.000] We are talking about millions of people who do this .
[00:06:21.000 --> 00:06:25.000] Z US itself is an inefficient organ at many levels .
[00:06:25.000 --> 00:06:28.000] I will give you a quote from the portal man y . pl .
[00:06:28.000 --> 00:06:31.000] " The Supreme Court has suspended two years of prison for Syl w ester R .
[00:06:31.000 --> 00:06:33.000] former president of the Social Security Foundation
[00:06:33.000 --> 00:06:36.000] and T ade usz R . former director of the Z US branch of the S z cze cin University .
[00:06:36.000 --> 00:06:39.000] Mill ions of z lot ys spent on le vy of sick leave ."
[00:06:39.000 --> 00:06:41.000] And so on and so forth .
[00:06:41.000 --> 00:06:43.000] Our money is not in good hands .
[00:06:43.000 --> 00:06:45.000] The system is inefficient on its own ,
[00:06:45.000 --> 00:06:47.000] and people who work in the system
[00:06:47.000 --> 00:06:51.000] brutally use it and deterior ate the whole system .
[00:06:51.000 --> 00:06:55.000] And Ukrain ians do even worse things .
[00:06:55.000 --> 00:06:58.000] A lot of examples that the media does not write about at all , which shocks me .
[00:06:58.000 --> 00:07:00.000] Ste aling Polish V AT system by Ukrain ians .
[00:07:00.000 --> 00:07:02.000] C BA . gov . pl portal .
[00:07:02.000 --> 00:07:05.000] A citizen of Ukraine was to withdraw V AT tax on the border .
[00:07:05.000 --> 00:07:07.000] The detention has to do with the withdrawal of V AT tax
[00:07:07.000 --> 00:07:09.000] returned on the borders as part of tax - free
[00:07:09.000 --> 00:07:11.000] and a ca pture for the guard s .
[00:07:11.000 --> 00:07:15.000] The documents were for a total amount of PL N 200 , 000 .
[00:07:15.000 --> 00:07:17.000] The charges were heard by 40 people ,
[00:07:17.000 --> 00:07:21.000] and the services are planning further detention .
[00:07:21.000 --> 00:07:25.000] To sum up , we are talking about a great Ukrainian mafia
[00:07:25.000 --> 00:07:28.000] massively ext ort ing V AT taxes .
[00:07:28.000 --> 00:07:32.000] In short , money from our budget , from the state 's pocket .
[00:07:32.000 --> 00:07:34.000] And this is just the tip of the iceberg .
[00:07:34.000 --> 00:07:36.000] In the Republic of Poland , for example .
[00:07:36.000 --> 00:07:37.000] I quote .
[00:07:37.000 --> 00:07:40.000] " Com pan ies cooper ating with entities supporting the victims of war
[00:07:40.000 --> 00:07:45.000] do not pay and will not pay V AT for tax - free goods and services ."
[00:07:45.000 --> 00:07:49.000] " The condition for applying a zero rate is the content of a written contract
[00:07:49.000 --> 00:07:51.000] of an entrepreneur with one of the above - mentioned entities .
[00:07:51.000 --> 00:07:54.000] It should result that tax - free goods or services
[00:07:54.000 --> 00:07:56.000] are associated with the help of the injured ."
[00:07:56.000 --> 00:08:00.000] What 's interesting , there is no control system
[00:08:00.000 --> 00:08:02.000] in Ukraine about what 's going on with these goods .
[00:08:02.000 --> 00:08:05.000] How are we supposed to control them in a foreign country ,
[00:08:05.000 --> 00:08:08.000] especially one so corrupt , and during the war ?
[00:08:08.000 --> 00:08:13.000] So let 's guess what 's going on with Polish money .
[00:08:13.000 --> 00:08:17.000] Because we physically spend , pay V AT to them .
[00:08:17.000 --> 00:08:19.000] I myself saw in my own eyes Ukrain ians
[00:08:19.000 --> 00:08:21.000] who buy products in Poland ,
[00:08:21.000 --> 00:08:23.000] declare that they are being exported abroad ,
[00:08:23.000 --> 00:08:26.000] get V AT money , and in Poland they sell them ,
[00:08:26.000 --> 00:08:28.000] for example , on OL IX , Alleg ro , and so on .
[00:08:28.000 --> 00:08:31.000] I 'm not saying that all Ukrain ians steal V AT from us ,
[00:08:31.000 --> 00:08:33.000] because not everyone is such a fan ,
[00:08:33.000 --> 00:08:36.000] but we say that each of them can do it .
[00:08:36.000 --> 00:08:38.000] Because there is no control over it ,
[00:08:38.000 --> 00:08:41.000] no one controls it , because who would ?
[00:08:41.000 --> 00:08:43.000] You should try to do something like that .
[00:08:43.000 --> 00:08:45.000] You won 't do it , why ? Because you don 't deserve it .
[00:08:45.000 --> 00:08:47.000] That 's the whole joke .
[00:08:47.000 --> 00:08:50.000] There is nothing I could imagine economically
[00:08:50.000 --> 00:08:54.000] that could compensate us for the gigantic losses we are suffering ,
[00:08:54.000 --> 00:08:57.000] for which you and your children will pay .
[00:08:57.000 --> 00:08:59.000] There is no other option .
[00:08:59.000 --> 00:09:01.000] To make it even better .
[00:09:01.000 --> 00:09:04.000] We are good , we help the poor , oppressed , and the attacked .
[00:09:04.000 --> 00:09:06.000] But unfortunately , it 's not like that .
[00:09:06.000 --> 00:09:08.000] I took the data from the US Congress ,
[00:09:08.000 --> 00:09:10.000] where serious debates are taking place ,
[00:09:10.000 --> 00:09:12.000] because the Americans have already realized
[00:09:12.000 --> 00:09:14.000] that Ukrain ians are not able to pay off
[00:09:14.000 --> 00:09:17.000] hundreds of billions of dollars that were sent there .
[00:09:17.000 --> 00:09:21.000] And they are not able to pay it off in an absurd ly scand alous way .
[00:09:21.000 --> 00:09:24.000] And the US secret services
[00:09:24.000 --> 00:09:27.000] were not able to reveal to the press
[00:09:27.000 --> 00:09:30.000] the corruption scand als in the nearest area of Zel ens ki .
[00:09:30.000 --> 00:09:33.000] Because they didn 't react to the notes they were sent ,
[00:09:33.000 --> 00:09:36.000] that " do something with this theft , with the catch ers , with the sw ind lers ".
[00:09:36.000 --> 00:09:38.000] Because it 's on a large scale .
[00:09:38.000 --> 00:09:40.000] The aid that is coming , the goods , which I also say ,
[00:09:40.000 --> 00:09:42.000] zero watts , which are coming from Poland ,
[00:09:42.000 --> 00:09:44.000] you have no control over what will happen .
[00:09:44.000 --> 00:09:46.000] And we know for sure that it lands on the black market ,
[00:09:46.000 --> 00:09:49.000] in the hands of the ma f ios os who trade it .
[00:09:49.000 --> 00:09:51.000] And we pump that money there
[00:09:51.000 --> 00:09:53.000] in tens , or maybe hundreds of billions .
[00:09:53.000 --> 00:09:56.000] It can 't be a good interest , to put it shortly .
[00:09:56.000 --> 00:09:58.000] Mr . Mar ius z , time for a break .
[00:09:58.000 --> 00:10:02.000] After the break , we 'll come back to the topic of the pension system .
[00:10:04.000 --> 00:10:08.000] P ension system
[00:10:08.000 --> 00:10:11.000] P ension system
[00:10:11.000 --> 00:10:36.000] What 's the deal , Mr . Mar ius z ?
[00:10:36.000 --> 00:10:38.000] Mar ius z Stef ani ak , economist , financi er ,
[00:10:38.000 --> 00:10:40.000] president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:10:40.000 --> 00:10:42.000] We started with the topic of pens ions
[00:10:42.000 --> 00:10:45.000] and I hope we 'll finish our hearing on the topic of pens ions .
[00:10:45.000 --> 00:10:49.000] Mr . Mar ius z , it wasn 't us who invented the current pension system ,
[00:10:49.000 --> 00:10:51.000] based on the so - called " pen s ion solidarity ",
[00:10:51.000 --> 00:10:53.000] i . e . a system that means that
[00:10:53.000 --> 00:10:56.000] employees are paying pens ions
[00:10:56.000 --> 00:10:58.000] for those who use these pens ions .
[00:10:58.000 --> 00:11:00.000] This system used to work .
[00:11:00.000 --> 00:11:02.000] Does it make no sense at all now
[00:11:02.000 --> 00:11:04.000] and it needs to be thoroughly reform ed ?
[00:11:04.000 --> 00:11:06.000] Is it enough to fix it ?
[00:11:06.000 --> 00:11:08.000] The slogan itself , the idea itself , makes sense ,
[00:11:08.000 --> 00:11:10.000] but of course not its implementation .
[00:11:10.000 --> 00:11:13.000] Everything is in communist ide ologies .
[00:11:13.000 --> 00:11:16.000] It sounds beautiful , but in practice it doesn 't work at all .
[00:11:16.000 --> 00:11:19.000] It 's like you want to fix a corpse .
[00:11:19.000 --> 00:11:22.000] Someone who dies is in a car ri age state .
[00:11:22.000 --> 00:11:25.000] You can , of course , you can do everything
[00:11:25.000 --> 00:11:27.000] and it 's probably appropriate to do everything ,
[00:11:27.000 --> 00:11:30.000] but you have to think about what will happen when this corpse dies .
[00:11:30.000 --> 00:11:33.000] We have to somehow continue to exist .
[00:11:33.000 --> 00:11:35.000] I will say this , in the current system I can 't imagine
[00:11:35.000 --> 00:11:37.000] the existence of such a system ,
[00:11:37.000 --> 00:11:39.000] which is not able to sustain itself ,
[00:11:39.000 --> 00:11:41.000] which , as you say , is a " re vers ed pyramid ",
[00:11:41.000 --> 00:11:43.000] because that 's exactly what it looks like .
[00:11:43.000 --> 00:11:45.000] It has no future ,
[00:11:45.000 --> 00:11:47.000] which is still over used , as I have already shown
[00:11:47.000 --> 00:11:49.000] in a few examples , in a scand alous way ,
[00:11:49.000 --> 00:11:51.000] both internally and externally .
[00:11:51.000 --> 00:11:53.000] Maybe let 's let it die .
[00:11:53.000 --> 00:11:56.000] Mr . Mar ius z , but maybe the solution in this situation
[00:11:56.000 --> 00:11:59.000] and after such a solution has already been reached in the past
[00:11:59.000 --> 00:12:01.000] is to extend the retirement age .
[00:12:01.000 --> 00:12:03.000] If we work until the age of 70
[00:12:03.000 --> 00:12:05.000] and then live for a few years only ,
[00:12:05.000 --> 00:12:08.000] then these financial proportions will reverse .
[00:12:08.000 --> 00:12:10.000] I know you 're not a politician ,
[00:12:10.000 --> 00:12:12.000] so I 'm asking you as an economist ,
[00:12:12.000 --> 00:12:14.000] what is your opinion on this matter ?
[00:12:14.000 --> 00:12:16.000] Of course , you 're right , as an economist
[00:12:16.000 --> 00:12:18.000] I am definitely in favor of such a model ,
[00:12:18.000 --> 00:12:20.000] that you work until , let 's say ,
[00:12:20.000 --> 00:12:22.000] 96 years old ,
[00:12:22.000 --> 00:12:25.000] because it gives a guarantee that the system will be stable .
[00:12:25.000 --> 00:12:27.000] And maybe even on the plus side ,
[00:12:27.000 --> 00:12:29.000] because the data I have
[00:12:29.000 --> 00:12:32.000] guarantees that almost no one will take out a pension .
[00:12:32.000 --> 00:12:34.000] Finally , this system will fix you .
[00:12:34.000 --> 00:12:36.000] Econom ically , it 's a good idea .
[00:12:36.000 --> 00:12:38.000] You will pay all your life ,
[00:12:38.000 --> 00:12:40.000] work until the day of your death
[00:12:40.000 --> 00:12:42.000] and that 's it . Thank you .
[00:12:42.000 --> 00:12:44.000] Then the advisors will ask what about our deposits ,
[00:12:44.000 --> 00:12:47.000] where did the money go , since we don 't use them ?
[00:12:47.000 --> 00:12:49.000] There are many people willing to take these deposits .
[00:12:49.000 --> 00:12:51.000] And there is no problem with the deposits .
[00:12:51.000 --> 00:12:53.000] They will be used .
[00:12:53.000 --> 00:12:55.000] The government , officials and politicians
[00:12:55.000 --> 00:12:57.000] can take care of your money perfectly ,
[00:12:57.000 --> 00:13:00.000] they will prove it and they will probably prove it for the next years .
[00:13:00.000 --> 00:13:04.000] There is also a solution based on the so - called social pension .
[00:13:04.000 --> 00:13:08.000] So we work and we all get the same ,
[00:13:08.000 --> 00:13:10.000] very low pension ,
[00:13:10.000 --> 00:13:13.000] let 's say , 2 , 000 z lot ys in today 's realities .
[00:13:13.000 --> 00:13:15.000] Everyone gets the same amount ,
[00:13:15.000 --> 00:13:17.000] regardless of how much they worked ,
[00:13:17.000 --> 00:13:20.000] how much they deposited . Is this a good solution ?
[00:13:20.000 --> 00:13:22.000] It sounds like a communist ideal .
[00:13:22.000 --> 00:13:24.000] Everyone is equal .
[00:13:24.000 --> 00:13:26.000] From an economic point of view , you know how it will be .
[00:13:26.000 --> 00:13:28.000] If you get the same amount ,
[00:13:28.000 --> 00:13:30.000] regardless of how much work you put in ,
[00:13:30.000 --> 00:13:32.000] every single person will put in as little work as possible .
[00:13:32.000 --> 00:13:34.000] So if everyone put in less and less work ,
[00:13:34.000 --> 00:13:36.000] it turns out that there is no one
[00:13:36.000 --> 00:13:39.000] who would have to work out even the minimum amount .
[00:13:39.000 --> 00:13:42.000] So we enter another spiral of absurd ity ,
[00:13:42.000 --> 00:13:44.000] which will show us that the less you work ,
[00:13:44.000 --> 00:13:46.000] the less you try ,
[00:13:46.000 --> 00:13:48.000] the less positive things you do for the economy ,
[00:13:48.000 --> 00:13:50.000] the better for you .
[00:13:50.000 --> 00:13:54.000] The assumption system is designed to destroy in such a system .
[00:13:54.000 --> 00:13:56.000] There is no free market mechanism ,
[00:13:56.000 --> 00:13:58.000] that the more you work ,
[00:13:58.000 --> 00:14:00.000] the better you live and your children .
[00:14:00.000 --> 00:14:02.000] It 's okay , I encourage you to work .
[00:14:02.000 --> 00:14:05.000] But if you have a company and work more ,
[00:14:05.000 --> 00:14:09.000] we will give the money to those who do not work .
[00:14:09.000 --> 00:14:12.000] As part of various reforms of the pension system in Poland ,
[00:14:12.000 --> 00:14:17.000] several years ago , the so - called second and third pillars of retirement were introduced .
[00:14:17.000 --> 00:14:19.000] So theoretically and practically ,
[00:14:19.000 --> 00:14:21.000] we have the opportunity to deposit
[00:14:21.000 --> 00:14:23.000] some money in individual accounts
[00:14:23.000 --> 00:14:25.000] for the rest of our lives
[00:14:25.000 --> 00:14:28.000] and add a second part of the pension in the future .
[00:14:28.000 --> 00:14:31.000] Data show that from such individual pens ion accounts
[00:14:31.000 --> 00:14:34.000] 800 , 000 people have used so far .
[00:14:34.000 --> 00:14:37.000] A very small percentage , because 15 million people work in Poland .
[00:14:37.000 --> 00:14:40.000] Why are such individual accounts not popular ?
[00:14:40.000 --> 00:14:45.000] Because Pol es are not as naive as it might seem .
[00:14:45.000 --> 00:14:48.000] They are st uc k at so many levels for so many years and so many governments
[00:14:48.000 --> 00:14:51.000] that they finally realized that if the government launches something ,
[00:14:51.000 --> 00:14:54.000] they usually lose it in the end .
[00:14:54.000 --> 00:14:57.000] Although most Pol es , from what I suspect ,
[00:14:57.000 --> 00:15:00.000] have no idea how the whole system works ,
[00:15:00.000 --> 00:15:02.000] whether I K E A or Z US ,
[00:15:02.000 --> 00:15:04.000] they intuitively know from experience
[00:15:04.000 --> 00:15:07.000] that this is another trap for their money .
[00:15:07.000 --> 00:15:09.000] Pol es started to deposit money
[00:15:09.000 --> 00:15:11.000] on various types of accounts ,
[00:15:11.000 --> 00:15:13.000] investment funds ,
[00:15:13.000 --> 00:15:15.000] and here they fell into another trap ,
[00:15:15.000 --> 00:15:17.000] because they fell into the arms of sc ammers
[00:15:17.000 --> 00:15:19.000] and they simply beat them merc il ess ly .
[00:15:19.000 --> 00:15:21.000] So this is not a good solution either , right ?
[00:15:21.000 --> 00:15:24.000] While the idea itself is very cool ,
[00:15:24.000 --> 00:15:27.000] the trick is whether it is implemented
[00:15:27.000 --> 00:15:31.000] properly , intellig ently and in accordance with the laws of the economy .
[00:15:31.000 --> 00:15:33.000] The idea of ?? invest ing your money ,
[00:15:33.000 --> 00:15:35.000] which you develop , is brilliant ,
[00:15:35.000 --> 00:15:37.000] but when it is realized ,
[00:15:37.000 --> 00:15:39.000] I will give you an example again .
[00:15:39.000 --> 00:15:41.000] You have a sum of money for your shopping
[00:15:41.000 --> 00:15:44.000] in a month and you took some neighbor
[00:15:44.000 --> 00:15:46.000] and said , " Okay , listen , you will do these shopping for me ,
[00:15:46.000 --> 00:15:48.000] because I don 't have time , I will take care of my business ,
[00:15:48.000 --> 00:15:50.000] my things , and you do such shopping for me ,
[00:15:50.000 --> 00:15:52.000] because I know what I need , okay , go buy ."
[00:15:52.000 --> 00:15:54.000] And everything works until you suddenly look ,
[00:15:54.000 --> 00:15:56.000] " Wait a minute , but he 's buying me
[00:15:56.000 --> 00:15:58.000] low - quality , cheap products ,
[00:15:58.000 --> 00:16:00.000] which are much more expensive than what I know
[00:16:00.000 --> 00:16:02.000] what they should cost .
[00:16:02.000 --> 00:16:04.000] Does the neighbor care
[00:16:04.000 --> 00:16:07.000] that I have the cheapest and best quality products ?
[00:16:07.000 --> 00:16:09.000] What does he care about ?
[00:16:09.000 --> 00:16:10.000] Well , that he 's fine .
[00:16:10.000 --> 00:16:12.000] For example , he will get a commission from some store
[00:16:12.000 --> 00:16:14.000] where he will do shopping for you ,
[00:16:14.000 --> 00:16:16.000] for your money , for you .
[00:16:16.000 --> 00:16:18.000] Yes , it 's more expensive , yes , the products are worse ,
[00:16:18.000 --> 00:16:21.000] but you know , I 'll give you 10 % of what you spend .
[00:16:21.000 --> 00:16:25.000] And you think this system will work well for you ,
[00:16:25.000 --> 00:16:26.000] or bad for you ?
[00:16:26.000 --> 00:16:28.000] In general , they can manage absurd ly badly ,
[00:16:28.000 --> 00:16:31.000] the majority manages absurd ly badly with this money ,
[00:16:31.000 --> 00:16:33.000] and they are doing great anyway .
[00:16:33.000 --> 00:16:35.000] Well , because it 's nobody 's money ,
[00:16:35.000 --> 00:16:36.000] nobody cares about it .
[00:16:36.000 --> 00:16:38.000] You can take this neighbor for a snack ,
[00:16:38.000 --> 00:16:40.000] shake him twice ,
[00:16:40.000 --> 00:16:42.000] give the thief money back ,
[00:16:42.000 --> 00:16:44.000] and the calories cost not so much , but so much ,
[00:16:44.000 --> 00:16:46.000] and the milk not so much , but so much .
[00:16:46.000 --> 00:16:48.000] But you won 't go to investment funds anyway ,
[00:16:48.000 --> 00:16:50.000] because you don 't even have anyone to talk to .
[00:16:50.000 --> 00:16:52.000] That 's why this is an absurd implementation .
[00:16:52.000 --> 00:16:54.000] If you did it commercially ,
[00:16:54.000 --> 00:16:56.000] that is , you choose such a company ,
[00:16:56.000 --> 00:16:58.000] and listen , I don 't like how you start to sleep with money ,
[00:16:58.000 --> 00:17:00.000] you have too little profit , you can 't do it ,
[00:17:00.000 --> 00:17:02.000] I 'm taking your money , get out .
[00:17:02.000 --> 00:17:04.000] I would start to care about having a client .
[00:17:04.000 --> 00:17:06.000] And now people signed up for these funds ,
[00:17:06.000 --> 00:17:08.000] I don 't know if you remember ,
[00:17:08.000 --> 00:17:10.000] it was a scand alous action in my opinion .
[00:17:10.000 --> 00:17:12.000] People put ads on TV ,
[00:17:12.000 --> 00:17:14.000] people put these pillars on the basis of advertising ,
[00:17:14.000 --> 00:17:16.000] that some cool actor performed ,
[00:17:16.000 --> 00:17:18.000] or a pretty girl ,
[00:17:18.000 --> 00:17:20.000] or some funny password ,
[00:17:20.000 --> 00:17:22.000] and people put money there for their whole life ,
[00:17:22.000 --> 00:17:24.000] for their whole future .
[00:17:24.000 --> 00:17:26.000] So don 't be surprised that it has no right to work .
[00:17:26.000 --> 00:17:28.000] Mr . Mar ius z , we are finishing the topic of pens ions
[00:17:28.000 --> 00:17:30.000] in the third part of our audition ,
[00:17:30.000 --> 00:17:32.000] I invite you to take a break .
[00:17:34.000 --> 00:17:36.000] P ARR OT TV
[00:17:36.000 --> 00:17:38.000] P ARR OT TV
[00:17:38.000 --> 00:18:04.000] What is the game , Mr . Mar ius z ?
[00:18:04.000 --> 00:18:06.000] Mr . Mar ius z Stef ani ak , economic and financial expert ,
[00:18:06.000 --> 00:18:08.000] today answers questions about the pension system
[00:18:08.000 --> 00:18:10.000] and not only .
[00:18:10.000 --> 00:18:12.000] Mr . Mar ius z , each of us should think
[00:18:12.000 --> 00:18:14.000] about what will happen in a few years ,
[00:18:14.000 --> 00:18:16.000] when he will be old ,
[00:18:16.000 --> 00:18:18.000] he will not be able to support himself ,
[00:18:18.000 --> 00:18:20.000] how to provide a decent pension .
[00:18:20.000 --> 00:18:22.000] A politician said
[00:18:22.000 --> 00:18:24.000] that he invest s in children ,
[00:18:24.000 --> 00:18:26.000] has a lot of them and is not worried about his future .
[00:18:26.000 --> 00:18:28.000] He said very wisely ,
[00:18:28.000 --> 00:18:30.000] only that most people will think
[00:18:30.000 --> 00:18:32.000] it 's another 500 or 800 plus .
[00:18:32.000 --> 00:18:34.000] If we talk about investing in children ,
[00:18:34.000 --> 00:18:36.000] it is very wise , we invest in their education ,
[00:18:36.000 --> 00:18:38.000] for example , economic education , ladies and gentlemen .
[00:18:38.000 --> 00:18:40.000] If you want to invest money the best ,
[00:18:40.000 --> 00:18:42.000] I will quote one of the billion aires ,
[00:18:42.000 --> 00:18:44.000] who said that the best investment
[00:18:44.000 --> 00:18:46.000] is an investment in yourself .
[00:18:46.000 --> 00:18:48.000] Do you know what billion aires do ?
[00:18:48.000 --> 00:18:50.000] I don 't know , but I would love to find out .
[00:18:50.000 --> 00:18:52.000] Most of the day they spend on
[00:18:52.000 --> 00:18:54.000] learning , on reading .
[00:18:54.000 --> 00:18:56.000] They minimize the number of meetings ,
[00:18:56.000 --> 00:18:58.000] the number of their direct involvement
[00:18:58.000 --> 00:19:00.000] in business ,
[00:19:00.000 --> 00:19:02.000] that 's why they hire people
[00:19:02.000 --> 00:19:04.000] to pay the best experts .
[00:19:04.000 --> 00:19:06.000] But three quarters of their day
[00:19:06.000 --> 00:19:08.000] they spend on themselves ,
[00:19:08.000 --> 00:19:10.000] on their children ,
[00:19:10.000 --> 00:19:12.000] to educate them ,
[00:19:12.000 --> 00:19:14.000] to prepare them for managing money
[00:19:14.000 --> 00:19:16.000] and running a business .
[00:19:16.000 --> 00:19:18.000] This is a profit .
[00:19:18.000 --> 00:19:20.000] This is the difference between
[00:19:20.000 --> 00:19:22.000] the rich elite and the poor ple bs .
[00:19:22.000 --> 00:19:24.000] The biggest business
[00:19:24.000 --> 00:19:26.000] you can make money on
[00:19:26.000 --> 00:19:28.000] is yourself , your knowledge , your skills .
[00:19:28.000 --> 00:19:30.000] That 's why , ladies and gentlemen ,
[00:19:30.000 --> 00:19:32.000] the best thing we can do
[00:19:32.000 --> 00:19:34.000] is to invest in our own economic knowledge ,
[00:19:34.000 --> 00:19:36.000] in our future .
[00:19:36.000 --> 00:19:38.000] And , among other things ,
[00:19:38.000 --> 00:19:40.000] me and the editor created this portal ,
[00:19:40.000 --> 00:19:42.000] aud y c ik on . pl .
[00:19:42.000 --> 00:19:44.000] I will be honest , I spent some time
[00:19:44.000 --> 00:19:46.000] and developed a small system
[00:19:46.000 --> 00:19:48.000] that will allow you to easily
[00:19:48.000 --> 00:19:50.000] and , best of all ,
[00:19:50.000 --> 00:19:52.000] free of charge , if you follow my guide ,
[00:19:52.000 --> 00:19:54.000] which I have developed for you ,
[00:19:54.000 --> 00:19:56.000] to increase your economic knowledge
[00:19:56.000 --> 00:19:58.000] and to educate your children .
[00:19:58.000 --> 00:20:00.000] And this is how you build your future , ladies and gentlemen .
[00:20:00.000 --> 00:20:02.000] Let 's act like billion aires .
[00:20:02.000 --> 00:20:04.000] Let 's invest in our economic knowledge .
[00:20:04.000 --> 00:20:06.000] A week ago we were talking about earnings .
[00:20:06.000 --> 00:20:08.000] You said then that the worth of
[00:20:08.000 --> 00:20:10.000] the payment in Poland
[00:20:10.000 --> 00:20:12.000] should be several thousand z lot ys .
[00:20:12.000 --> 00:20:14.000] I reached for the statistics .
[00:20:14.000 --> 00:20:16.000] Last year , the average pension
[00:20:16.000 --> 00:20:18.000] was 3 , 500 z lot ys
[00:20:18.000 --> 00:20:20.000] for men .
[00:20:20.000 --> 00:20:22.000] For women , much less ,
[00:20:22.000 --> 00:20:24.000] 24 00 z lot ys .
[00:20:24.000 --> 00:20:26.000] And in agriculture , the average pension
[00:20:26.000 --> 00:20:28.000] paid from a separate money ,
[00:20:28.000 --> 00:20:30.000] from a K rus , is even less
[00:20:30.000 --> 00:20:32.000] than 2000 z lot ys .
[00:20:32.000 --> 00:20:34.000] This is very far from the decent standard of living .
[00:20:34.000 --> 00:20:36.000] How do the pension ers cope
[00:20:36.000 --> 00:20:38.000] in such situations ?
[00:20:38.000 --> 00:20:40.000] They are veget ating . The only solution .
[00:20:40.000 --> 00:20:42.000] Of course , we did not say about it either .
[00:20:42.000 --> 00:20:44.000] All the analyses I have done
[00:20:44.000 --> 00:20:46.000] lead to one , only one conclusion .
[00:20:46.000 --> 00:20:48.000] There will be a significant
[00:20:48.000 --> 00:20:50.000] reduction
[00:20:50.000 --> 00:20:52.000] in the payment of pens ions in Poland ,
[00:20:52.000 --> 00:20:54.000] because the amount of life
[00:20:54.000 --> 00:20:56.000] is increased , because we have inflation ,
[00:20:56.000 --> 00:20:58.000] the amount of money in the Z US ,
[00:20:58.000 --> 00:21:00.000] in the whole system , is rapidly decreasing ,
[00:21:00.000 --> 00:21:02.000] because it is a le a king system ,
[00:21:02.000 --> 00:21:04.000] as we have already shown at several levels .
[00:21:04.000 --> 00:21:06.000] Therefore , the only solution is
[00:21:06.000 --> 00:21:08.000] to reduce the payments .
[00:21:08.000 --> 00:21:10.000] We will , ladies and gentlemen , have a generation
[00:21:10.000 --> 00:21:12.000] of starving ,
[00:21:12.000 --> 00:21:14.000] hard - working people ,
[00:21:14.000 --> 00:21:16.000] who will have to choose between
[00:21:16.000 --> 00:21:18.000] food and medicine .
[00:21:18.000 --> 00:21:20.000] Because only when people
[00:21:20.000 --> 00:21:22.000] get used to this wall ,
[00:21:22.000 --> 00:21:24.000] they will be refreshed .
[00:21:24.000 --> 00:21:26.000] It is not a problem in money ,
[00:21:26.000 --> 00:21:28.000] in the system , etc .
[00:21:28.000 --> 00:21:30.000] The problem is in us , in our ignorance ,
[00:21:30.000 --> 00:21:32.000] inability to choose ,
[00:21:32.000 --> 00:21:34.000] to manage our money .
[00:21:34.000 --> 00:21:36.000] If we will still believe
[00:21:36.000 --> 00:21:38.000] that some politician will come ,
[00:21:38.000 --> 00:21:40.000] guru , who will take care of it ,
[00:21:40.000 --> 00:21:42.000] then every time we will be robbed
[00:21:42.000 --> 00:21:44.000] in the next Amber Gold , in the next government ,
[00:21:44.000 --> 00:21:46.000] which will only be famous for
[00:21:46.000 --> 00:21:48.000] the fact that more scand als are brewing ,
[00:21:48.000 --> 00:21:50.000] and so on .
[00:21:50.000 --> 00:21:52.000] If you don 't understand this ,
[00:21:52.000 --> 00:21:54.000] you will have stronger and stronger signals .
[00:21:54.000 --> 00:21:56.000] Until you finally wake up and say ,
[00:21:56.000 --> 00:21:58.000] " Oh , damn it , enough of this ."
[00:21:58.000 --> 00:22:00.000] The problem is that you support communism
[00:22:00.000 --> 00:22:02.000] and you think that if communism changes
[00:22:02.000 --> 00:22:04.000] its slogan a little , it will suddenly become good .
[00:22:04.000 --> 00:22:06.000] Commun ism always leads to one thing -
[00:22:06.000 --> 00:22:08.000] poverty , despair and millions of deaths .
[00:22:08.000 --> 00:22:10.000] Maybe it 's time
[00:22:10.000 --> 00:22:12.000] when these retire es start dying of hunger ,
[00:22:12.000 --> 00:22:14.000] when companies are massively bankrupt ,
[00:22:14.000 --> 00:22:16.000] when they are burden ed with absurd Z US payments
[00:22:16.000 --> 00:22:18.000] and tax payments ,
[00:22:18.000 --> 00:22:20.000] where others are withdraw ing gigantic amounts of money
[00:22:20.000 --> 00:22:22.000] without any Z US , without any V AT .
[00:22:22.000 --> 00:22:24.000] Maybe this is the moment
[00:22:24.000 --> 00:22:26.000] when it is worth waking up
[00:22:26.000 --> 00:22:28.000] and saying ,
[00:22:28.000 --> 00:22:30.000] " I think we 're doing something wrong ."
[00:22:30.000 --> 00:22:32.000] Mr . Mar ius z , there are some countries in the world ,
[00:22:32.000 --> 00:22:34.000] I am talking about developed countries ,
[00:22:34.000 --> 00:22:36.000] at least at the level of Poland ,
[00:22:36.000 --> 00:22:38.000] which have a normal , healthy pension system ,
[00:22:38.000 --> 00:22:40.000] which simply does not require
[00:22:40.000 --> 00:22:42.000] constant budgeting with more and more money .
[00:22:42.000 --> 00:22:44.000] Where to look for an example ?
[00:22:44.000 --> 00:22:46.000] From what I know ,
[00:22:46.000 --> 00:22:48.000] most countries in the world do not have
[00:22:48.000 --> 00:22:50.000] such a system , at all , a pension system .
[00:22:50.000 --> 00:22:52.000] And those who have it ,
[00:22:52.000 --> 00:22:54.000] practically have this system in the majority
[00:22:54.000 --> 00:22:56.000] in ef fect ive .
[00:22:56.000 --> 00:22:58.000] Because it is , as I said ,
[00:22:58.000 --> 00:23:00.000] a communist idea .
[00:23:00.000 --> 00:23:02.000] This is the whole idea based on
[00:23:02.000 --> 00:23:04.000] forced social equality ,
[00:23:04.000 --> 00:23:06.000] which practically
[00:23:06.000 --> 00:23:08.000] can never work properly .
[00:23:08.000 --> 00:23:10.000] And certainly not because
[00:23:10.000 --> 00:23:12.000] some wonderful government
[00:23:12.000 --> 00:23:14.000] discour ages work ,
[00:23:14.000 --> 00:23:16.000] discour ages activity ,
[00:23:16.000 --> 00:23:18.000] discour ages honesty .
[00:23:18.000 --> 00:23:20.000] In Poland , as far as I remember ,
[00:23:20.000 --> 00:23:22.000] almost 1 . 5 million people get money
[00:23:22.000 --> 00:23:24.000] in full or in part
[00:23:24.000 --> 00:23:26.000] outside the contract , outside the Z US ,
[00:23:26.000 --> 00:23:28.000] i . e . the so - called " bas ement ".
[00:23:28.000 --> 00:23:30.000] They stick to social solidarity .
[00:23:30.000 --> 00:23:32.000] Because they understand
[00:23:32.000 --> 00:23:34.000] that this is stupid , this is unfair ,
[00:23:34.000 --> 00:23:36.000] this is ineffective .
[00:23:36.000 --> 00:23:38.000] They don 't help their grandmother ,
[00:23:38.000 --> 00:23:40.000] they help greedy entrepreneurs
[00:23:40.000 --> 00:23:42.000] of the Ukrainian mafia ,
[00:23:42.000 --> 00:23:44.000] greedy officials who make
[00:23:44.000 --> 00:23:46.000] sc ams , catch - ups , etc .
[00:23:46.000 --> 00:23:48.000] They enrich them , but certainly not
[00:23:48.000 --> 00:23:50.000] their grandmother , the old woman .
[00:23:50.000 --> 00:23:52.000] Mr . Mar ius z , but one note to all this .
[00:23:52.000 --> 00:23:54.000] Indeed , it used to work without the participation
[00:23:54.000 --> 00:23:56.000] of the state , but then the average age was
[00:23:56.000 --> 00:23:58.000] 60 or about 60 years .
[00:23:58.000 --> 00:24:00.000] Now , in the case of women , even above 80 .
[00:24:00.000 --> 00:24:02.000] So this state care
[00:24:02.000 --> 00:24:04.000] somehow transferred to a longer life .
[00:24:04.000 --> 00:24:06.000] Not quite state care
[00:24:06.000 --> 00:24:08.000] has been transferred to a longer life .
[00:24:08.000 --> 00:24:10.000] For example , mobil ization ,
[00:24:10.000 --> 00:24:12.000] increasing awareness ,
[00:24:12.000 --> 00:24:14.000] at least in the field of ordinary hygiene ,
[00:24:14.000 --> 00:24:16.000] in the field of prevention , in the field of development
[00:24:16.000 --> 00:24:18.000] of technology , medicine .
[00:24:18.000 --> 00:24:20.000] This has extended our lives significantly .
[00:24:20.000 --> 00:24:22.000] These people should
[00:24:22.000 --> 00:24:24.000] really find a new place
[00:24:24.000 --> 00:24:26.000] in society , but it 's hard for me to imagine
[00:24:26.000 --> 00:24:28.000] forcing an 80 - year - old
[00:24:28.000 --> 00:24:30.000] to a professional activity .
[00:24:30.000 --> 00:24:32.000] Maybe you just
[00:24:32.000 --> 00:24:34.000] have to do the other way .
[00:24:34.000 --> 00:24:36.000] Just like it was for centuries .
[00:24:36.000 --> 00:24:38.000] They served super important social functions
[00:24:38.000 --> 00:24:40.000] as advisors to the tax ,
[00:24:40.000 --> 00:24:42.000] to life , etc . They were just such coaches .
[00:24:42.000 --> 00:24:44.000] This man could
[00:24:44.000 --> 00:24:46.000] save your property and life .
[00:24:46.000 --> 00:24:48.000] That 's why it was worth
[00:24:48.000 --> 00:24:50.000] giving him this bowl of soup and this stove
[00:24:50.000 --> 00:24:52.000] to keep this man .
[00:24:52.000 --> 00:24:54.000] It 's completely different than telling him to work .
[00:24:54.000 --> 00:24:56.000] I can 't imagine something like that .
[00:24:56.000 --> 00:24:58.000] It 's an absurd idea .
[00:24:58.000 --> 00:25:00.000] Thank you very much for the hearing ,
[00:25:00.000 --> 00:25:02.000] for the conversation , Mar ius z Stef ani ak ,
[00:25:02.000 --> 00:25:04.000] economist , financi er , and our listeners .
[00:25:04.000 --> 00:25:06.000] We encourage you to
[00:25:06.000 --> 00:25:08.000] visit www . aud y cje . com . pl
[00:25:08.000 --> 00:25:10.000] on the website .
[00:25:10.000 --> 00:25:12.000] There is much more to know .
[00:25:12.000 --> 00:25:14.000] Thank you for your attention .
[00:25:14.000 --> 00:25:16.000] Kr z ysz to f Stra uch man
[00:25:16.000 --> 00:25:22.000] In ne Radio
[00:25:22.000 --> 00:25:24.000] in G ? uch o ? az ach and the area
[00:25:24.000 --> 00:25:26.000] 105 , 2
[00:25:26.000 --> 00:25:28.000] Trans lation : Kat ar zy na B id zi ? ska k b id z ins ka @ inter ia . pl
[00:25:28.000 --> 00:25:33.000] ? ? P TA / TV P
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's up , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's up , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:18.000] Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:18.000 --> 00:00:23.000] Today we 're going to talk about the current topic of the protests of drivers on the Polish - U k rain ian border .
[00:00:23.000 --> 00:00:30.000] A few months ago , we talked about the protests of farmers against cheap agricultural products that came to us from Ukraine .
[00:00:30.000 --> 00:00:32.000] And the situation is back to square one .
[00:00:32.000 --> 00:00:37.000] For months , Polish transport companies have been protesting on the eastern border .
[00:00:37.000 --> 00:00:42.000] They simply cannot stand the competition with the cheaper services of Ukrainian carriers .
[00:00:42.000 --> 00:00:47.000] These carriers themselves have prepared a set that results from the fact that on the Polish side ,
[00:00:47.000 --> 00:00:55.000] when ordering goods in a Polish company , someone has to pay at least 1 euro and 10 euro cent s for every kilometer traveled .
[00:00:55.000 --> 00:01:01.000] And if the same service is ordered by a Ukrainian carrier , he will only pay 60 euro cents .
[00:01:01.000 --> 00:01:03.000] Almost half less .
[00:01:03.000 --> 00:01:05.000] Mr . Mar ius z , where does it come from ?
[00:01:05.000 --> 00:01:08.000] Well , from the fact that Ukraine is better off with two of its borders .
[00:01:08.000 --> 00:01:10.000] Twice as much , more precisely , than Poland .
[00:01:10.000 --> 00:01:13.000] And as you can see , the war serves the Ukrain ians .
[00:01:13.000 --> 00:01:17.000] Ev ident ly , in every field , not only do they get hundreds of billions of dollars in aid ,
[00:01:17.000 --> 00:01:21.000] the Union still keeps several million of their citizens .
[00:01:21.000 --> 00:01:27.000] I remind you , they were leaving during the biggest pandemic , where Pol es could not visit c em eter ies for a long time .
[00:01:27.000 --> 00:01:31.000] And at that moment , millions of Ukrain ians arrived and a miracle happened .
[00:01:31.000 --> 00:01:35.000] The number of host ilities began to decrease and people stopped dying in a wonderful way .
[00:01:35.000 --> 00:01:38.000] Ukraine is a wonderful country , sir .
[00:01:38.000 --> 00:01:40.000] And maybe we should move all our businesses there .
[00:01:40.000 --> 00:01:43.000] Let 's start with the first factors , Mr . Mar ius z .
[00:01:43.000 --> 00:01:46.000] What does it mean that Ukraine cares more about its companies ?
[00:01:46.000 --> 00:01:51.000] Do they pay less taxes there ? Do they have less problems with the office management of their business ?
[00:01:51.000 --> 00:01:57.000] Definitely . Pract ically , running a Ukrainian company , you have to deal with almost one single thing .
[00:01:57.000 --> 00:01:59.000] This one single thing is the cash .
[00:01:59.000 --> 00:02:06.000] If you only manage this , you run a company in Ukraine without any problems , without any controls ,
[00:02:06.000 --> 00:02:10.000] without any penalties , without any state intervention .
[00:02:10.000 --> 00:02:12.000] Well , just a fairy tale .
[00:02:12.000 --> 00:02:15.000] But the cash is an additional cost that the entrepreneur has to pay , right ?
[00:02:15.000 --> 00:02:21.000] And it 's mandatory . Instead of having 15 types of taxes here , you have one .
[00:02:21.000 --> 00:02:25.000] Cash is the foundation of operating in Ukraine , in the Ukrainian business .
[00:02:25.000 --> 00:02:30.000] It 's hard to explain to someone who doesn 't run an interest there or doesn 't know well someone who runs an interest in Ukraine ,
[00:02:30.000 --> 00:02:32.000] to understand how different it is .
[00:02:32.000 --> 00:02:37.000] It 's exactly the opposite of what you would have on the other side of the border , for example in Poland .
[00:02:37.000 --> 00:02:43.000] It 's infinitely easier to run a company in Ukraine .
[00:02:43.000 --> 00:02:48.000] And so far , the Ukrain ians have not destroyed our transport company for very specific reasons .
[00:02:48.000 --> 00:02:50.000] Because they couldn 't .
[00:02:50.000 --> 00:02:53.000] But not because everything was magically more expensive then .
[00:02:53.000 --> 00:02:56.000] No , it was even cheaper than it is now .
[00:02:56.000 --> 00:02:58.000] There were transport limits .
[00:02:58.000 --> 00:03:03.000] When entering the territory of the Polish European Union , Ukrainian companies had to obtain a permit .
[00:03:03.000 --> 00:03:05.000] And the number of these permits was strictly limited .
[00:03:05.000 --> 00:03:07.000] Now it 's not mandatory .
[00:03:07.000 --> 00:03:10.000] So they drive as much as they want , as much as they can .
[00:03:10.000 --> 00:03:13.000] And this decision was made by the European Commission , not by the Polish government .
[00:03:13.000 --> 00:03:17.000] So actually , the post ulates of Polish transport companies are directed there .
[00:03:17.000 --> 00:03:21.000] For me , you know , the whole narrative on two levels I don 't like .
[00:03:21.000 --> 00:03:22.000] First , the limits .
[00:03:22.000 --> 00:03:25.000] You know what I think about such communist inventions .
[00:03:25.000 --> 00:03:27.000] How do the limits work ?
[00:03:27.000 --> 00:03:30.000] They only create a gray zone of crime and so on .
[00:03:30.000 --> 00:03:34.000] How did the mafia in the United States come into being , which they still can 't shake off ?
[00:03:34.000 --> 00:03:36.000] By introducing prohib itions .
[00:03:36.000 --> 00:03:40.000] You introduce limits to anything and you have organized crime .
[00:03:40.000 --> 00:03:43.000] Great ly finan ced , because that 's what big money is made of , ladies and gentlemen .
[00:03:43.000 --> 00:03:47.000] Mr . Mar ys iu , but it is precisely the people who protest on the border who demand the limits .
[00:03:47.000 --> 00:03:48.000] These Polish entrepreneurs .
[00:03:48.000 --> 00:03:51.000] Because these people , sir , are drivers .
[00:03:51.000 --> 00:03:56.000] What can they understand from the economy , macro e conom ics , the economy of enterprises ?
[00:03:56.000 --> 00:04:00.000] Well , each of them runs a small business , so they should basically learn .
[00:04:00.000 --> 00:04:03.000] I have been advising companies for over 20 years .
[00:04:03.000 --> 00:04:05.000] I am professional in this .
[00:04:05.000 --> 00:04:08.000] I have also advised transport companies for many years , sir .
[00:04:08.000 --> 00:04:10.000] And I 've gone through a bit of these companies in my life .
[00:04:10.000 --> 00:04:13.000] So I had the opportunity to get into their specifics .
[00:04:13.000 --> 00:04:17.000] Their profits , losses , how this business is run .
[00:04:17.000 --> 00:04:21.000] That 's why you know , these people are simply not economists .
[00:04:21.000 --> 00:04:23.000] They are not analysts .
[00:04:23.000 --> 00:04:27.000] They are not strateg ists in terms of sales or marketing activities .
[00:04:27.000 --> 00:04:30.000] Because they are supposed to know what they are doing .
[00:04:30.000 --> 00:04:32.000] On transport .
[00:04:32.000 --> 00:04:35.000] They don 't know what economists know , sir .
[00:04:35.000 --> 00:04:37.000] That 's why they don 't understand what they demand .
[00:04:37.000 --> 00:04:44.000] Exactly , Mr . Mar ys iu , what can you advise them in a situation when they basically have no chance in competition with a cheaper opponent ?
[00:04:44.000 --> 00:04:45.000] Well , just one thing .
[00:04:45.000 --> 00:04:48.000] Start thinking where the problem is .
[00:04:48.000 --> 00:04:50.000] Do you know where the problem is ?
[00:04:50.000 --> 00:04:52.000] That they don 't know where the problem is .
[00:04:52.000 --> 00:04:54.000] That 's where the real problem is .
[00:04:54.000 --> 00:04:56.000] I suspect that it concerns the majority of Pol es .
[00:04:56.000 --> 00:04:59.000] Now they complain about the EU and all that .
[00:04:59.000 --> 00:05:01.000] What a complete nonsense .
[00:05:01.000 --> 00:05:04.000] The Polish government decides and appro ves everything .
[00:05:04.000 --> 00:05:08.000] The Polish government is not subject to the EU .
[00:05:08.000 --> 00:05:12.000] It is a sovereign country that can make sovereign decisions .
[00:05:12.000 --> 00:05:14.000] We don 't need to beg anyone here .
[00:05:14.000 --> 00:05:16.000] Or even consult anyone , really .
[00:05:16.000 --> 00:05:19.000] Just look at Hungary , for example .
[00:05:19.000 --> 00:05:21.000] What , Hungary is not in the EU ?
[00:05:21.000 --> 00:05:23.000] They do what they want in their country .
[00:05:23.000 --> 00:05:25.000] And what happened to them ? Nothing .
[00:05:25.000 --> 00:05:27.000] So , if there is no problem in the EU ...
[00:05:27.000 --> 00:05:28.000] In the Polish government .
[00:05:28.000 --> 00:05:29.000] Not in the Polish government .
[00:05:29.000 --> 00:05:31.000] In the Polish citizens , sir .
[00:05:31.000 --> 00:05:35.000] Because it is they who elect politicians who elect the Polish government , sir .
[00:05:35.000 --> 00:05:44.000] And those who protest and many other protesters who will protest , because it will be very , very bad , it will be worse and worse in the Polish economy , which I have been repeating to you for a long time .
[00:05:44.000 --> 00:05:47.000] The problem is in the lack of economic knowledge .
[00:05:47.000 --> 00:05:50.000] Pol es . Where were those protesters ?
[00:05:50.000 --> 00:05:54.000] Farm ers , carriers , miners .
[00:05:54.000 --> 00:05:56.000] Where were they during the elections ?
[00:05:56.000 --> 00:05:58.000] Why didn 't they ask questions ?
[00:05:58.000 --> 00:06:01.000] And what is your economic program for these , for these and for these ?
[00:06:01.000 --> 00:06:04.000] Because they can 't ask these questions , because they don 't understand how the economy works .
[00:06:04.000 --> 00:06:10.000] And then , of course , people come to power who say what people want to hear by voting .
[00:06:10.000 --> 00:06:12.000] They don 't talk about the economy at all .
[00:06:12.000 --> 00:06:16.000] And if they do , it 's such cosmic nonsense that I just want to cry .
[00:06:16.000 --> 00:06:19.000] Let them all go bankrupt .
[00:06:19.000 --> 00:06:20.000] Which is inevitable .
[00:06:20.000 --> 00:06:25.000] Because already in the transport industry , the margins on which they were driving were really small .
[00:06:25.000 --> 00:06:31.000] Because again , this beloved Union , which everyone in the G rem ial ny supported , so that we could enter , the Union would be great , we would get money .
[00:06:31.000 --> 00:06:32.000] Wow , what money .
[00:06:32.000 --> 00:06:39.000] And Poland is paying gigantic money to be in the so - called Union .
[00:06:39.000 --> 00:06:44.000] And people who are not aware of how the Union works will be talking nonsense .
[00:06:44.000 --> 00:06:46.000] This is the essence of ignorance .
[00:06:46.000 --> 00:06:48.000] This is , you know , terrible for me .
[00:06:48.000 --> 00:06:52.000] That 's why these things are not terrible , some companies will go bankrupt and so on .
[00:06:52.000 --> 00:06:54.000] It doesn 't really matter .
[00:06:54.000 --> 00:06:55.000] It 's even very good .
[00:06:55.000 --> 00:07:02.000] Because as I said and I will repeat today , the more people get hit in the back , the greater the chance that they will start thinking ,
[00:07:02.000 --> 00:07:04.000] " Something is probably wrong in this country ."
[00:07:04.000 --> 00:07:05.000] But what is wrong ?
[00:07:05.000 --> 00:07:07.000] Well , we are wrong , ladies and gentlemen .
[00:07:07.000 --> 00:07:09.000] This problem is in us .
[00:07:09.000 --> 00:07:13.000] Not in some magical , evil , EU government .
[00:07:13.000 --> 00:07:16.000] Not in our evil government , one after another .
[00:07:16.000 --> 00:07:24.000] I 'm not saying , since the war , I really don 't know , apart from the Polish government , any government that had any economic movements ,
[00:07:24.000 --> 00:07:29.000] which were coordinated , logical , wise and pro - P ol ish .
[00:07:29.000 --> 00:07:35.000] People don 't understand that politics is actually a different variety of the word " e conom y ".
[00:07:35.000 --> 00:07:42.000] That 's why the problem lies here , not in those protesting there , the boss , the driver , or whoever else is protesting there , or the farmers .
[00:07:42.000 --> 00:07:45.000] Mrs . Mar ius z , let 's go back to the protesting farmers in a moment .
[00:07:45.000 --> 00:07:47.000] Now , I invite you to a break .
[00:07:48.000 --> 00:07:50.000] The end
[00:07:50.000 --> 00:07:52.000] The end
[00:08:19.000 --> 00:08:25.000] Ladies and gentlemen , Mr . Mar ius z , Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:08:25.000 --> 00:08:30.000] Today we are discussing the current topic , the protests of drivers on the Polish - U k rain ian border .
[00:08:30.000 --> 00:08:37.000] A few days ago I was listening to the talks , or rather the explanations , that the Deputy Minister of Transport was giving to the entrepreneurs .
[00:08:37.000 --> 00:08:44.000] And he said that the decision to limit the limits , i . e . to let in Ukrainian companies without any problems in the EU ,
[00:08:44.000 --> 00:08:51.000] did not fall under the control of the Polish government , that it is a decision of the European Commission and there is no sign of any Polish minister there .
[00:08:51.000 --> 00:08:57.000] This actually indicates that , in a sense , we have already lost this economic and economic sovereignty .
[00:08:57.000 --> 00:09:04.000] In that case , if the transport entrepreneurs protest ed in Brussels and blocked Brussels , could the effect of this protest be greater ?
[00:09:04.000 --> 00:09:05.000] Zero .
[00:09:05.000 --> 00:09:10.000] Well , if the farmers protest ed in France a few or a dozen years ago , they achieved something .
[00:09:10.000 --> 00:09:19.000] But if you look at the history of France 's presence in the EU , you will see the incredible privileges that France and French citizens ,
[00:09:19.000 --> 00:09:23.000] and French farmers in particular , because I will give you a specific example that I know .
[00:09:23.000 --> 00:09:26.000] Poland is doing quite well in the milk industry .
[00:09:26.000 --> 00:09:32.000] I had an insight from my professional directions into Polish and French milk producers .
[00:09:32.000 --> 00:09:40.000] And what the French can do , compared to what the Polish can do , is just like a Polish and Ukrainian carrier .
[00:09:40.000 --> 00:09:46.000] In Poland , you just have to have a pharmacy in the camp , incredible controls , terrible penalties , etc .
[00:09:46.000 --> 00:09:49.000] There , you can practically do it in practically any conditions .
[00:09:49.000 --> 00:09:50.000] This is complete inequality .
[00:09:50.000 --> 00:09:58.000] If you believe that in EU countries there are the same ethical regulations , that is , there is no green concept of the operation of the EU and EU regulations .
[00:09:58.000 --> 00:10:02.000] I am speaking here from the position of an expert on the European funds .
[00:10:02.000 --> 00:10:09.000] The guidelines are going from the top , but the implementation of these regulations already depends on the governments .
[00:10:09.000 --> 00:10:12.000] One regulation comes out , for example , the control of European projects .
[00:10:12.000 --> 00:10:18.000] In Great Britain , you put it together on one document , once , on one sheet , literally once .
[00:10:18.000 --> 00:10:27.000] In Poland , you have 30 documents and you have several controls and a whole bunch of officials who will explain you in all possible ways .
[00:10:27.000 --> 00:10:31.000] We introduce it ourselves , because I know that governments like to explain , " Oh , it 's this bad EU ."
[00:10:31.000 --> 00:10:40.000] So why , when you go to France or Great Britain , do you see completely different regulations and a completely different implementation of the same guidelines ?
[00:10:40.000 --> 00:10:44.000] Because in fact , the EU has no right to give rights in the state .
[00:10:44.000 --> 00:10:47.000] This is a national right over EU law , ladies and gentlemen .
[00:10:47.000 --> 00:10:48.000] To make it clear .
[00:10:48.000 --> 00:11:00.000] That 's why Ukrain ians have it much easier , apart from the fact that they have everything . Small er , cheaper , less formal ities , as I said , just a few bucks and you have practically everything .
[00:11:00.000 --> 00:11:05.000] That 's why if a Pole runs this business , he will earn much less on it .
[00:11:05.000 --> 00:11:09.000] T ens of percent less , where there are no such march es as there used to be .
[00:11:09.000 --> 00:11:15.000] Now some people ride literally on a few percent march es , where they have millions of dollars worth of equipment sometimes .
[00:11:15.000 --> 00:11:21.000] But if you can have a pretty bad technical condition of cars , you can reload them freely , which is a great gain .
[00:11:21.000 --> 00:11:25.000] But in our country , if they catch you , you 're literally destroyed .
[00:11:25.000 --> 00:11:27.000] The penalties are sometimes terrible .
[00:11:27.000 --> 00:11:31.000] Ukrain ians won 't do anything to him , because first of all , no one will control him .
[00:11:31.000 --> 00:11:33.000] In their country , these penalties are no thing .
[00:11:33.000 --> 00:11:38.000] Let 's face it , it 's a catch for a guard of a few dollars , and drivers who leave have these dollars .
[00:11:38.000 --> 00:11:41.000] So for them , no penalty , no mandate exists .
[00:11:41.000 --> 00:11:45.000] You 're asking how much do Polish and Ukrainian drivers get on average ?
[00:11:45.000 --> 00:11:49.000] Ukrainian drivers simply don 't get a mandate , because in Ukraine you can 't get a mandate , sir .
[00:11:49.000 --> 00:11:57.000] Polish protesters , truck ers , because let 's get back to this topic , some of the statements are directed , surprisingly , to the Ukrainian government .
[00:11:57.000 --> 00:11:59.000] And I don 't know if their implementation can be expected at all .
[00:11:59.000 --> 00:12:05.000] For example , a simple matter , that the trucks that return from Ukraine , Polish trucks , return empty , without goods .
[00:12:05.000 --> 00:12:14.000] They didn 't have to stand in que ues , they didn 't have to register in any queue systems , they didn 't have to wait even a week longer , just to return to their country .
[00:12:14.000 --> 00:12:19.000] What 's the point ? Why was such a simple statement not possible to do until now ?
[00:12:19.000 --> 00:12:21.000] And is a protest necessary ? An explosion for this reason ?
[00:12:21.000 --> 00:12:24.000] I don 't know if the protest was caused by this .
[00:12:24.000 --> 00:12:28.000] I think it hurt them more not to stand in que ues .
[00:12:28.000 --> 00:12:30.000] I think it 's about money .
[00:12:30.000 --> 00:12:32.000] So , falling profits , right ? From this activity , basically .
[00:12:32.000 --> 00:12:34.000] The threat of bankruptcy .
[00:12:34.000 --> 00:12:37.000] We 're not talking about them losing any profits .
[00:12:37.000 --> 00:12:39.000] It 's like you were supposed to race .
[00:12:39.000 --> 00:12:42.000] You stand in a queue and you have to run .
[00:12:42.000 --> 00:12:50.000] And suddenly someone loads a 20 - pound bag on your back , and around it he spreads some energy - supp ort ing bars .
[00:12:50.000 --> 00:12:52.000] What do you think about that ?
[00:12:52.000 --> 00:12:54.000] These are not equal conditions of competition , for sure .
[00:12:54.000 --> 00:12:56.000] In my opinion , you 're taking it too lightly .
[00:12:56.000 --> 00:13:02.000] It 's not about equal conditions of competition , it 's just crushing one side and boosting the other .
[00:13:02.000 --> 00:13:07.000] Because you don 't have a chance to run , because in a moment your legs will bend under your head and you 'll just fall over .
[00:13:07.000 --> 00:13:09.000] It 's just impossible .
[00:13:09.000 --> 00:13:13.000] In the most normal world , there 's no point in competing in such an event .
[00:13:13.000 --> 00:13:17.000] And that 's exactly what Polish truck ers are doing .
[00:13:17.000 --> 00:13:23.000] They have a lot of financial , legal and legal burdens , which Ukrain ians don 't have .
[00:13:23.000 --> 00:13:26.000] Our people will literally fall on their faces .
[00:13:26.000 --> 00:13:28.000] There will be total pl ight .
[00:13:28.000 --> 00:13:36.000] I 've just noticed that before the war , 160 , 000 trucks were brought to Poland every year .
[00:13:36.000 --> 00:13:40.000] Today , a million trucks are coming in from Ukraine .
[00:13:40.000 --> 00:13:45.000] How come that on our border , the Polish - E astern border , as a result of protests ,
[00:13:45.000 --> 00:13:49.000] sometimes you have to wait for a week and Ukrain ians complain about it ?
[00:13:49.000 --> 00:13:54.000] It 's a normal thing to wait for 10 or even a dozen days on the Ukrainian border .
[00:13:54.000 --> 00:13:56.000] At least that 's what our drivers say .
[00:13:56.000 --> 00:14:02.000] Is that proof that the Ukrainian state is in oper ative and can 't organize the work of crossing the border so that it can be done efficiently ?
[00:14:02.000 --> 00:14:04.000] No , of course it 's nonsense .
[00:14:04.000 --> 00:14:06.000] Ukrainian customs services are excellent .
[00:14:06.000 --> 00:14:08.000] They are one of the best in the world .
[00:14:08.000 --> 00:14:12.000] You can cross any Ukrainian border in a few minutes .
[00:14:12.000 --> 00:14:14.000] You give a hand and you go .
[00:14:14.000 --> 00:14:19.000] A person I know was crossing the Ukrainian border with a businessman .
[00:14:19.000 --> 00:14:23.000] They crossed without even stopping .
[00:14:23.000 --> 00:14:25.000] They just drove by .
[00:14:25.000 --> 00:14:28.000] They knew that at this time such a car was to pass .
[00:14:28.000 --> 00:14:32.000] And they just turned their eyes and raised their hands .
[00:14:32.000 --> 00:14:34.000] And that 's what happened .
[00:14:34.000 --> 00:14:38.000] This is what a crossing of the Ukrainian border looks like in practice .
[00:14:38.000 --> 00:14:40.000] Who is to go , will go .
[00:14:40.000 --> 00:14:42.000] And the same with sm uggling .
[00:14:42.000 --> 00:14:47.000] Because it is not said at all that it is one of the main gates of mass sm uggling .
[00:14:47.000 --> 00:14:52.000] And these are things that you only see in the news from America or in some sensational movies .
[00:14:52.000 --> 00:14:58.000] There is a massive , scand alous , gigantic sm uggling going on .
[00:14:58.000 --> 00:15:00.000] You get a package for a ti ra .
[00:15:00.000 --> 00:15:04.000] You get X money from a person you don 't know .
[00:15:04.000 --> 00:15:07.000] You drive , you have no problems at the border .
[00:15:07.000 --> 00:15:09.000] Everything goes smoothly .
[00:15:09.000 --> 00:15:10.000] I don 't know what 's there .
[00:15:10.000 --> 00:15:12.000] I don 't even know if these people know what they are transporting there .
[00:15:12.000 --> 00:15:18.000] But they definitely don 't transport toys for children or any help for refugees .
[00:15:18.000 --> 00:15:20.000] I don 't know what is being sm ugg led now .
[00:15:20.000 --> 00:15:22.000] Once alcohol , cigarettes .
[00:15:22.000 --> 00:15:28.000] But I assume that , as in the whole world , weapons , drugs , prisoners to broth els in Germany .
[00:15:28.000 --> 00:15:30.000] Read the statistics .
[00:15:30.000 --> 00:15:33.000] See from the police actions when they reveal it .
[00:15:33.000 --> 00:15:34.000] It 's all over Poland .
[00:15:34.000 --> 00:15:38.000] These sm ugg led girls have to be in these tir as , these cars .
[00:15:38.000 --> 00:15:42.000] Ukraine is a totally corrupt state .
[00:15:42.000 --> 00:15:47.000] R uled practically by the mafia and ol ig arch s , or the mafia , to put it shortly .
[00:15:47.000 --> 00:15:52.000] Who elect s governments , including the cur r ently ruling president of Ukraine .
[00:15:52.000 --> 00:15:55.000] Who was elected , finan ced by an ol ig arch .
[00:15:55.000 --> 00:15:58.000] One of the richest people in Ukraine .
[00:15:58.000 --> 00:16:05.000] We are told some fairy tale that Ukrain ians are wonderful , wonderful people who fight for our freedom .
[00:16:05.000 --> 00:16:06.000] They die for us .
[00:16:06.000 --> 00:16:11.000] I 'm not talking about facts , documented , confirmed for decades , known facts .
[00:16:11.000 --> 00:16:14.000] The Ukrainian mafia is one of the worst ma f ias in the world .
[00:16:14.000 --> 00:16:19.000] That 's why the drivers of tir as and transport companies , there is a second and third bottom , sir .
[00:16:19.000 --> 00:16:22.000] Mr . Mar ius z , break . We 're back to the subject after the break .
[00:16:22.000 --> 00:16:24.000] P ARR OT TV
[00:16:26.000 --> 00:16:28.000] P ARR OT TV
[00:16:28.000 --> 00:16:30.000] P ARR OT TV
[00:16:30.000 --> 00:16:32.000] P ARR OT TV
[00:16:32.000 --> 00:16:34.000] P ARR OT TV
[00:16:34.000 --> 00:16:36.000] P ARR OT TV
[00:16:36.000 --> 00:16:38.000] P ARR OT TV
[00:16:38.000 --> 00:16:40.000] P ARR OT TV
[00:16:40.000 --> 00:16:42.000] P ARR OT TV
[00:16:42.000 --> 00:16:44.000] P ARR OT TV
[00:16:44.000 --> 00:16:46.000] P ARR OT TV
[00:16:46.000 --> 00:16:48.000] P ARR OT TV
[00:16:48.000 --> 00:16:50.000] P ARR OT TV
[00:16:50.000 --> 00:16:52.000] P ARR OT TV
[00:16:52.000 --> 00:16:54.000] P ARR OT TV
[00:16:54.000 --> 00:16:56.000] What 's up , Mr . Mar ius z ?
[00:16:56.000 --> 00:16:59.000] Mar ius z Stef ani ak , financial economist .
[00:16:59.000 --> 00:17:05.000] Today we are talking about what is really going on in the protest of Polish transport companies on the eastern border .
[00:17:05.000 --> 00:17:09.000] However , the add res see of their post ulates are also Polish authorities .
[00:17:09.000 --> 00:17:11.000] Dri vers are demanding ret ors y ,
[00:17:11.000 --> 00:17:17.000] that is , the use of similar difficulties with which Polish drivers meet in Ukraine
[00:17:17.000 --> 00:17:20.000] towards Ukrainian transport companies that come to Poland .
[00:17:20.000 --> 00:17:26.000] Is this a good way to balance the competition between these two sides ?
[00:17:26.000 --> 00:17:28.000] No , of course not .
[00:17:28.000 --> 00:17:32.000] First of all , the Polish government cannot do anything to the Ukrainian government .
[00:17:32.000 --> 00:17:36.000] We are in a service position here , not in a partner position .
[00:17:36.000 --> 00:17:42.000] Take a look at all the decisions made so far related to Polish - U k rain ian relations .
[00:17:42.000 --> 00:17:49.000] We are pouring tens of billions of help there , destroying our own hotels , destroying our own budget ,
[00:17:49.000 --> 00:17:52.000] destroying our own economic sectors .
[00:17:52.000 --> 00:17:58.000] And now you expect the same government to suddenly let in 15 . 5 million people .
[00:17:58.000 --> 00:18:03.000] And now you think that suddenly , magically , it will all turn around ?
[00:18:03.000 --> 00:18:08.000] The oret ically , if we started to add and impose additional requirements ,
[00:18:08.000 --> 00:18:11.000] control over Ukrainian transport companies in Poland ,
[00:18:11.000 --> 00:18:14.000] well , maybe it would discour age them .
[00:18:14.000 --> 00:18:15.000] Let 's try .
[00:18:15.000 --> 00:18:20.000] Thought experiment . You want to control a million vehicles .
[00:18:20.000 --> 00:18:22.000] I have a year for it , because you gave the annual data .
[00:18:22.000 --> 00:18:25.000] We have the road transport inspection , we have the road police .
[00:18:25.000 --> 00:18:29.000] You are not able to control a million trips .
[00:18:29.000 --> 00:18:32.000] You are not even able to control 100 , 000 .
[00:18:32.000 --> 00:18:36.000] You stop Ukrainian companies and control them .
[00:18:36.000 --> 00:18:39.000] It is impossible .
[00:18:39.000 --> 00:18:42.000] We can 't do anything in this position .
[00:18:42.000 --> 00:18:48.000] That 's why it 's bad that people think that now , when they are doing their own thing , something will change .
[00:18:48.000 --> 00:18:49.000] No , it won 't change .
[00:18:49.000 --> 00:18:53.000] Because it 's not a problem , sir , that these Ukrain ians do not follow the rules .
[00:18:53.000 --> 00:18:55.000] Or that they have lower costs . It 's not a problem .
[00:18:55.000 --> 00:19:00.000] After the protests of farmers , after the protests of the transport industry , who will be next ?
[00:19:00.000 --> 00:19:06.000] Who will the competition with Ukraine touch to the point that it will go out on the street and start protest actions ?
[00:19:06.000 --> 00:19:13.000] According to my knowledge , exactly everyone . In every aspect , Ukrain ians crush Pol es .
[00:19:13.000 --> 00:19:23.000] Whether it will be the home economy , or business management , or the possibility of transporting goods , buying tax - free ,
[00:19:23.000 --> 00:19:26.000] for example , what Ukrain ians do , or even employment .
[00:19:26.000 --> 00:19:31.000] This is one reason , but reason number two is at least as strong as the strongest .
[00:19:31.000 --> 00:19:40.000] Because , ladies and gentlemen , remember that the economy is not a net of selected business men who work there independently .
[00:19:40.000 --> 00:19:43.000] It 's like a human blood circulation .
[00:19:43.000 --> 00:19:47.000] Money in the country is like blood in a human body .
[00:19:47.000 --> 00:19:56.000] If you start cutting his veins at different ends , the fact that he will cut your left hand will damage your whole body .
[00:19:56.000 --> 00:19:58.000] Because , unfortunately , there is little blood in the whole body .
[00:19:58.000 --> 00:20:07.000] No matter where I stab you with this knife , you will suffer for this reason and bleed to death .
[00:20:07.000 --> 00:20:11.000] No matter if it 's a tiny finger at your leg , you 'll die .
[00:20:11.000 --> 00:20:14.000] Blood circul ates in the whole body , ladies and gentlemen .
[00:20:14.000 --> 00:20:17.000] And we are bleeding like a pig .
[00:20:17.000 --> 00:20:21.000] These knives are stabbed into successive sections .
[00:20:21.000 --> 00:20:25.000] Farm ers , transport workers , blow after blow .
[00:20:25.000 --> 00:20:28.000] They cry , protest , complain .
[00:20:28.000 --> 00:20:33.000] I hope I showed you today that they don 't understand what they demand and don 't understand what they protest against .
[00:20:33.000 --> 00:20:35.000] And this is their problem .
[00:20:35.000 --> 00:20:39.000] By the way , ours too , because we are also in this blood circulation , ladies and gentlemen .
[00:20:39.000 --> 00:20:44.000] We will also die when transport workers die , when farmers die .
[00:20:44.000 --> 00:20:46.000] We will also die .
[00:20:46.000 --> 00:20:53.000] If we don 't all educate ourselves economically , on a large scale , we will die .
[00:20:53.000 --> 00:20:58.000] It 's not like you come to such an audition to listen to curios ities from the world .
[00:20:58.000 --> 00:21:07.000] You are currently investing in saving your life , your children , their future and your country .
[00:21:07.000 --> 00:21:09.000] Through economic education .
[00:21:09.000 --> 00:21:11.000] We had it in history .
[00:21:11.000 --> 00:21:13.000] We were brutally German ized .
[00:21:13.000 --> 00:21:14.000] And what did the Pol es do ?
[00:21:14.000 --> 00:21:19.000] Once , after the next uprising , where we were murdered , crushed by the occupation army ,
[00:21:19.000 --> 00:21:24.000] a slogan was created - Pol es , let 's hold the ground , Pol es , build me a company .
[00:21:24.000 --> 00:21:28.000] Build your property , build companies , build businesses .
[00:21:28.000 --> 00:21:31.000] Build pro - party behavior .
[00:21:31.000 --> 00:21:35.000] Because this is the blood of Poland .
[00:21:35.000 --> 00:21:38.000] Because thanks to this , your children will speak Polish .
[00:21:38.000 --> 00:21:43.000] You won 't be par odies of some Germans or Mus co v ites .
[00:21:43.000 --> 00:21:47.000] I respect you for being here and listening to this audition .
[00:21:47.000 --> 00:21:52.000] This is how you save yourself and your children , but also expand this knowledge .
[00:21:52.000 --> 00:21:58.000] I am not able to save anything , because the fact that I know something more or less ,
[00:21:58.000 --> 00:22:00.000] unfortunately , does not help Poland .
[00:22:00.000 --> 00:22:07.000] Only when my level of knowledge will have a million people , then everything will become simple .
[00:22:07.000 --> 00:22:11.000] I don 't think I have any brilliant , wonderful or secret knowledge .
[00:22:11.000 --> 00:22:14.000] I am such a typical Pole .
[00:22:14.000 --> 00:22:20.000] It is up to you to educate yourself , your family , your friends .
[00:22:20.000 --> 00:22:25.000] And then , ladies and gentlemen , all these problems will disappear like a magic wand .
[00:22:25.000 --> 00:22:31.000] And with this very positive message , Mr . Mar ius z , we will come to the end of today 's audition .
[00:22:31.000 --> 00:22:33.000] Thank you very much for the interview .
[00:22:33.000 --> 00:22:37.000] Mar ius z Stef ani ak , financial economist , our expert .
[00:22:37.000 --> 00:22:43.000] And we invite you to the Internet , to our website aud y cje . com . pl ,
[00:22:43.000 --> 00:22:46.000] where you can listen to this audition again in its full version
[00:22:46.000 --> 00:22:50.000] and you can find a lot of other interesting materials .
[00:22:50.000 --> 00:22:52.000] Thank you , Kr z ysz to f Stra uch man .
[00:22:52.000 --> 00:23:04.000] Other radio stations - in G ? uch o ? az y and the area - 105 . 2 .
[00:23:04.000 --> 00:23:06.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ int ro music ]
[00:00:08.000 --> 00:00:10.000] What 's up , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's up , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:16.000] What 's up with artificial intelligence ?
[00:00:16.000 --> 00:00:18.000] Today we 're talking about it with Mar ius z Stef ani ak ,
[00:00:18.000 --> 00:00:20.000] our expert ,
[00:00:20.000 --> 00:00:22.000] financial expert , economist ,
[00:00:22.000 --> 00:00:24.000] a man renowned in the world of economy .
[00:00:24.000 --> 00:00:26.000] I heard , or actually read ,
[00:00:26.000 --> 00:00:28.000] that in the Brazilian city of Port o A leg re
[00:00:28.000 --> 00:00:30.000] artificial intelligence wrote a local law ,
[00:00:30.000 --> 00:00:32.000] specifically a law
[00:00:32.000 --> 00:00:34.000] on water meters
[00:00:34.000 --> 00:00:36.000] that the council ors couldn 't come up with .
[00:00:36.000 --> 00:00:38.000] One of the city council ors
[00:00:38.000 --> 00:00:40.000] gave this task to the G TP chat .
[00:00:40.000 --> 00:00:42.000] The general idea was to make
[00:00:42.000 --> 00:00:44.000] the local water supply plant
[00:00:44.000 --> 00:00:46.000] oblig atory to install new water meters
[00:00:46.000 --> 00:00:48.000] quickly , because there 's a plague
[00:00:48.000 --> 00:00:50.000] with water meter theft s in this city .
[00:00:50.000 --> 00:00:52.000] Art ificial intelligence
[00:00:52.000 --> 00:00:54.000] proposed a regulation that
[00:00:54.000 --> 00:00:56.000] water meters have 30 days to install
[00:00:56.000 --> 00:00:58.000] new water meters ,
[00:00:58.000 --> 00:01:00.000] because if they don 't ,
[00:01:00.000 --> 00:01:02.000] they simply can 't collect
[00:01:02.000 --> 00:01:04.000] water fees .
[00:01:04.000 --> 00:01:06.000] Brilliant and simple , Mr . Mar ius z .
[00:01:06.000 --> 00:01:08.000] Why didn 't the man come up with it ?
[00:01:08.000 --> 00:01:10.000] In one sentence I 'll explain to you
[00:01:10.000 --> 00:01:12.000] that these are completely different worlds
[00:01:12.000 --> 00:01:14.000] with different activities and goals .
[00:01:14.000 --> 00:01:16.000] In one , it 's like this .
[00:01:16.000 --> 00:01:18.000] Art ificial intelligence
[00:01:18.000 --> 00:01:20.000] is not any intelligence ,
[00:01:20.000 --> 00:01:22.000] but advanced ,
[00:01:22.000 --> 00:01:24.000] self - learning mathematical models
[00:01:24.000 --> 00:01:26.000] designed to search
[00:01:26.000 --> 00:01:28.000] for optimal results
[00:01:28.000 --> 00:01:30.000] in the shortest time .
[00:01:30.000 --> 00:01:32.000] On the other hand ,
[00:01:32.000 --> 00:01:34.000] the act ivity of the city councils
[00:01:34.000 --> 00:01:36.000] is the exact opposite .
[00:01:36.000 --> 00:01:38.000] It 's about increasing the degree of complexity ,
[00:01:38.000 --> 00:01:40.000] extending the time and costs of the activity .
[00:01:40.000 --> 00:01:42.000] Political or official activities
[00:01:42.000 --> 00:01:44.000] have completely opposite effects
[00:01:44.000 --> 00:01:46.000] than one would expect
[00:01:46.000 --> 00:01:48.000] from logically thinking people .
[00:01:48.000 --> 00:01:50.000] And this example with water meters
[00:01:50.000 --> 00:01:52.000] is so interesting ,
[00:01:52.000 --> 00:01:54.000] that maybe it would be a good idea
[00:01:54.000 --> 00:01:56.000] to ask ourselves why
[00:01:56.000 --> 00:01:58.000] there is such a problem at all ?
[00:01:58.000 --> 00:02:00.000] Why don 't we have such mass thieves ?
[00:02:00.000 --> 00:02:02.000] Why ? Because there is a fatal government ,
[00:02:02.000 --> 00:02:04.000] a fatal economy ,
[00:02:04.000 --> 00:02:06.000] people are poor ,
[00:02:06.000 --> 00:02:08.000] politicians are corrupt
[00:02:08.000 --> 00:02:10.000] and no artificial intelligence
[00:02:10.000 --> 00:02:12.000] can fix anything .
[00:02:12.000 --> 00:02:14.000] So it was easier for us
[00:02:14.000 --> 00:02:16.000] to invent artificial intelligence
[00:02:16.000 --> 00:02:18.000] than to repro gram the way
[00:02:18.000 --> 00:02:20.000] the administration , offices and politicians act , right ?
[00:02:20.000 --> 00:02:22.000] Yes , exactly . You are right .
[00:02:22.000 --> 00:02:24.000] It 's easier to generate the most advanced
[00:02:24.000 --> 00:02:26.000] self - learning models
[00:02:26.000 --> 00:02:28.000] than to elect honest politicians .
[00:02:28.000 --> 00:02:30.000] Mr . Mar ius z , but this resolution
[00:02:30.000 --> 00:02:32.000] in the city of Port o A leg re was approved
[00:02:32.000 --> 00:02:34.000] by the City Council and only then ,
[00:02:34.000 --> 00:02:36.000] after this fact , the council or
[00:02:36.000 --> 00:02:38.000] who asked for the proposal
[00:02:38.000 --> 00:02:40.000] for artificial intelligence ,
[00:02:40.000 --> 00:02:42.000] publicly said that it was
[00:02:42.000 --> 00:02:44.000] the city council that prepared the draft of this resolution .
[00:02:44.000 --> 00:02:46.000] Does it mean that we are ashamed
[00:02:46.000 --> 00:02:48.000] to use artificial intelligence
[00:02:48.000 --> 00:02:50.000] in our politics ?
[00:02:50.000 --> 00:02:52.000] No , it depends on who and how
[00:02:52.000 --> 00:02:54.000] uses it . Art ificial intelligence is just a tool .
[00:02:54.000 --> 00:02:56.000] New , efficient , if they can use it , let 's add .
[00:02:56.000 --> 00:02:58.000] In the past , computers ,
[00:02:58.000 --> 00:03:00.000] calculation arc s
[00:03:00.000 --> 00:03:02.000] or text editors were a leap .
[00:03:02.000 --> 00:03:04.000] Until now , computers have been giving us
[00:03:04.000 --> 00:03:06.000] a boring , labor ious job ,
[00:03:06.000 --> 00:03:08.000] and now they are starting to give us
[00:03:08.000 --> 00:03:10.000] a creative job .
[00:03:10.000 --> 00:03:12.000] It is a bit of a shame , at least for some .
[00:03:12.000 --> 00:03:14.000] No , no , I will not agree with that .
[00:03:14.000 --> 00:03:16.000] There have been a lot of such loud cases ,
[00:03:16.000 --> 00:03:18.000] of un educ ated or lazy lawyers
[00:03:18.000 --> 00:03:20.000] or programmers using AI
[00:03:20.000 --> 00:03:22.000] or SI , as we can shorten it in Polish .
[00:03:22.000 --> 00:03:24.000] It came to the point
[00:03:24.000 --> 00:03:26.000] that the official American
[00:03:26.000 --> 00:03:28.000] legal entity issued special
[00:03:28.000 --> 00:03:30.000] detailed guidelines
[00:03:30.000 --> 00:03:32.000] describing and prohib iting
[00:03:32.000 --> 00:03:34.000] the use of artificial intelligence .
[00:03:34.000 --> 00:03:36.000] And so many of the richest companies ,
[00:03:36.000 --> 00:03:38.000] also computer companies ,
[00:03:38.000 --> 00:03:40.000] prohib it their employees , for example ,
[00:03:40.000 --> 00:03:42.000] from using artificial intelligence
[00:03:42.000 --> 00:03:44.000] under serious sanctions .
[00:03:44.000 --> 00:03:46.000] For two reasons .
[00:03:46.000 --> 00:03:48.000] One , of course , is the security of data ,
[00:03:48.000 --> 00:03:50.000] because AI is just a huge machine
[00:03:50.000 --> 00:03:52.000] for stealing data .
[00:03:52.000 --> 00:03:54.000] And the next ,
[00:03:54.000 --> 00:03:56.000] to potentially dangerous errors
[00:03:56.000 --> 00:03:58.000] that can be caused by using
[00:03:58.000 --> 00:04:00.000] this artificial intelligence .
[00:04:00.000 --> 00:04:02.000] Such thought less uses .
[00:04:02.000 --> 00:04:04.000] One of the largest electronic companies in the world ,
[00:04:04.000 --> 00:04:06.000] Samsung S emic ondu ctor ,
[00:04:06.000 --> 00:04:08.000] officially allowed the use of GP T
[00:04:08.000 --> 00:04:10.000] and here I quote the journalist
[00:04:10.000 --> 00:04:12.000] of the portal Dob re Pro gram y . pl
[00:04:12.000 --> 00:04:14.000] " They used the GP T chat ,
[00:04:14.000 --> 00:04:16.000] among other things , to create quick source code corrections ,
[00:04:16.000 --> 00:04:18.000] past ing it into the application ,
[00:04:18.000 --> 00:04:20.000] which meant data leakage outside the company .
[00:04:20.000 --> 00:04:22.000] The company has reported three cases
[00:04:22.000 --> 00:04:24.000] of using artificial intelligence in a way
[00:04:24.000 --> 00:04:26.000] that led to data leakage .
[00:04:26.000 --> 00:04:28.000] It all happened
[00:04:28.000 --> 00:04:30.000] in just 20 days ."
[00:04:30.000 --> 00:04:32.000] End of quote .
[00:04:32.000 --> 00:04:34.000] For our listeners who visit our blog ,
[00:04:34.000 --> 00:04:36.000] I will put links to interesting
[00:04:36.000 --> 00:04:38.000] cases , articles ,
[00:04:38.000 --> 00:04:40.000] you will read it in more detail .
[00:04:40.000 --> 00:04:42.000] Another example from another industry .
[00:04:42.000 --> 00:04:44.000] Steven Schw artz , a lawyer from the USA ,
[00:04:44.000 --> 00:04:46.000] used the GP T chat during the lawsuit
[00:04:46.000 --> 00:04:48.000] against Av ian ca Airlines .
[00:04:48.000 --> 00:04:50.000] And in court , it turned out that the chat gave him
[00:04:50.000 --> 00:04:52.000] fictional facts ,
[00:04:52.000 --> 00:04:54.000] and he quote them thought lessly in court .
[00:04:54.000 --> 00:04:56.000] Art ificial intelligence does not actually
[00:04:56.000 --> 00:04:58.000] base its answers
[00:04:58.000 --> 00:05:00.000] only on facts and data ,
[00:05:00.000 --> 00:05:02.000] but sometimes it in ven ts them itself .
[00:05:02.000 --> 00:05:04.000] These models work
[00:05:04.000 --> 00:05:06.000] in a way of statistical
[00:05:06.000 --> 00:05:08.000] pr oof of work ,
[00:05:08.000 --> 00:05:10.000] but not based on
[00:05:10.000 --> 00:05:12.000] some kind of intelligence ,
[00:05:12.000 --> 00:05:14.000] because there is no intelligence there .
[00:05:14.000 --> 00:05:16.000] Please always remember that .
[00:05:16.000 --> 00:05:18.000] Mr . Mar ius z , coming back to the issue of
[00:05:18.000 --> 00:05:20.000] intelligence , you said that these systems
[00:05:20.000 --> 00:05:22.000] can learn , and isn 't that
[00:05:22.000 --> 00:05:24.000] a manifestation of this intelligence ,
[00:05:24.000 --> 00:05:26.000] whatever it is ?
[00:05:26.000 --> 00:05:28.000] And besides , won 't it lead to
[00:05:28.000 --> 00:05:30.000] machines being smarter
[00:05:30.000 --> 00:05:32.000] than humans in the future ?
[00:05:32.000 --> 00:05:34.000] I will say this , there is no intelligence there ,
[00:05:34.000 --> 00:05:36.000] no wisdom , because is your calculator
[00:05:36.000 --> 00:05:38.000] smarter ? Well , it can count faster
[00:05:38.000 --> 00:05:40.000] and bigger numbers , but it 's
[00:05:40.000 --> 00:05:42.000] no wisdom , it 's just
[00:05:42.000 --> 00:05:44.000] math . Art ificial intelligence ,
[00:05:44.000 --> 00:05:46.000] in my opinion , eliminates the stupid est
[00:05:46.000 --> 00:05:48.000] from every profession , and that 's good ,
[00:05:48.000 --> 00:05:50.000] but at the same time it also creates
[00:05:50.000 --> 00:05:52.000] new special ties . For example ,
[00:05:52.000 --> 00:05:54.000] the so - called prom p ter , that is , a person
[00:05:54.000 --> 00:05:56.000] writing questions to artificial intelligence ,
[00:05:56.000 --> 00:05:58.000] which is not easy at all ,
[00:05:58.000 --> 00:06:00.000] and most people can 't do it , and won 't
[00:06:00.000 --> 00:06:02.000] be able to , just like so far most people
[00:06:02.000 --> 00:06:04.000] can 't use computers .
[00:06:04.000 --> 00:06:06.000] They just can 't , ladies and gentlemen .
[00:06:06.000 --> 00:06:08.000] In my opinion , the same will happen
[00:06:08.000 --> 00:06:10.000] with these advanced AI systems .
[00:06:10.000 --> 00:06:12.000] Art ificial intelligence tells me
[00:06:12.000 --> 00:06:14.000] that we should take a break ,
[00:06:14.000 --> 00:06:16.000] I invite you to the topic in a moment .
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[00:06:48.000 --> 00:06:50.000] Hello , Mr . Mar ius z , what 's going on
[00:06:50.000 --> 00:06:52.000] with artificial intelligence ? Today we are talking
[00:06:52.000 --> 00:06:54.000] about this with Mar ius z Stef ani ak ,
[00:06:54.000 --> 00:06:56.000] our expert , financial expert ,
[00:06:56.000 --> 00:06:58.000] economist , a man renowned
[00:06:58.000 --> 00:07:00.000] in the world of economics . On November 30 ,
[00:07:00.000 --> 00:07:02.000] quite recently ,
[00:07:02.000 --> 00:07:04.000] quite quietly , the first anniversary
[00:07:04.000 --> 00:07:06.000] of the release of artificial intelligence
[00:07:06.000 --> 00:07:08.000] by the most famous chat of the G TP ,
[00:07:08.000 --> 00:07:10.000] the audience , in fact , everyone .
[00:07:10.000 --> 00:07:12.000] For the development of new technologies , a year is a lot .
[00:07:12.000 --> 00:07:14.000] You can already convey some
[00:07:14.000 --> 00:07:16.000] summ aries or observations .
[00:07:16.000 --> 00:07:18.000] Mr . Mar ius z , has the use
[00:07:18.000 --> 00:07:20.000] of G TP become common ?
[00:07:20.000 --> 00:07:22.000] Yes , and this is already a social problem .
[00:07:22.000 --> 00:07:24.000] For example , we read in E ur one ws
[00:07:24.000 --> 00:07:26.000] that in France , the prestigious
[00:07:26.000 --> 00:07:28.000] Sciences Po University in Paris
[00:07:28.000 --> 00:07:30.000] has also announced a strict
[00:07:30.000 --> 00:07:32.000] ban on the use of AI .
[00:07:32.000 --> 00:07:34.000] Ce cile Ke fl in , a teacher
[00:07:34.000 --> 00:07:36.000] in a high school in the French city of T ours ,
[00:07:36.000 --> 00:07:38.000] said in E ur one ws that 80 - 90 %
[00:07:38.000 --> 00:07:40.000] of her employees
[00:07:40.000 --> 00:07:42.000] are against the text generator
[00:07:42.000 --> 00:07:44.000] in the E SE E , because they perceive it as
[00:07:44.000 --> 00:07:46.000] a tool for cheating .
[00:07:46.000 --> 00:07:48.000] You can say with all your might that this is already
[00:07:48.000 --> 00:07:50.000] a large - scale phenomenon . I assume that
[00:07:50.000 --> 00:07:52.000] at some point , schools will
[00:07:52.000 --> 00:07:54.000] have to officially include
[00:07:54.000 --> 00:07:56.000] AI in the educational aid ,
[00:07:56.000 --> 00:07:58.000] because it cannot be avoided in any way .
[00:07:58.000 --> 00:08:00.000] In fact , with one click ,
[00:08:00.000 --> 00:08:02.000] any student or child
[00:08:02.000 --> 00:08:04.000] is able to solve any task ,
[00:08:04.000 --> 00:08:06.000] write any text ,
[00:08:06.000 --> 00:08:08.000] including an advanced
[00:08:08.000 --> 00:08:10.000] scientific text . I think it 's time
[00:08:10.000 --> 00:08:12.000] for a change . Well , we 'll probably
[00:08:12.000 --> 00:08:14.000] use AI to detect
[00:08:14.000 --> 00:08:16.000] the actions of AI in the role of a policeman ,
[00:08:16.000 --> 00:08:18.000] in a sense . You predicted it perfectly .
[00:08:18.000 --> 00:08:20.000] There are already such models .
[00:08:20.000 --> 00:08:22.000] For example , AI has been
[00:08:22.000 --> 00:08:24.000] involved in detecting
[00:08:24.000 --> 00:08:26.000] fake news generated by
[00:08:26.000 --> 00:08:28.000] AI bots .
[00:08:28.000 --> 00:08:30.000] I remember a few months ago
[00:08:30.000 --> 00:08:32.000] we were already discussing this topic and then
[00:08:32.000 --> 00:08:34.000] we talked about the fears that
[00:08:34.000 --> 00:08:36.000] people have in relation to the
[00:08:36.000 --> 00:08:38.000] widespread use of AI
[00:08:38.000 --> 00:08:40.000] to hand over people
[00:08:40.000 --> 00:08:42.000] in various jobs . How do you assess
[00:08:42.000 --> 00:08:44.000] these fears after a year of operation ? Have you heard
[00:08:44.000 --> 00:08:46.000] about someone who lost his job
[00:08:46.000 --> 00:08:48.000] because AI bit him ?
[00:08:48.000 --> 00:08:50.000] Of course I heard .
[00:08:50.000 --> 00:08:52.000] In March , Goldman Sach s
[00:08:52.000 --> 00:08:54.000] predicted that AI
[00:08:54.000 --> 00:08:56.000] could replace 300
[00:08:56.000 --> 00:08:58.000] million full - time
[00:08:58.000 --> 00:09:00.000] jobs in the world and
[00:09:00.000 --> 00:09:02.000] affect one - f if th of employment ,
[00:09:02.000 --> 00:09:04.000] with a particular focus
[00:09:04.000 --> 00:09:06.000] on mental jobs .
[00:09:06.000 --> 00:09:08.000] So far , they have been well defended
[00:09:08.000 --> 00:09:10.000] by automation and computer ization ,
[00:09:10.000 --> 00:09:12.000] for example , all administrative
[00:09:12.000 --> 00:09:14.000] or legal positions .
[00:09:14.000 --> 00:09:16.000] It eliminates a lot of
[00:09:16.000 --> 00:09:18.000] fictional positions where nothing is created ,
[00:09:18.000 --> 00:09:20.000] people do not contribute anything ,
[00:09:20.000 --> 00:09:22.000] but they increase
[00:09:22.000 --> 00:09:24.000] costs . Someone has to
[00:09:24.000 --> 00:09:26.000] earn money for these costs .
[00:09:26.000 --> 00:09:28.000] Such a revolution will be very
[00:09:28.000 --> 00:09:30.000] beneficial from an economic point of view .
[00:09:30.000 --> 00:09:32.000] We eliminate people who are
[00:09:32.000 --> 00:09:34.000] average or even un ne cess ary
[00:09:34.000 --> 00:09:36.000] and sit in offices
[00:09:36.000 --> 00:09:38.000] for years .
[00:09:38.000 --> 00:09:40.000] They literally live at the expense of others ,
[00:09:40.000 --> 00:09:42.000] such as accounting departments ,
[00:09:42.000 --> 00:09:44.000] administrative departments . We can replace
[00:09:44.000 --> 00:09:46.000] them with one accounting office
[00:09:46.000 --> 00:09:48.000] that serves tens or hundreds of companies .
[00:09:48.000 --> 00:09:50.000] One professional
[00:09:50.000 --> 00:09:52.000] person with a good
[00:09:52.000 --> 00:09:54.000] IT background can
[00:09:54.000 --> 00:09:56.000] do so much analysis
[00:09:56.000 --> 00:09:58.000] as quickly and as accurately as
[00:09:58.000 --> 00:10:00.000] tens of people used to do .
[00:10:00.000 --> 00:10:02.000] The question is whether the labor market will be able
[00:10:02.000 --> 00:10:04.000] to absorb these people who
[00:10:04.000 --> 00:10:06.000] are in these positions and find something
[00:10:06.000 --> 00:10:08.000] else for them . Of course , the fact that
[00:10:08.000 --> 00:10:10.000] you have 50 new officials
[00:10:10.000 --> 00:10:12.000] only means that you have to
[00:10:12.000 --> 00:10:14.000] keep 50 new officials , but if
[00:10:14.000 --> 00:10:16.000] you walk the streets , it suddenly turns out
[00:10:16.000 --> 00:10:18.000] that there are no people for many jobs .
[00:10:18.000 --> 00:10:20.000] For years we have been repeating that
[00:10:20.000 --> 00:10:22.000] we need millions of migrants
[00:10:22.000 --> 00:10:24.000] to fill the job s .
[00:10:24.000 --> 00:10:26.000] If we suddenly release 100 , 200 , 300 ,
[00:10:26.000 --> 00:10:28.000] 500 , 000 such losers who
[00:10:28.000 --> 00:10:30.000] only stick stamps there and do nothing ,
[00:10:30.000 --> 00:10:32.000] suddenly these people will be useful .
[00:10:32.000 --> 00:10:34.000] In Africa , in the f ie ld s , in processing ,
[00:10:34.000 --> 00:10:36.000] we need hundreds of thousands of people .
[00:10:36.000 --> 00:10:38.000] Govern ments have been telling us
[00:10:38.000 --> 00:10:40.000] for years how many
[00:10:40.000 --> 00:10:42.000] millions of migrants we need here .
[00:10:42.000 --> 00:10:44.000] We need people to work .
[00:10:44.000 --> 00:10:46.000] And the intelligence sector will release
[00:10:46.000 --> 00:10:48.000] a lot of average people
[00:10:48.000 --> 00:10:50.000] or even not very intelligent
[00:10:50.000 --> 00:10:52.000] and useless people from the country
[00:10:52.000 --> 00:10:54.000] who sit in offices
[00:10:54.000 --> 00:10:56.000] and it costs a higher price of real estate ,
[00:10:56.000 --> 00:10:58.000] ladies and gentlemen , for which you all pay .
[00:10:58.000 --> 00:11:00.000] In fact , releasing them
[00:11:00.000 --> 00:11:02.000] will only be beneficial .
[00:11:02.000 --> 00:11:04.000] From an economic point of view , I do not see any
[00:11:04.000 --> 00:11:06.000] disadvantage in releasing hundreds of thousands
[00:11:06.000 --> 00:11:08.000] of people from office positions .
[00:11:08.000 --> 00:11:10.000] I only see the advantages .
[00:11:10.000 --> 00:11:12.000] Mr . Mar ius z , you mentioned students
[00:11:12.000 --> 00:11:14.000] using artificial intelligence ,
[00:11:14.000 --> 00:11:16.000] lawyers , you mentioned large companies ,
[00:11:16.000 --> 00:11:18.000] but from the point of view of the economy ,
[00:11:18.000 --> 00:11:20.000] most of our national income
[00:11:20.000 --> 00:11:22.000] is created by small and medium - sized companies .
[00:11:22.000 --> 00:11:24.000] Do you know any examples from Poland ?
[00:11:24.000 --> 00:11:26.000] Companies that used artificial intelligence
[00:11:26.000 --> 00:11:28.000] to implement something new , develop
[00:11:28.000 --> 00:11:30.000] a new solution , gain new markets ?
[00:11:30.000 --> 00:11:32.000] I suspect that there are
[00:11:32.000 --> 00:11:34.000] such entities in Poland ,
[00:11:34.000 --> 00:11:36.000] but I have not personally
[00:11:36.000 --> 00:11:38.000] encountered such analyses
[00:11:38.000 --> 00:11:40.000] as who uses them .
[00:11:40.000 --> 00:11:42.000] I can give from my knowledge , as I said ,
[00:11:42.000 --> 00:11:44.000] I have some experience here .
[00:11:44.000 --> 00:11:46.000] In the projects I run myself ,
[00:11:46.000 --> 00:11:48.000] I use such models of artificial intelligence .
[00:11:48.000 --> 00:11:50.000] We are already testing
[00:11:50.000 --> 00:11:52.000] dozens of new types .
[00:11:52.000 --> 00:11:54.000] We are talking about hundreds of different types .
[00:11:54.000 --> 00:11:56.000] I had direct contact with dozens .
[00:11:56.000 --> 00:11:58.000] I know that there is still a lot
[00:11:58.000 --> 00:12:00.000] to be explored .
[00:12:00.000 --> 00:12:02.000] We put our own artificial intelligence
[00:12:02.000 --> 00:12:04.000] that will work for us ,
[00:12:04.000 --> 00:12:06.000] use it .
[00:12:06.000 --> 00:12:08.000] You remember how Samsung or some other examples
[00:12:08.000 --> 00:12:10.000] that we gave you today tell us
[00:12:10.000 --> 00:12:12.000] that it is very dangerous .
[00:12:12.000 --> 00:12:14.000] Someone has access to all your data ,
[00:12:14.000 --> 00:12:16.000] all your questions ,
[00:12:16.000 --> 00:12:18.000] and you can also get a lot out of it ,
[00:12:18.000 --> 00:12:20.000] more than you would like them to know .
[00:12:20.000 --> 00:12:22.000] If you have your own algorithm ,
[00:12:22.000 --> 00:12:24.000] your own model , your own computer
[00:12:24.000 --> 00:12:26.000] that is still disconnected from the Internet ,
[00:12:26.000 --> 00:12:28.000] it is a tool that will really work for you .
[00:12:28.000 --> 00:12:30.000] I am personally a supporter of this approach ,
[00:12:30.000 --> 00:12:32.000] but each of you should choose
[00:12:32.000 --> 00:12:34.000] how you will approach
[00:12:34.000 --> 00:12:36.000] this technical , social
[00:12:36.000 --> 00:12:38.000] and cultural novelty , because at the same time
[00:12:38.000 --> 00:12:40.000] all aspects of our life will change .
[00:12:40.000 --> 00:12:42.000] Break number two .
[00:12:42.000 --> 00:12:44.000] A moment for rest .
[00:12:44.000 --> 00:12:46.000] We 'll be right back to the topic .
[00:12:48.000 --> 00:12:50.000] [ Music ]
[00:12:52.000 --> 00:12:54.000] [ Music ]
[00:13:18.000 --> 00:13:20.000] What is going on , Mr . Mar ius z ?
[00:13:20.000 --> 00:13:22.000] The topic of today 's meeting is artificial intelligence
[00:13:22.000 --> 00:13:24.000] and a summary of the year
[00:13:24.000 --> 00:13:26.000] of its quite common activity .
[00:13:26.000 --> 00:13:28.000] Mar ius z Stef ani ak ,
[00:13:28.000 --> 00:13:30.000] economist , financi er , our expert .
[00:13:30.000 --> 00:13:32.000] Mr . Mar ius z , you accuse
[00:13:32.000 --> 00:13:34.000] various state ,
[00:13:34.000 --> 00:13:36.000] political , business organizations
[00:13:36.000 --> 00:13:38.000] of using artificial intelligence
[00:13:38.000 --> 00:13:40.000] and using programs
[00:13:40.000 --> 00:13:42.000] analyzing very large databases
[00:13:42.000 --> 00:13:44.000] about people , simply speaking ,
[00:13:44.000 --> 00:13:46.000] to manipulate society .
[00:13:46.000 --> 00:13:48.000] How does it look after a year ?
[00:13:48.000 --> 00:13:50.000] Are there any new examples ?
[00:13:50.000 --> 00:13:52.000] Have we managed to limit this phenomenon ?
[00:13:52.000 --> 00:13:54.000] Is there really anything to be afraid of ?
[00:13:54.000 --> 00:13:56.000] It is definitely a serious danger ,
[00:13:56.000 --> 00:13:58.000] but my personal opinion is that
[00:13:58.000 --> 00:14:00.000] for most people in the world
[00:14:00.000 --> 00:14:02.000] nothing changes , because they
[00:14:02.000 --> 00:14:04.000] did not have any
[00:14:04.000 --> 00:14:06.000] own possibilities to make decisions .
[00:14:06.000 --> 00:14:08.000] Before artificial intelligence appeared ,
[00:14:08.000 --> 00:14:10.000] practically the US voters
[00:14:10.000 --> 00:14:12.000] had no influence on who they were elect ing ,
[00:14:12.000 --> 00:14:14.000] because there were organizations ,
[00:14:14.000 --> 00:14:16.000] for example secret services ,
[00:14:16.000 --> 00:14:18.000] which in agreement with the largest
[00:14:18.000 --> 00:14:20.000] media companies ,
[00:14:20.000 --> 00:14:22.000] in the style of Twitter or Facebook ,
[00:14:22.000 --> 00:14:24.000] manipulated public opinion
[00:14:24.000 --> 00:14:26.000] on a massive scale
[00:14:26.000 --> 00:14:28.000] with full pre med itation ,
[00:14:28.000 --> 00:14:30.000] for example , sil encing
[00:14:30.000 --> 00:14:32.000] all information that did not suit them ,
[00:14:32.000 --> 00:14:34.000] manipulating data .
[00:14:34.000 --> 00:14:36.000] And we are talking here about an organized ,
[00:14:36.000 --> 00:14:38.000] coordinated by the government
[00:14:38.000 --> 00:14:40.000] and secret government services
[00:14:40.000 --> 00:14:42.000] nationwide action
[00:14:42.000 --> 00:14:44.000] without information .
[00:14:44.000 --> 00:14:46.000] This process in various
[00:14:46.000 --> 00:14:48.000] intens ification takes thousands of years ,
[00:14:48.000 --> 00:14:50.000] ladies and gentlemen .
[00:14:50.000 --> 00:14:52.000] It is a great danger that people
[00:14:52.000 --> 00:14:54.000] do not know what they know ,
[00:14:54.000 --> 00:14:56.000] because most people simply never
[00:14:56.000 --> 00:14:58.000] verify any information they receive .
[00:14:58.000 --> 00:15:00.000] Well , for example ,
[00:15:00.000 --> 00:15:02.000] referring to the everyday example
[00:15:02.000 --> 00:15:04.000] probably of most people 's lives
[00:15:04.000 --> 00:15:06.000] using television platforms .
[00:15:06.000 --> 00:15:08.000] The rule is that after watching
[00:15:08.000 --> 00:15:10.000] one movie , the platform prompts us
[00:15:10.000 --> 00:15:12.000] to watch another movie about a similar topic ,
[00:15:12.000 --> 00:15:14.000] starts to profile us somehow ,
[00:15:14.000 --> 00:15:16.000] looks for our preferences ,
[00:15:16.000 --> 00:15:18.000] our interests .
[00:15:18.000 --> 00:15:20.000] Similarly , on the Internet ,
[00:15:20.000 --> 00:15:22.000] Google gives us some content , articles .
[00:15:22.000 --> 00:15:24.000] We are slowly closing in the
[00:15:24.000 --> 00:15:26.000] bubble of people with similar views ,
[00:15:26.000 --> 00:15:28.000] referring to similar information .
[00:15:28.000 --> 00:15:30.000] We are also starting to close
[00:15:30.000 --> 00:15:32.000] on people with different views ,
[00:15:32.000 --> 00:15:34.000] with a different worldview ,
[00:15:34.000 --> 00:15:36.000] with a different range of information .
[00:15:36.000 --> 00:15:38.000] Isn 't it a threat to people ,
[00:15:38.000 --> 00:15:40.000] to intelligence , to development ,
[00:15:40.000 --> 00:15:42.000] to civilization ?
[00:15:42.000 --> 00:15:44.000] I don 't see any threat in it .
[00:15:44.000 --> 00:15:46.000] Everything you have described beautifully
[00:15:46.000 --> 00:15:48.000] is nothing more than a confirmation bias ,
[00:15:48.000 --> 00:15:50.000] where we are , by nature ,
[00:15:50.000 --> 00:15:52.000] focused on confirming
[00:15:52.000 --> 00:15:54.000] the things we believe in ,
[00:15:54.000 --> 00:15:56.000] and rejecting those that do not
[00:15:56.000 --> 00:15:58.000] match our beliefs .
[00:15:58.000 --> 00:16:00.000] It is not a problem that we are being
[00:16:00.000 --> 00:16:02.000] prom pted to analyze and profile different content .
[00:16:02.000 --> 00:16:04.000] No . The problem is that you are
[00:16:04.000 --> 00:16:06.000] notor iously watched every day ,
[00:16:06.000 --> 00:16:08.000] for example , you are e aves dro pped .
[00:16:08.000 --> 00:16:10.000] And based on what you talk about
[00:16:10.000 --> 00:16:12.000] with your wife at dinner ,
[00:16:12.000 --> 00:16:14.000] devices without your knowledge
[00:16:14.000 --> 00:16:16.000] e aves drop on everything ,
[00:16:16.000 --> 00:16:18.000] for example , your phone ,
[00:16:18.000 --> 00:16:20.000] and in a few minutes when you go to the computer
[00:16:20.000 --> 00:16:22.000] or turn on your phone ,
[00:16:22.000 --> 00:16:24.000] you will have certain claims based on what you are talking about .
[00:16:24.000 --> 00:16:26.000] And this is dangerous , because it is
[00:16:26.000 --> 00:16:28.000] a blat ant violation of our rights .
[00:16:28.000 --> 00:16:30.000] Companies do it notor iously ,
[00:16:30.000 --> 00:16:32.000] because who is supposed to stop them ?
[00:16:32.000 --> 00:16:34.000] Polit icians , but politicians are funded by these companies .
[00:16:34.000 --> 00:16:36.000] So why should they stop it ?
[00:16:36.000 --> 00:16:38.000] It is not a problem that
[00:16:38.000 --> 00:16:40.000] intelligence , prof iling , algorithms ,
[00:16:40.000 --> 00:16:42.000] it has nothing to do with it .
[00:16:42.000 --> 00:16:44.000] It is just the result of
[00:16:44.000 --> 00:16:46.000] a certain deviation ,
[00:16:46.000 --> 00:16:48.000] a deeper problem ,
[00:16:48.000 --> 00:16:50.000] which is that we agree
[00:16:50.000 --> 00:16:52.000] that stupid ,
[00:16:52.000 --> 00:16:54.000] dishon est people
[00:16:54.000 --> 00:16:56.000] rule us .
[00:16:56.000 --> 00:16:58.000] This is the real problem .
[00:16:58.000 --> 00:17:00.000] Mr . Mar ius z , some people ,
[00:17:00.000 --> 00:17:02.000] probably this is an extreme opinion ,
[00:17:02.000 --> 00:17:04.000] but I am not sure that it is true .
[00:17:04.000 --> 00:17:06.000] I am not sure that it is true .
[00:17:06.000 --> 00:17:08.000] I am not sure that it is true .
[00:17:08.000 --> 00:17:10.000] I am not sure that it is true .
[00:17:10.000 --> 00:17:12.000] I am not sure that it is true .
[00:17:12.000 --> 00:17:14.000] I am not sure that it is true .
[00:17:14.000 --> 00:17:16.000] I am not sure that it is true .
[00:17:16.000 --> 00:17:18.000] I am not sure that it is true .
[00:17:18.000 --> 00:17:20.000] I am not sure that it is true .
[00:17:20.000 --> 00:17:22.000] I am not sure that it is true .
[00:17:22.000 --> 00:17:24.000] I am not sure that it is true .
[00:17:24.000 --> 00:17:26.000] I am not sure that it is true .
[00:17:26.000 --> 00:17:28.000] I am not sure that it is true .
[00:17:28.000 --> 00:17:30.000] I am not sure that it is true .
[00:17:30.000 --> 00:17:32.000] This real world was ugly ,
[00:17:32.000 --> 00:17:34.000] destroyed , poor ,
[00:17:34.000 --> 00:17:36.000] difficult to live in ,
[00:17:36.000 --> 00:17:38.000] and this Matrix was beautiful ,
[00:17:38.000 --> 00:17:40.000] colorful , interesting ,
[00:17:40.000 --> 00:17:42.000] and you had everything to choose from .
[00:17:42.000 --> 00:17:44.000] You had thousands of dishes ,
[00:17:44.000 --> 00:17:46.000] and in the real world you had only one protein mix ,
[00:17:46.000 --> 00:17:48.000] such a Bre a , a pop py .
[00:17:48.000 --> 00:17:50.000] Choose where you want to live ,
[00:17:50.000 --> 00:17:52.000] where you want to live .
[00:17:52.000 --> 00:17:54.000] In a boring , dirty ,
[00:17:54.000 --> 00:17:56.000] heavy world ,
[00:17:56.000 --> 00:17:58.000] or in a beautiful , colorful ,
[00:17:58.000 --> 00:18:00.000] and you had thousands of dishes , restaurants ,
[00:18:00.000 --> 00:18:02.000] and so on .
[00:18:02.000 --> 00:18:04.000] Do you think that this will end with a Matrix ,
[00:18:04.000 --> 00:18:06.000] that we will lie in reality ,
[00:18:06.000 --> 00:18:08.000] or be drowned in some liquid ,
[00:18:08.000 --> 00:18:10.000] subjected to sensory depri vation ,
[00:18:10.000 --> 00:18:12.000] and everything will be controlled by artificial intelligence ,
[00:18:12.000 --> 00:18:14.000] and only some images will be served to our brains ,
[00:18:14.000 --> 00:18:16.000] and some basic nutritional factors
[00:18:16.000 --> 00:18:18.000] to our bodies ?
[00:18:18.000 --> 00:18:20.000] But nobody even hides it , sir .
[00:18:20.000 --> 00:18:22.000] They tell us clearly
[00:18:22.000 --> 00:18:24.000] that it is supposed to be like that .
[00:18:24.000 --> 00:18:26.000] All this virtual reality ,
[00:18:26.000 --> 00:18:28.000] someone puts a bucket on your head ,
[00:18:28.000 --> 00:18:30.000] you can control it as you like .
[00:18:30.000 --> 00:18:32.000] Not only that ,
[00:18:32.000 --> 00:18:34.000] recently Elon Musk
[00:18:34.000 --> 00:18:36.000] officially got a pass
[00:18:36.000 --> 00:18:38.000] for tests on people , Ne ural ink .
[00:18:38.000 --> 00:18:40.000] So they put a cable to your head ,
[00:18:40.000 --> 00:18:42.000] a chip to your head ,
[00:18:42.000 --> 00:18:44.000] and it 's already happening , ladies and gentlemen .
[00:18:44.000 --> 00:18:46.000] We are talking about reality , about realities .
[00:18:46.000 --> 00:18:48.000] Trans human ism is a completely serious trend ,
[00:18:48.000 --> 00:18:50.000] launched ,
[00:18:50.000 --> 00:18:52.000] and behind it are tens of billions of dollars ,
[00:18:52.000 --> 00:18:54.000] which promote such solutions ,
[00:18:54.000 --> 00:18:56.000] which finance such research .
[00:18:56.000 --> 00:18:58.000] A person is supposed to be ,
[00:18:58.000 --> 00:19:00.000] according to this ideology of trans human ism ,
[00:19:00.000 --> 00:19:02.000] transformed , where it is half - man , half - machine .
[00:19:02.000 --> 00:19:04.000] This is reality .
[00:19:04.000 --> 00:19:06.000] These are normal projects ,
[00:19:06.000 --> 00:19:08.000] which are being carried out ,
[00:19:08.000 --> 00:19:10.000] now there are research es , companies get
[00:19:10.000 --> 00:19:12.000] new permits for such activities ,
[00:19:12.000 --> 00:19:14.000] and nobody hides that this is supposed to be ,
[00:19:14.000 --> 00:19:16.000] in quotation marks , the future of humanity .
[00:19:16.000 --> 00:19:18.000] You have out run my question ,
[00:19:18.000 --> 00:19:20.000] because I wanted to ask when it will happen ,
[00:19:20.000 --> 00:19:22.000] but we already have it .
[00:19:22.000 --> 00:19:24.000] The next conversation is with Mar ius z Stef ani ak ,
[00:19:24.000 --> 00:19:26.000] economist , financi er , president of the Fund acja Wi? cej M ?d ro ?ci .
[00:19:26.000 --> 00:19:28.000] The program was led by Kr z ysz to f Stra uch man .
[00:19:28.000 --> 00:19:30.000] Of course , as always ,
[00:19:30.000 --> 00:19:32.000] we invite you to our website
[00:19:32.000 --> 00:19:34.000] aud y cje . k rom . pl
[00:19:34.000 --> 00:19:36.000] and at the end
[00:19:36.000 --> 00:19:38.000] I want to assure you that the audition
[00:19:38.000 --> 00:19:40.000] was prepared by three people ,
[00:19:40.000 --> 00:19:42.000] without any participation of artificial intelligence .
[00:19:42.000 --> 00:19:44.000] See you later .
[00:19:44.000 --> 00:19:50.000] In other radio stations , in G ? uch o ? az y and the area
[00:19:50.000 --> 00:19:52.000] 105 i 2 .
[00:19:52.000 --> 00:19:54.000] P ARR OT TV
[00:19:54.000 --> 00:19:56.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:09.500] What 's up , Mr . Mar ius z ?
[00:00:09.500 --> 00:00:11.000] What did you hear there again ?
[00:00:11.000 --> 00:00:13.000] What 's up , Mr . Mar ius z ?
[00:00:13.000 --> 00:00:16.000] Mar ius z S te f ani ak , economist , financi er ,
[00:00:16.000 --> 00:00:18.500] guest of another radio , guest of our program .
[00:00:18.500 --> 00:00:20.500] Today we are talking about the assets of politicians
[00:00:20.500 --> 00:00:24.500] and generally about how to protect the state and society from corruption .
[00:00:24.500 --> 00:00:28.000] I went to the Business Ins ider portal
[00:00:28.000 --> 00:00:33.500] and I saw on the Internet the statement of the wealthy MP Gr z eg or z Braun .
[00:00:33.500 --> 00:00:36.000] I don 't think I need to introduce this figure to anyone ,
[00:00:36.000 --> 00:00:37.500] he has recently become very loud ,
[00:00:37.500 --> 00:00:40.500] but on the other hand , I immediately reass ure the listeners ,
[00:00:40.500 --> 00:00:45.500] we will not analyze the effects of his activities
[00:00:45.500 --> 00:00:48.500] on the political activity of MP Braun or the usual ones .
[00:00:48.500 --> 00:00:51.500] I would like to remind you that MP Braun has recently become famous
[00:00:51.500 --> 00:00:55.500] with the exting u ishing of the Han uk kah candles in the Se jm .
[00:00:55.500 --> 00:00:59.500] On the example of MP Braun , we will talk today about the earnings ,
[00:00:59.500 --> 00:01:04.500] the assets of politicians and how they come to these assets .
[00:01:04.500 --> 00:01:09.500] Mr . Mar ius z , many times on this radio you accused politicians of taking b rib es .
[00:01:09.500 --> 00:01:13.500] As a result of this statement , which is on the Se jm 's website ,
[00:01:13.500 --> 00:01:16.500] MP Braun probably did not accept anything ,
[00:01:16.500 --> 00:01:19.500] because according to the statement , he does not even have an apartment .
[00:01:19.500 --> 00:01:26.500] And his savings are , attention , 7 85 z lot ys in cash and 38 3 dollars .
[00:01:26.500 --> 00:01:30.500] Well , it will be difficult to spend the upcoming holidays for such savings .
[00:01:30.500 --> 00:01:33.500] Let me remind you , MP Braun is 56 years old ,
[00:01:33.500 --> 00:01:36.500] so actually , well , he has a whole life 's work behind him
[00:01:36.500 --> 00:01:38.500] and he has accumulated such a miserable fortune .
[00:01:38.500 --> 00:01:41.500] Can this be credible , Mr . Mar ius z ? Let 's start with this .
[00:01:41.500 --> 00:01:42.500] Maybe at first strictly .
[00:01:42.500 --> 00:01:44.500] I did not accuse anyone of being a thief ,
[00:01:44.500 --> 00:01:46.500] I was just talking about the facts .
[00:01:46.500 --> 00:01:48.500] When politicians or officials are thieves ,
[00:01:48.500 --> 00:01:52.500] I am referring to the public data on prosecution or prosecution ,
[00:01:52.500 --> 00:01:57.500] where it is obvious the connection of people or positions with criminal enrichment .
[00:01:57.500 --> 00:01:59.500] Answer ing your question ,
[00:01:59.500 --> 00:02:03.500] if the data were accurate , as you quoted ,
[00:02:03.500 --> 00:02:07.500] it would be , in my opinion , the most credible politician in Poland .
[00:02:07.500 --> 00:02:11.500] I will add that , in my opinion , this is how the tax confession should look like
[00:02:11.500 --> 00:02:14.500] for most politicians , MP s , officials .
[00:02:14.500 --> 00:02:18.500] Because according to official data ,
[00:02:18.500 --> 00:02:21.500] not much is left to build the right fortune .
[00:02:21.500 --> 00:02:24.500] The same should be with doctors and a few other professions .
[00:02:24.500 --> 00:02:27.500] I remember today that a colleague from the S iles ian P ol ite chn ic
[00:02:27.500 --> 00:02:30.500] came to them from a team of scientists from the USA .
[00:02:30.500 --> 00:02:32.500] They were to study the standard of living in Poland ,
[00:02:32.500 --> 00:02:36.500] using the latest computer analytical models they had built .
[00:02:36.500 --> 00:02:39.500] Unfortunately , the entire research effort turned out to be pointless ,
[00:02:39.500 --> 00:02:42.500] because it turned out that according to their analysis ,
[00:02:42.500 --> 00:02:45.500] the workers spend on average more than they earn .
[00:02:45.500 --> 00:02:48.500] And it is impossible to analyze this using computers .
[00:02:48.500 --> 00:02:52.500] Mr . Mar ius z , we are returning to this statement by the wealthy Gr z eg or z Braun .
[00:02:52.500 --> 00:02:56.500] The latest statement shows that he earned from the Se jm 's office ,
[00:02:56.500 --> 00:02:58.500] as an MP , 67 thousand z lot ys .
[00:02:58.500 --> 00:03:02.500] After dividing it into 12 months , this is indeed not an impressive amount .
[00:03:02.500 --> 00:03:07.500] But the Se jm 's president was denied a payment of 270 thousand z lot ys
[00:03:07.500 --> 00:03:11.500] as a punishment for various of his earlier statements , for his behavior .
[00:03:11.500 --> 00:03:14.500] Additionally , he earned 74 thousand z lot ys from copyright s ,
[00:03:14.500 --> 00:03:17.500] he is a director , a creator of culture .
[00:03:17.500 --> 00:03:19.500] Living in Warsaw is not cheap .
[00:03:19.500 --> 00:03:22.500] Go to a restaurant , which unfortunately , the MP must do .
[00:03:22.500 --> 00:03:25.500] It certainly costs a lot more than sitting in a small town .
[00:03:25.500 --> 00:03:28.500] Maybe Braun really doesn 't have any money ?
[00:03:28.500 --> 00:03:30.500] Maybe he doesn 't . I don 't know .
[00:03:30.500 --> 00:03:32.500] Putin is also poor , according to tax records .
[00:03:32.500 --> 00:03:34.500] Maybe he doesn 't have a lot of wealth ,
[00:03:34.500 --> 00:03:37.500] an official or politician who acts honestly and has a lot of money ,
[00:03:37.500 --> 00:03:41.500] or a well - known public artist 's income or business ,
[00:03:41.500 --> 00:03:45.500] created before he joined politics or took up an important office .
[00:03:45.500 --> 00:03:48.500] As far as I read and hear about this MP ,
[00:03:48.500 --> 00:03:51.500] his tax statement makes logical sense .
[00:03:51.500 --> 00:03:55.500] It looks shocking in a list that crush es most of the others .
[00:03:55.500 --> 00:04:01.500] Let 's compare the statement of MP Braun with the statement of another MP ,
[00:04:01.500 --> 00:04:06.500] from the O pole region , an artist , who also earns from copyright s .
[00:04:06.500 --> 00:04:08.500] It 's about Pa we ? K uk iz .
[00:04:08.500 --> 00:04:11.500] According to the statement , he has a house worth 1 . 5 million z? ,
[00:04:11.500 --> 00:04:14.500] a flat worth 350 thousand z? ,
[00:04:14.500 --> 00:04:17.500] savings in cash worth 50 thousand z? ,
[00:04:17.500 --> 00:04:20.500] and he drives an Audi 14 - year - old .
[00:04:20.500 --> 00:04:23.500] For T ant ie m from songs , he earned 87 thousand z? last year ,
[00:04:23.500 --> 00:04:26.500] and as an MP - around 200 thousand z? .
[00:04:26.500 --> 00:04:30.500] Is the wealth he has accumulated adequate for this level of income ?
[00:04:30.500 --> 00:04:32.500] In my opinion , definitely .
[00:04:32.500 --> 00:04:34.500] Of course , I don 't know if it 's all his wealth ,
[00:04:34.500 --> 00:04:37.500] or if it 's quite poor for such a famous artist .
[00:04:37.500 --> 00:04:40.500] I can only believe that he has only 100 years left .
[00:04:40.500 --> 00:04:42.500] So , we believe in MP K uk iz .
[00:04:42.500 --> 00:04:44.500] But there are also other examples .
[00:04:44.500 --> 00:04:48.500] Polit icians who had to be very economical or very res erv ed ,
[00:04:48.500 --> 00:04:50.500] because they accumulated a lot of wealth ,
[00:04:50.500 --> 00:04:53.500] and worked their whole lives in the government , for example .
[00:04:53.500 --> 00:04:56.500] The crazy president of G da ?sk , Pa we ? Adam ow icz ,
[00:04:56.500 --> 00:04:58.500] murdered in 2019 .
[00:04:58.500 --> 00:05:01.500] He was an example of one of the richest self - go ver ning bodies in Poland .
[00:05:01.500 --> 00:05:05.500] In 2018 , when he won the presidential election again ,
[00:05:05.500 --> 00:05:09.500] the media estimated his wealth to be around 3 . 5 million z? ,
[00:05:09.500 --> 00:05:13.500] and this is also based on these public wealth statements .
[00:05:13.500 --> 00:05:17.500] Pa we ? Adam ow icz was the president of G da ?sk for 6 terms .
[00:05:17.500 --> 00:05:21.500] So , he actually earned only in the government , only from the office .
[00:05:21.500 --> 00:05:23.500] Could he earn ?
[00:05:23.500 --> 00:05:27.500] Well , maybe he invested , maybe he was lucky enough to get v alu ation papers .
[00:05:27.500 --> 00:05:29.500] Is it possible to earn that much ?
[00:05:29.500 --> 00:05:32.500] Everything is possible to earn , but let 's add a few facts .
[00:05:32.500 --> 00:05:35.500] Firstly , there were serious proceedings under the C BA 's eyes ,
[00:05:35.500 --> 00:05:38.500] in order to receive huge b rib es from him ,
[00:05:38.500 --> 00:05:40.500] and even arrested a few people in this case .
[00:05:40.500 --> 00:05:43.500] They were supposed to give him money from , for example ,
[00:05:43.500 --> 00:05:46.500] the largest development companies in that area .
[00:05:46.500 --> 00:05:50.500] And the amounts mentioned at the time were around half a million .
[00:05:50.500 --> 00:05:53.500] If you 're talking about 6 terms ,
[00:05:53.500 --> 00:05:56.500] a lot of money could be accumulated .
[00:05:56.500 --> 00:06:00.500] You should also remember that the subject of real estate is often mentioned in our aud itions .
[00:06:00.500 --> 00:06:05.500] It 's one of the most profitable and still legal businesses in the world .
[00:06:05.500 --> 00:06:10.500] I said that on this occasion officials from all over the world are being cor ru pted .
[00:06:10.500 --> 00:06:14.500] I 'll give you a well - known example - former US President Donald Trump .
[00:06:14.500 --> 00:06:19.500] The amount of , to put it mild ly , unclear ness in this part of his business is impressive .
[00:06:19.500 --> 00:06:24.500] Because there were even mafia th rea ds , or illegal employees on his buildings .
[00:06:24.500 --> 00:06:27.500] As you can see , it would be definitely strange
[00:06:27.500 --> 00:06:30.500] if there were no thieves in this business in Poland .
[00:06:30.500 --> 00:06:33.500] Which doesn 't mean I know for sure that Adam ow icz was a thief ,
[00:06:33.500 --> 00:06:35.500] because he was never convicted of it .
[00:06:35.500 --> 00:06:37.500] I 'm not to blame for his crime ,
[00:06:37.500 --> 00:06:39.500] but the facts are that if not for death ,
[00:06:39.500 --> 00:06:41.500] he would be a part of a court proceeding .
[00:06:41.500 --> 00:06:46.500] Another fact is that he never knew how to explain the origin of his property .
[00:06:46.500 --> 00:06:49.500] He refused to give explanations .
[00:06:49.500 --> 00:06:53.500] He admitted that he had more money than he showed at the time .
[00:06:53.500 --> 00:06:56.500] And we 're talking about significant amounts here .
[00:06:56.500 --> 00:07:00.500] And we 're not talking about some mistake , that he forgot or overlooked something .
[00:07:00.500 --> 00:07:03.500] Because reading the bullet in of public information of G da ?sk city ,
[00:07:03.500 --> 00:07:06.500] in March Pa we ? Adam ow icz handed over to the P omer an ian vo iv ode
[00:07:06.500 --> 00:07:09.500] five more property corrections .
[00:07:09.500 --> 00:07:13.500] For complet eness of the picture , let 's add that his closest co - worker ,
[00:07:13.500 --> 00:07:15.500] and then the next one ,
[00:07:15.500 --> 00:07:20.500] Ale ks ander Ab du l k iew icz , also has interesting activities in the matter of managing money in the city 's budget .
[00:07:20.500 --> 00:07:23.500] In G da ?sk , Ale ks andra Ab du l k iew icz was in second place
[00:07:23.500 --> 00:07:26.500] of the so - called " list of dep os its " according to " F akt " newspaper .
[00:07:26.500 --> 00:07:29.500] Because she gave the P omer an ian vo iv ode , as it was called ,
[00:07:29.500 --> 00:07:32.500] 64 1 thousand z lot ys .
[00:07:32.500 --> 00:07:35.500] The camera of ? ap ów k owa was never cleared ,
[00:07:35.500 --> 00:07:37.500] because of Adam ow icz 's death .
[00:07:37.500 --> 00:07:41.500] And in total , as far as I know , no official was convicted .
[00:07:41.500 --> 00:07:43.500] And if the C BA 's decisions were reasonable ,
[00:07:43.500 --> 00:07:47.500] it could mean that even a whole network of people involved could have gone there .
[00:07:47.500 --> 00:07:50.500] Mrs . Mar ius z , I invite you to the break .
[00:07:51.500 --> 00:07:55.500] Music
[00:07:55.500 --> 00:08:21.500] The end
[00:08:21.500 --> 00:08:23.500] What 's going on , Mrs . Mar ius z ?
[00:08:23.500 --> 00:08:26.500] Mar ius z Stef ani ak , economic and financial expert ,
[00:08:26.500 --> 00:08:28.500] president of the " W i ? cej M ?d ro ?ci " foundation ,
[00:08:28.500 --> 00:08:31.500] our weekly guest on the radio " In nego Rad ia "
[00:08:31.500 --> 00:08:32.500] and not only .
[00:08:32.500 --> 00:08:38.500] I would like to remind you that our programs are available on the website aud y cje . com . pl
[00:08:38.500 --> 00:08:42.500] Mrs . Mar ius z , as a state , as a society , we are trying to protect ourselves
[00:08:42.500 --> 00:08:46.500] from corruption , which is very dangerous for the state .
[00:08:46.500 --> 00:08:50.500] For example , years ago , we introduced mandatory property certificates
[00:08:50.500 --> 00:08:53.500] for politicians , judges , coun cill ors ,
[00:08:53.500 --> 00:08:56.500] on the basis of the fact that it would make it impossible ,
[00:08:56.500 --> 00:08:59.500] or at least make it difficult , to take in illegal benefits ,
[00:08:59.500 --> 00:09:01.500] so that these assets would be transparent .
[00:09:01.500 --> 00:09:04.500] There are also register s of benefits that are taken ,
[00:09:04.500 --> 00:09:06.500] for example , gifts .
[00:09:06.500 --> 00:09:09.500] These certificates , from what I observe ,
[00:09:09.500 --> 00:09:12.500] ar ouse a lot of emotions when they are shown once a year on the Internet .
[00:09:12.500 --> 00:09:15.500] It is known that they are also studied by the Treasury ,
[00:09:15.500 --> 00:09:18.500] the Central Anti - Cor ruption Bureau .
[00:09:18.500 --> 00:09:21.500] It is known that such income is hidden in the certificates .
[00:09:21.500 --> 00:09:24.500] Once known minister S ? aw om ir Now ak lost his job
[00:09:24.500 --> 00:09:27.500] because he did not enter his watch into such a certificate .
[00:09:27.500 --> 00:09:30.500] Is such a mechanism effective ?
[00:09:30.500 --> 00:09:35.500] In my opinion , it does not give much or does not give anything at all .
[00:09:35.500 --> 00:09:39.500] As for Now ak , from what I remember , he lost his job the second time
[00:09:39.500 --> 00:09:44.500] when the prosecutor 's office issued a charge in the case of this famous , or not so famous , watch .
[00:09:44.500 --> 00:09:49.500] It was only about expensive gifts from business men
[00:09:49.500 --> 00:09:52.500] earning on government contracts ,
[00:09:52.500 --> 00:09:54.500] which , in my opinion , completely changes the whole situation .
[00:09:54.500 --> 00:09:57.500] Let 's call it Adam ow icz 's case .
[00:09:57.500 --> 00:10:01.500] Ultimately , the court sentenced Now ak to 20 , 000 z lot ys in b rib es
[00:10:01.500 --> 00:10:04.500] for making false property certificates .
[00:10:04.500 --> 00:10:07.500] It is not an effective intimid ation .
[00:10:07.500 --> 00:10:10.500] Well , I personally do not like the whole climate of current politics ,
[00:10:10.500 --> 00:10:16.500] which sees nothing wrong in accepting gifts or even almost public b rib es .
[00:10:16.500 --> 00:10:20.500] The whole environment seems not to condemn this at all .
[00:10:20.500 --> 00:10:24.500] For example , in that case , Donald Tus k publicly stated after all this ,
[00:10:24.500 --> 00:10:29.500] that he " high ly app ra ises " the words of Mir Now ak and his morals .
[00:10:29.500 --> 00:10:36.500] It is difficult not to agree that we very often encounter the attitude of some ridic ule towards such accusations .
[00:10:36.500 --> 00:10:40.500] Once on the Internet , such statements of the wealthy MP s were quite commonly made .
[00:10:40.500 --> 00:10:48.500] It was even said that someone would be happy to buy the MP 's property for the amount that was declared .
[00:10:48.500 --> 00:10:52.500] Well , quite commonly , the value of houses , apartments was generally lowered
[00:10:52.500 --> 00:10:57.500] to lower the value of his property in a situation when the market value was probably many times higher .
[00:10:57.500 --> 00:11:03.500] Maybe , for example , someone should be " ex plo ited " by paying him the amount he gave as compensation
[00:11:03.500 --> 00:11:06.500] and simply take over his house or other property .
[00:11:06.500 --> 00:11:09.500] Mr . Pr zy k ? ad probably gives away what we are wit nes ses to .
[00:11:09.500 --> 00:11:15.500] The mystery of the Pol i S zy nel is that you can avoid a mandate or get a treatment in the hospital faster ,
[00:11:15.500 --> 00:11:18.500] not necessarily waiting in line or begging nicely .
[00:11:18.500 --> 00:11:23.500] I 'm just starting to be a little afraid of you when I hear such ideas about exploitation .
[00:11:23.500 --> 00:11:26.500] It will certainly not change anything for the better .
[00:11:26.500 --> 00:11:30.500] Communist China has the perfect policy you are talking about .
[00:11:30.500 --> 00:11:35.500] The Chinese government has introduced especially harsh regulations on corruption revenues
[00:11:35.500 --> 00:11:40.500] covering the highest rank of politicians and all branches of the administration .
[00:11:40.500 --> 00:11:44.500] Sus pected people are being pursued by special organ izations .
[00:11:44.500 --> 00:11:47.500] Second , it 's an anti - cor ruption campaign .
[00:11:47.500 --> 00:11:50.500] Cor ruption is being removed at various levels of power .
[00:11:50.500 --> 00:11:54.500] Sus pected officials are being investigated , accused , convicted .
[00:11:54.500 --> 00:11:57.500] Third , it 's increased supervision and prevention of corruption .
[00:11:57.500 --> 00:12:00.500] They even have a system of preventing corruption , sir .
[00:12:00.500 --> 00:12:03.500] And , for example , these are property declar ations .
[00:12:03.500 --> 00:12:09.500] I will surprise you . Aud its , educational activities , promoting ethics and morality .
[00:12:09.500 --> 00:12:11.500] Next , international cooperation .
[00:12:11.500 --> 00:12:14.500] International - scale activities , sir .
[00:12:14.500 --> 00:12:18.500] They are sending information about suspicion of corruption ,
[00:12:18.500 --> 00:12:20.500] taking funds , securing private assets .
[00:12:20.500 --> 00:12:25.500] So not only will you be able to take over his apartment and so on ,
[00:12:25.500 --> 00:12:29.500] but you will also be able to find out where he is hiding his accounts .
[00:12:29.500 --> 00:12:32.500] It all started in 2012 .
[00:12:32.500 --> 00:12:35.500] In 2018 , the constitution was changed , sir ,
[00:12:35.500 --> 00:12:38.500] strengthening the regulations on fighting corruption .
[00:12:38.500 --> 00:12:40.500] Do you know what the effects are ?
[00:12:40.500 --> 00:12:44.500] After more than 20 years , the great leader Xi Jinping can kill any person
[00:12:44.500 --> 00:12:48.500] with a slap on the face , because he did it many times .
[00:12:48.500 --> 00:12:52.500] But mass corruption has never been as terrible as it is now .
[00:12:52.500 --> 00:12:55.500] It 's not the right direction of action ,
[00:12:55.500 --> 00:13:00.500] because it simply gives only media support and new tools of terror ,
[00:13:00.500 --> 00:13:02.500] and it actually deep ens corruption .
[00:13:02.500 --> 00:13:05.500] Because anyone can be destroyed in a matter of seconds
[00:13:05.500 --> 00:13:08.500] just because he accus es them of corruption .
[00:13:08.500 --> 00:13:10.500] And it 's that simple .
[00:13:10.500 --> 00:13:13.500] You were talking about President Adam ow icz , who corrected the declar ations ,
[00:13:13.500 --> 00:13:15.500] and even many times .
[00:13:15.500 --> 00:13:17.500] In fact , we gave ourselves the opportunity .
[00:13:17.500 --> 00:13:21.500] The moment some action appears , someone starts to explain something ,
[00:13:21.500 --> 00:13:26.500] it is enough to submit a declaration correcting our previous financial statements ,
[00:13:26.500 --> 00:13:30.500] we will add something , we will explain that it is an ordinary om ission .
[00:13:30.500 --> 00:13:32.500] There are more such mechanisms .
[00:13:32.500 --> 00:13:35.500] There are people who cannot in the parliament
[00:13:35.500 --> 00:13:38.500] to calculate the money spent on deleg ations ,
[00:13:38.500 --> 00:13:41.500] on foreign trips , on maintaining the embassy office .
[00:13:41.500 --> 00:13:43.500] Can you explain it with a mess ?
[00:13:43.500 --> 00:13:45.500] These are serious money .
[00:13:45.500 --> 00:13:47.500] Of course you can , and that 's exactly what is done .
[00:13:47.500 --> 00:13:50.500] Well , maybe it changes the question of criminal responsibility for it .
[00:13:50.500 --> 00:13:52.500] We explain that it is an ordinary mistake .
[00:13:52.500 --> 00:13:55.500] I know a case of a coun cill or from a small municipality ,
[00:13:55.500 --> 00:13:59.500] who did not enter into his property certificate the loan he had drawn .
[00:13:59.500 --> 00:14:01.500] The case ended in court .
[00:14:01.500 --> 00:14:03.500] The court decided that this is important information ,
[00:14:03.500 --> 00:14:05.500] it should be in the declaration ,
[00:14:05.500 --> 00:14:07.500] and basically deprived him of his council or 's mandate .
[00:14:07.500 --> 00:14:09.500] Somehow the system worked there .
[00:14:09.500 --> 00:14:11.500] Should it be so harsh , really ?
[00:14:11.500 --> 00:14:13.500] Sure , and it works perfectly .
[00:14:13.500 --> 00:14:16.500] But when it comes to small and un important .
[00:14:16.500 --> 00:14:18.500] Here 's how it is with mandates .
[00:14:18.500 --> 00:14:20.500] You get a mandate , you know the person ,
[00:14:20.500 --> 00:14:22.500] you kill someone driving drunk ,
[00:14:22.500 --> 00:14:24.500] in a car without technical exam inations ,
[00:14:24.500 --> 00:14:26.500] and you get out completely free .
[00:14:26.500 --> 00:14:29.500] But do you know any effective methods
[00:14:29.500 --> 00:14:32.500] of fighting corruption , of preventing it ?
[00:14:32.500 --> 00:14:34.500] Of course I know .
[00:14:34.500 --> 00:14:36.500] And there are at least a few of them .
[00:14:36.500 --> 00:14:39.500] Well , at least one , absolutely one hundred percent .
[00:14:39.500 --> 00:14:42.500] That is , liquid ating the cast of politicians .
[00:14:42.500 --> 00:14:45.500] I know that we need officials , that we need governments ,
[00:14:45.500 --> 00:14:48.500] but I really can 't understand what politicians are for .
[00:14:48.500 --> 00:14:50.500] They create the law in which we function .
[00:14:50.500 --> 00:14:52.500] That 's what lawyers are for .
[00:14:52.500 --> 00:14:54.500] Mr . Mar ius z , thank you for the second episode .
[00:14:54.500 --> 00:14:56.500] I invite you to take a break .
[00:14:57.500 --> 00:14:59.500] The end
[00:14:59.500 --> 00:15:01.500] The end
[00:15:27.500 --> 00:15:29.500] What 's up , Mr . Mar ius z ?
[00:15:29.500 --> 00:15:31.500] Mar ius z Stef ani ak , economist , financi er ,
[00:15:31.500 --> 00:15:34.500] guest of another radio , guest of our program .
[00:15:34.500 --> 00:15:36.500] Today we are talking about the assets of politicians
[00:15:36.500 --> 00:15:39.500] and generally about how to protect the state and society
[00:15:39.500 --> 00:15:41.500] from corruption .
[00:15:41.500 --> 00:15:43.500] We have a special service for this .
[00:15:43.500 --> 00:15:46.500] It used to be a police job .
[00:15:46.500 --> 00:15:49.500] Is such a creation of special services
[00:15:49.500 --> 00:15:51.500] and actually doubling the competence
[00:15:51.500 --> 00:15:53.500] a good solution ?
[00:15:53.500 --> 00:15:55.500] Do the services take care of each other ?
[00:15:55.500 --> 00:15:59.500] Does it cause better results in their work , or is it the other way around ?
[00:15:59.500 --> 00:16:01.500] Of course it makes sense .
[00:16:01.500 --> 00:16:04.500] That 's why we hear about any arrests or scand als at all , in my opinion .
[00:16:04.500 --> 00:16:06.500] However , this is far from effective
[00:16:06.500 --> 00:16:08.500] on the scale of the entire state .
[00:16:08.500 --> 00:16:10.500] And no police , as far as I know ,
[00:16:10.500 --> 00:16:12.500] has ever changed the level of crime .
[00:16:12.500 --> 00:16:14.500] Now here .
[00:16:14.500 --> 00:16:16.500] Pol es probably know this perfectly well .
[00:16:16.500 --> 00:16:18.500] In the P BS - D GA poll ,
[00:16:18.500 --> 00:16:20.500] about 80 % of Pol es believe
[00:16:20.500 --> 00:16:22.500] that getting rich in Poland
[00:16:22.500 --> 00:16:25.500] simply means the ft and b rib ery .
[00:16:25.500 --> 00:16:27.500] And only a fifth believe
[00:16:27.500 --> 00:16:29.500] that success in the P BS
[00:16:29.500 --> 00:16:31.500] is a merit of honesty and hard work .
[00:16:31.500 --> 00:16:34.500] Of course , as it is , no one knows the truth
[00:16:34.500 --> 00:16:36.500] and we probably won 't know it .
[00:16:36.500 --> 00:16:38.500] But it 's probably hard to pretend
[00:16:38.500 --> 00:16:40.500] that in Poland you become famous and rich
[00:16:40.500 --> 00:16:43.500] because of talent , effort and honesty .
[00:16:43.500 --> 00:16:45.500] On the other hand , let 's see .
[00:16:45.500 --> 00:16:47.500] The equipment of a professional MP ,
[00:16:47.500 --> 00:16:49.500] i . e . one who does not work professionally ,
[00:16:49.500 --> 00:16:51.500] but devot es himself to work in the Se jm ,
[00:16:51.500 --> 00:16:53.500] is , according to the information
[00:16:53.500 --> 00:16:55.500] of the Se jm 's office ,
[00:16:55.500 --> 00:16:57.500] 9 , 89 2 z lot ys .
[00:16:57.500 --> 00:16:59.500] Tax ed .
[00:16:59.500 --> 00:17:01.500] And the diet ,
[00:17:01.500 --> 00:17:03.500] 24 73 z lot ys , is not tax ed .
[00:17:03.500 --> 00:17:05.500] As I counted ,
[00:17:05.500 --> 00:17:07.500] it 's about 9 , 500 z lot ys per month .
[00:17:07.500 --> 00:17:09.500] And let 's be honest ,
[00:17:09.500 --> 00:17:11.500] these are not cocon uts .
[00:17:11.500 --> 00:17:13.500] I know the commun es where the uncle earns more .
[00:17:13.500 --> 00:17:15.500] Can we expect that MP s
[00:17:15.500 --> 00:17:17.500] will be really resistant
[00:17:17.500 --> 00:17:19.500] to the proposal of accepting b rib es for such money ?
[00:17:19.500 --> 00:17:21.500] Of course you can and even should , in my opinion .
[00:17:21.500 --> 00:17:23.500] Do you know what it 's called ?
[00:17:23.500 --> 00:17:25.500] Public service .
[00:17:25.500 --> 00:17:27.500] It 's not and can 't be business .
[00:17:27.500 --> 00:17:29.500] It 's just an activity for the common good ,
[00:17:29.500 --> 00:17:31.500] in the so - called public interest .
[00:17:31.500 --> 00:17:33.500] The idea of working in the office
[00:17:33.500 --> 00:17:35.500] or administration has been distorted .
[00:17:35.500 --> 00:17:37.500] And this is actually pure communism ,
[00:17:37.500 --> 00:17:39.500] hidden under the coat of arms of the high ideas ,
[00:17:39.500 --> 00:17:41.500] where the ruling ,
[00:17:41.500 --> 00:17:43.500] self - pro c laimed elite
[00:17:43.500 --> 00:17:45.500] ro bs the citizens .
[00:17:45.500 --> 00:17:47.500] You know , soldiers in the September campaign
[00:17:47.500 --> 00:17:49.500] didn 't fight in the government hall .
[00:17:49.500 --> 00:17:51.500] Or AK soldiers .
[00:17:51.500 --> 00:17:53.500] It was pure service .
[00:17:53.500 --> 00:17:55.500] It is now clear
[00:17:55.500 --> 00:17:57.500] that communism has won and rules us
[00:17:57.500 --> 00:17:59.500] to this day , in my opinion .
[00:17:59.500 --> 00:18:01.500] That 's why our economy is the bottom ,
[00:18:01.500 --> 00:18:03.500] the structures of the state are in dis arr ay ,
[00:18:03.500 --> 00:18:05.500] hence the next sc ams ,
[00:18:05.500 --> 00:18:07.500] regardless of who is in power .
[00:18:07.500 --> 00:18:09.500] So , to sum up what we said today ,
[00:18:09.500 --> 00:18:11.500] as long as we have politicians ,
[00:18:11.500 --> 00:18:13.500] we will have corruption and b rib ery , right ?
[00:18:13.500 --> 00:18:15.500] I think it 's related .
[00:18:15.500 --> 00:18:17.500] The more we have politicians ,
[00:18:17.500 --> 00:18:19.500] so - called lobby ists ,
[00:18:19.500 --> 00:18:21.500] people who don 't know what they 're doing ,
[00:18:21.500 --> 00:18:23.500] they are intermedi aries
[00:18:23.500 --> 00:18:25.500] who don 't contribute much ,
[00:18:25.500 --> 00:18:27.500] because they don 't know anything ,
[00:18:27.500 --> 00:18:29.500] who are intermedi aries from the seller
[00:18:29.500 --> 00:18:31.500] to the client .
[00:18:31.500 --> 00:18:33.500] What can you expect ?
[00:18:33.500 --> 00:18:35.500] Only this - increase in prices ,
[00:18:35.500 --> 00:18:37.500] increase in difficulties ,
[00:18:37.500 --> 00:18:39.500] elimination of intermedi aries
[00:18:39.500 --> 00:18:41.500] and then we have everything better .
[00:18:41.500 --> 00:18:43.500] Better prices , better service ,
[00:18:43.500 --> 00:18:45.500] the more fire in the chain ,
[00:18:45.500 --> 00:18:47.500] the greater the chance
[00:18:47.500 --> 00:18:49.500] that one of them will be cor rod ed .
[00:18:49.500 --> 00:18:51.500] There are more and more of these fires here .
[00:18:51.500 --> 00:18:53.500] These politicians who are ,
[00:18:53.500 --> 00:18:55.500] some of them are even pathetic characters ,
[00:18:55.500 --> 00:18:57.500] some people are even disgusting ,
[00:18:57.500 --> 00:18:59.500] where their
[00:18:59.500 --> 00:19:01.500] th ieving connections ,
[00:19:01.500 --> 00:19:03.500] criminal activities
[00:19:03.500 --> 00:19:05.500] are documented .
[00:19:05.500 --> 00:19:07.500] They are still in this environment ,
[00:19:07.500 --> 00:19:09.500] they still have an impact on our lives ,
[00:19:09.500 --> 00:19:11.500] they still live on our money ,
[00:19:11.500 --> 00:19:13.500] they don 't produce anything themselves ,
[00:19:13.500 --> 00:19:15.500] they don 't build any wealth ,
[00:19:15.500 --> 00:19:17.500] they don 't build any income ,
[00:19:17.500 --> 00:19:19.500] they only use it .
[00:19:19.500 --> 00:19:21.500] They are this intermedi ary ,
[00:19:21.500 --> 00:19:23.500] they are a parasite that sucks the blood of the state .
[00:19:23.500 --> 00:19:25.500] Remember , ladies and gentlemen ,
[00:19:25.500 --> 00:19:27.500] that money is the blood in the circulation of the state .
[00:19:27.500 --> 00:19:29.500] And suddenly it flows somewhere ,
[00:19:29.500 --> 00:19:31.500] to some Swiss accounts ,
[00:19:31.500 --> 00:19:33.500] to some real estate ,
[00:19:33.500 --> 00:19:35.500] which are actually then rented somewhere ,
[00:19:35.500 --> 00:19:37.500] they leave the normal circulation .
[00:19:37.500 --> 00:19:39.500] This all raises prices ,
[00:19:39.500 --> 00:19:41.500] it has several , several dozen ,
[00:19:41.500 --> 00:19:43.500] several tens of millions to push ,
[00:19:43.500 --> 00:19:45.500] especially if it 's not entirely legal ,
[00:19:45.500 --> 00:19:47.500] or even straight from some
[00:19:47.500 --> 00:19:49.500] catch - up , etc .
[00:19:49.500 --> 00:19:51.500] So the more they are forced to pay any price ,
[00:19:51.500 --> 00:19:53.500] because they have to allocate this money somewhere .
[00:19:53.500 --> 00:19:55.500] And that 's really their problem .
[00:19:55.500 --> 00:19:57.500] So it seems to me that
[00:19:57.500 --> 00:19:59.500] the more of these people we have ,
[00:19:59.500 --> 00:20:01.500] the worse it will be .
[00:20:01.500 --> 00:20:03.500] And I think you can see it .
[00:20:03.500 --> 00:20:05.500] Mr . Mar ius z , thank you very much for today 's conversation ,
[00:20:05.500 --> 00:20:07.500] today 's meeting .
[00:20:07.500 --> 00:20:09.500] I think they will have a topic
[00:20:09.500 --> 00:20:11.500] to talk about something more serious
[00:20:11.500 --> 00:20:13.500] at the festive table .
[00:20:13.500 --> 00:20:15.500] By the way , on behalf of our entire team ,
[00:20:15.500 --> 00:20:17.500] I wish you a peaceful ,
[00:20:17.500 --> 00:20:19.500] joyful , merry Christmas .
[00:20:19.500 --> 00:20:21.500] And once again ,
[00:20:21.500 --> 00:20:23.500] I invite you to listen to our aud itions
[00:20:23.500 --> 00:20:25.500] on the website www . aud y cje . com . pl .
[00:20:25.500 --> 00:20:27.500] The program was led by Kr z ysz to f Stra uch man ,
[00:20:27.500 --> 00:20:29.500] and our guest was , as every week ,
[00:20:29.500 --> 00:20:31.500] M ari usz S te fan iek .
[00:20:31.500 --> 00:20:33.500] See you !
[00:20:33.500 --> 00:20:35.500] Thank you for listening !
[00:20:37.500 --> 00:20:39.500] Other radio stations in G ? uch o ? az ie and the area
[00:20:39.500 --> 00:20:41.500] 105 i 2
[00:20:41.500 --> 00:20:43.500] 10 5 i 2
[00:20:43.500 --> 00:20:45.500] 10 5 i 2
[00:20:45.500 --> 00:20:47.500] 10 5 i 2
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:09.500] What 's the news , Mr . Mar ius z ?
[00:00:09.500 --> 00:00:11.000] What did you hear there again ?
[00:00:11.000 --> 00:00:13.000] What 's the news , Mr . Mar ius z ?
[00:00:13.000 --> 00:00:15.000] Mr . Mar ius z is Mar ius z Stef ani ak ,
[00:00:15.000 --> 00:00:16.500] financial and economic expert .
[00:00:16.500 --> 00:00:20.000] Today we 're talking about the forecast for 2024 ,
[00:00:20.000 --> 00:00:21.500] which is coming soon .
[00:00:21.500 --> 00:00:25.000] I heard the new finance minister 's speech in the Se jm .
[00:00:25.000 --> 00:00:27.000] And , to be honest , before New Year 's Eve
[00:00:27.000 --> 00:00:29.000] I was in a champagne mood .
[00:00:29.000 --> 00:00:30.500] The minister is happy ,
[00:00:30.500 --> 00:00:34.000] because the economy at the end of the year has great indicators .
[00:00:34.000 --> 00:00:36.000] At least that 's what he explained in the Se jm .
[00:00:36.000 --> 00:00:39.000] In fl ation has fallen from almost 20 % at the beginning of the year
[00:00:39.000 --> 00:00:41.000] to 7 % at the end .
[00:00:41.000 --> 00:00:44.000] The z l oty is very strong , we were all surprised .
[00:00:44.000 --> 00:00:46.500] The Warsaw Stock Index has gone up ,
[00:00:46.500 --> 00:00:50.000] which means that investors are buying Polish companies ' shares .
[00:00:50.000 --> 00:00:53.000] And are these reasons for satisfaction
[00:00:53.000 --> 00:00:58.000] for the statistical Pole at the end of 2023 ?
[00:00:58.000 --> 00:01:00.000] Do you think that suddenly , for no reason ,
[00:01:00.000 --> 00:01:01.000] it 's great in Poland ,
[00:01:01.000 --> 00:01:03.000] because someone announced that some indicators ,
[00:01:03.000 --> 00:01:07.000] which he usually calcul ates himself , are better ?
[00:01:07.000 --> 00:01:09.000] The falling inflation indicators
[00:01:09.000 --> 00:01:12.000] only mean that the level of currency dev alu ation
[00:01:12.000 --> 00:01:14.000] is less dynamic .
[00:01:14.000 --> 00:01:18.000] The so - called strong z l oty is often used in the media ,
[00:01:18.000 --> 00:01:21.500] but not necessarily positive .
[00:01:21.500 --> 00:01:26.000] I will mention a few basic possibilities
[00:01:26.000 --> 00:01:29.000] that affect the strengthening of a given currency .
[00:01:29.000 --> 00:01:31.000] One - economic growth .
[00:01:31.000 --> 00:01:33.000] Let 's face it , it 's not our business .
[00:01:33.000 --> 00:01:36.000] The payment de pe nd encies of Polish entrepreneurs
[00:01:36.000 --> 00:01:41.000] at the end of October reached almost 10 billion z l oty .
[00:01:41.000 --> 00:01:46.000] 69 % of debt ors are single - person economic activities ,
[00:01:46.000 --> 00:01:48.000] i . e . so - called ordinary Pol es .
[00:01:48.000 --> 00:01:50.000] It 's just harder for them .
[00:01:50.000 --> 00:01:53.000] The giants are usually doing quite well ,
[00:01:53.000 --> 00:01:55.000] and it 's they who are boosting the statistics positively .
[00:01:55.000 --> 00:01:59.000] A million poor people have less than one ty pical rich man .
[00:01:59.000 --> 00:02:02.000] So the average will be quite good .
[00:02:02.000 --> 00:02:05.000] The industry is not doing well either .
[00:02:05.000 --> 00:02:08.000] New orders are falling under the government .
[00:02:08.000 --> 00:02:10.000] In November - 17 . 3 %,
[00:02:10.000 --> 00:02:12.000] in October - 12 . 1 %
[00:02:12.000 --> 00:02:14.000] and all this according to the G US data .
[00:02:14.000 --> 00:02:16.000] P rices are rising , Pol es are getting poorer ,
[00:02:16.000 --> 00:02:17.000] companies are falling ,
[00:02:17.000 --> 00:02:19.000] we spend billions on Ukraine ,
[00:02:19.000 --> 00:02:21.000] let 's add the money we have to borrow ,
[00:02:21.000 --> 00:02:23.000] because we don 't have any .
[00:02:23.000 --> 00:02:25.000] Let 's move on to the next reason .
[00:02:25.000 --> 00:02:29.000] Higher interest rates in Poland can attract investors ,
[00:02:29.000 --> 00:02:32.000] because they are looking for higher rent s and investments .
[00:02:32.000 --> 00:02:36.000] This greater interest can lead to an increase in demand for gold ,
[00:02:36.000 --> 00:02:38.000] such a need ,
[00:02:38.000 --> 00:02:41.000] so it can be used to boost it .
[00:02:41.000 --> 00:02:43.000] The so - called reference N B P rate
[00:02:43.000 --> 00:02:50.000] was raised from an absurd level of 0 . 1 % to 6 . 75 %
[00:02:50.000 --> 00:02:53.000] and it was maintained for the next several months .
[00:02:53.000 --> 00:02:57.000] If we looked at the chart for the last 20 years ,
[00:02:57.000 --> 00:03:01.000] we would see rapid drops ,
[00:03:01.000 --> 00:03:03.000] as I said , from an absurd level ,
[00:03:03.000 --> 00:03:05.000] which is practically to zero .
[00:03:05.000 --> 00:03:07.000] Another reason - the trade balance .
[00:03:07.000 --> 00:03:10.000] Positive , or additional , trade balance ,
[00:03:10.000 --> 00:03:11.000] which means we send more ,
[00:03:11.000 --> 00:03:13.000] we earn more on sales ,
[00:03:13.000 --> 00:03:15.000] than we pay for what affects us ,
[00:03:15.000 --> 00:03:19.000] can also cause such a boost in gold .
[00:03:19.000 --> 00:03:23.000] Let 's recall that in 2021 we had a negative balance ,
[00:03:23.000 --> 00:03:25.000] at the level of 7 billion ,
[00:03:25.000 --> 00:03:29.000] when in 2020 it was additional and it was 47 .
[00:03:29.000 --> 00:03:32.000] Currently , after three quarters of 2023 ,
[00:03:32.000 --> 00:03:36.000] Poland has achieved an additional balance ,
[00:03:36.000 --> 00:03:38.000] at the level of 9 . 5 billion .
[00:03:38.000 --> 00:03:44.000] This effect can be the result of a drop in import value .
[00:03:44.000 --> 00:03:46.000] This is what the Z US data says ,
[00:03:46.000 --> 00:03:48.000] so if we look at it ,
[00:03:48.000 --> 00:03:51.000] I don 't see a reason to be delighted or happy .
[00:03:51.000 --> 00:03:54.000] Another reason - political and economic stability .
[00:03:54.000 --> 00:03:58.000] Let 's face it , we 're not the best example here .
[00:03:58.000 --> 00:04:02.000] The strength of gold also has its evident disadvantages .
[00:04:02.000 --> 00:04:06.000] Strong currency may be unf avor able for exp orters ,
[00:04:06.000 --> 00:04:08.000] because they become less competitive ,
[00:04:08.000 --> 00:04:09.000] they are simply expensive .
[00:04:09.000 --> 00:04:11.000] Low activity in this field
[00:04:11.000 --> 00:04:13.000] weak ens our economy in the long run .
[00:04:13.000 --> 00:04:15.000] Maybe it 's slowly becoming more normal ,
[00:04:15.000 --> 00:04:18.000] and you always emphasize that the economy needs
[00:04:18.000 --> 00:04:22.000] normal , stable conditions to develop .
[00:04:22.000 --> 00:04:23.000] You 're right .
[00:04:23.000 --> 00:04:27.000] The best thing in the economy is normal ization , stabilization .
[00:04:27.000 --> 00:04:30.000] I can 't remember for many years
[00:04:30.000 --> 00:04:32.000] that something like this has happened here .
[00:04:32.000 --> 00:04:34.000] Look at our aud itions .
[00:04:34.000 --> 00:04:38.000] A three fold jump in fuel prices , coal prices .
[00:04:38.000 --> 00:04:40.000] This is not a normal economy , sir .
[00:04:40.000 --> 00:04:42.000] Mr . Mar ius z , in our aud itions ,
[00:04:42.000 --> 00:04:45.000] we said many bitter words to President Gl api ? ski .
[00:04:45.000 --> 00:04:48.000] Meanwhile , he predicted a fall in inflation by the end of the year .
[00:04:48.000 --> 00:04:50.000] And yes , it 's happening .
[00:04:50.000 --> 00:04:52.000] Shouldn 't we pay him back the honor
[00:04:52.000 --> 00:04:54.000] that his predictions were true ?
[00:04:54.000 --> 00:04:57.000] I showed how little they know how to control
[00:04:57.000 --> 00:05:00.000] inflation , our misf ortune .
[00:05:00.000 --> 00:05:05.000] In the end , inflation could not go on forever ,
[00:05:05.000 --> 00:05:06.000] because , please note ,
[00:05:06.000 --> 00:05:10.000] that it caused quite a lot of diss atisf action .
[00:05:10.000 --> 00:05:13.000] Polit icians base their decisions on public opinion ,
[00:05:13.000 --> 00:05:16.000] on the satisfaction of their voters .
[00:05:16.000 --> 00:05:18.000] The last elections were proof of this .
[00:05:18.000 --> 00:05:21.000] That it is not allowed to piss off voters too much ,
[00:05:21.000 --> 00:05:23.000] because access to power is over .
[00:05:23.000 --> 00:05:26.000] In addition , they have und ert aken a lot of actions
[00:05:26.000 --> 00:05:29.000] that dest abil ize in order to
[00:05:29.000 --> 00:05:32.000] distort these indicators a bit .
[00:05:32.000 --> 00:05:34.000] And should we be happy about it ?
[00:05:34.000 --> 00:05:37.000] According to the data and analysis of this wonderful Gl api ? ski ,
[00:05:37.000 --> 00:05:39.000] who we are supposed to praise here today ,
[00:05:39.000 --> 00:05:43.000] inflation at the level of 2 . 5 %
[00:05:43.000 --> 00:05:46.000] is the goal of the Central Bank .
[00:05:46.000 --> 00:05:48.000] And here we have three times that .
[00:05:48.000 --> 00:05:51.000] So someone is wrong by 300 % and we are glad he is a genius ?
[00:05:51.000 --> 00:05:53.000] Well , because before you were wrong by 700 %, right ?
[00:05:53.000 --> 00:05:56.000] Mr . Mar ius z , our experts certainly did not predict
[00:05:56.000 --> 00:05:59.000] such an increase in the value of the z l oty .
[00:05:59.000 --> 00:06:01.000] At least no one talked about it before .
[00:06:01.000 --> 00:06:05.000] I return to your reflection on what kind of inflation is good ,
[00:06:05.000 --> 00:06:06.000] because it is very interesting .
[00:06:06.000 --> 00:06:09.000] When it comes to the economy , development ,
[00:06:09.000 --> 00:06:12.000] the economy is motivated , should inflation be close to zero ?
[00:06:12.000 --> 00:06:15.000] Should it be maintained at some level safe ?
[00:06:15.000 --> 00:06:18.000] In my opinion , the optimal thing for the economy is stabilization ,
[00:06:18.000 --> 00:06:20.000] not a leap , as I said .
[00:06:20.000 --> 00:06:22.000] What is good for the economy ?
[00:06:22.000 --> 00:06:24.000] Price stability .
[00:06:24.000 --> 00:06:27.000] Entreprene urs like stable prices .
[00:06:27.000 --> 00:06:30.000] This enables planning , forecasting costs , setting prices .
[00:06:30.000 --> 00:06:33.000] High inflation is a big price uncertainty .
[00:06:33.000 --> 00:06:35.000] Next , financial costs .
[00:06:35.000 --> 00:06:39.000] Entreprene urs use loans to better finance their business .
[00:06:39.000 --> 00:06:43.000] A high inflation level can lead to higher interest rates ,
[00:06:43.000 --> 00:06:47.000] which increases costs , which negatively affects the business .
[00:06:47.000 --> 00:06:51.000] Next , inflation affects price stability ,
[00:06:51.000 --> 00:06:54.000] because high inflation leads to greater price variability ,
[00:06:54.000 --> 00:06:58.000] more difficult management , greater risk .
[00:06:58.000 --> 00:07:00.000] But of course it is worth noting that on the other hand
[00:07:00.000 --> 00:07:04.000] there is a def lation , i . e . the opposite of inflation ,
[00:07:04.000 --> 00:07:07.000] which makes it very difficult to generate profits .
[00:07:07.000 --> 00:07:10.000] Therefore , when we talk about what the optimal level is ,
[00:07:10.000 --> 00:07:13.000] you see that high inflation generally
[00:07:13.000 --> 00:07:16.000] in every aspect of business harms entrepreneurs ,
[00:07:16.000 --> 00:07:18.000] but we must not switch sides .
[00:07:18.000 --> 00:07:21.000] The best , in my opinion , for business and for the hotel
[00:07:21.000 --> 00:07:23.000] is non - exist ent , i . e . zero inflation .
[00:07:23.000 --> 00:07:25.000] I emphasize , without going into def lation .
[00:07:25.000 --> 00:07:27.000] This is a very important point .
[00:07:27.000 --> 00:07:31.000] On the other hand , high inflation is extremely beneficial
[00:07:31.000 --> 00:07:35.000] for politicians , governments , banks and officials .
[00:07:35.000 --> 00:07:40.000] Let 's wish ourselves zero or close to zero inflation in the coming year .
[00:07:40.000 --> 00:07:42.000] And this is the first conclusion from our hearing .
[00:07:42.000 --> 00:07:44.000] For the second conclusion , we invite you after the break .
[00:07:44.000 --> 00:07:46.000] Mr . Mar ius z , a moment of break .
[00:07:46.000 --> 00:07:49.000] The end
[00:07:49.000 --> 00:07:52.000] The end
[00:08:17.000 --> 00:08:19.000] What is the game , Mr . Mar ius z ?
[00:08:19.000 --> 00:08:21.000] Mar ius z Stef ani ak , economist , financi er ,
[00:08:21.000 --> 00:08:23.000] president of the Foundation " More Wis dom " today .
[00:08:23.000 --> 00:08:26.000] We are summar izing a bit of the past year
[00:08:26.000 --> 00:08:29.000] and we are wondering what the next year will be like .
[00:08:29.000 --> 00:08:32.000] In my opinion , something like social mood s
[00:08:32.000 --> 00:08:35.000] are definitely better than 12 months ago .
[00:08:35.000 --> 00:08:38.000] Data from the G US do not show that unemployment is growing in Poland .
[00:08:38.000 --> 00:08:40.000] So there is work .
[00:08:40.000 --> 00:08:43.000] E arning s are growing , which is also shown by the G US data .
[00:08:43.000 --> 00:08:46.000] Actually , just wait for the wave of Pol es to move back
[00:08:46.000 --> 00:08:49.000] to banks , to take out loans to buy .
[00:08:49.000 --> 00:08:51.000] I think politicians are waiting for it .
[00:08:51.000 --> 00:08:54.000] Do we have a chance for such a second " he ating up "
[00:08:54.000 --> 00:08:56.000] as we saw three years ago ?
[00:08:56.000 --> 00:09:00.000] If you say that there are such positive thoughts among the citizens ,
[00:09:00.000 --> 00:09:03.000] then why did they change the rulers ?
[00:09:03.000 --> 00:09:05.000] E arning s are growing .
[00:09:05.000 --> 00:09:08.000] These nominal values that people and officials are getting used to
[00:09:08.000 --> 00:09:11.000] by showing some strange calculations on it ,
[00:09:11.000 --> 00:09:13.000] they have no value , really .
[00:09:13.000 --> 00:09:16.000] The purchasing power of money is at stake .
[00:09:16.000 --> 00:09:19.000] Speaking of this " he ating up ",
[00:09:19.000 --> 00:09:24.000] a bit joking ly , warm socks do not warm up the body at all , sir .
[00:09:24.000 --> 00:09:27.000] Because the worst thing is when you throw economic slog ans
[00:09:27.000 --> 00:09:30.000] in the media space , and politicians do it most often ,
[00:09:30.000 --> 00:09:33.000] and none of these pages understands what they say .
[00:09:33.000 --> 00:09:36.000] " Let 's give people 500 +, 800 +, 2000 +,
[00:09:36.000 --> 00:09:39.000] let 's give Ukrain ians 40 billion ,
[00:09:39.000 --> 00:09:41.000] as we recently spent ."
[00:09:41.000 --> 00:09:44.000] Do you think that this money will not appear somewhere on the market ?
[00:09:44.000 --> 00:09:45.000] It will !
[00:09:45.000 --> 00:09:48.000] We can artific ially , as you call it , " he at up " the body ,
[00:09:48.000 --> 00:09:52.000] but it is not natural , it is not healthy .
[00:09:52.000 --> 00:09:55.000] It is such a Franken stein , a revived corpse .
[00:09:55.000 --> 00:09:58.000] Because look at the next balance sheets ,
[00:09:58.000 --> 00:10:00.000] the next governments , the next years .
[00:10:00.000 --> 00:10:02.000] There is a so - called deficit everywhere .
[00:10:02.000 --> 00:10:05.000] In short , we don 't have money , we are in debt .
[00:10:05.000 --> 00:10:07.000] More and more , more and more .
[00:10:07.000 --> 00:10:09.000] This debt does not decrease at all , sir .
[00:10:09.000 --> 00:10:12.000] Literally speaking , it is getting worse .
[00:10:12.000 --> 00:10:16.000] These slog ans have no legal power .
[00:10:16.000 --> 00:10:19.000] Our enterprises are falling .
[00:10:19.000 --> 00:10:21.000] In a moment , someone will have to pay off this debt .
[00:10:21.000 --> 00:10:23.000] This is not a good indicator .
[00:10:23.000 --> 00:10:25.000] Mr . Mar ius z , let 's change the perspective a bit .
[00:10:25.000 --> 00:10:27.000] Let 's talk about international affairs .
[00:10:27.000 --> 00:10:30.000] We are part of the global economy , global politics .
[00:10:30.000 --> 00:10:32.000] I remember our conversation a year ago ,
[00:10:32.000 --> 00:10:35.000] when we were also summar izing the year 2022
[00:10:35.000 --> 00:10:37.000] and we were making some predictions .
[00:10:37.000 --> 00:10:39.000] You were talking about the international situation ,
[00:10:39.000 --> 00:10:41.000] about a very tense situation ,
[00:10:41.000 --> 00:10:44.000] a growing conflict between China and the United States ,
[00:10:44.000 --> 00:10:47.000] about the prepared invasion of Taiwan .
[00:10:47.000 --> 00:10:49.000] Twelve months have passed
[00:10:49.000 --> 00:10:52.000] and this conflict has been managed to keep under control .
[00:10:52.000 --> 00:10:55.000] It did not turn into an open war .
[00:10:55.000 --> 00:10:57.000] Did anyone get scared by the outbreak of war ?
[00:10:57.000 --> 00:11:00.000] What happened and are we still on the br ink of war
[00:11:00.000 --> 00:11:02.000] or has it cal med down globally ?
[00:11:02.000 --> 00:11:05.000] We can talk about the so - called Dam oc les sword .
[00:11:05.000 --> 00:11:08.000] It is a misf ortune hanging over our heads
[00:11:08.000 --> 00:11:10.000] that has not yet fallen .
[00:11:10.000 --> 00:11:12.000] And maybe it will never fall .
[00:11:12.000 --> 00:11:15.000] All economic indicators , above all ,
[00:11:15.000 --> 00:11:19.000] tell me that China is in a tragic financial situation .
[00:11:19.000 --> 00:11:22.000] The United States is in a tragic financial situation .
[00:11:22.000 --> 00:11:24.000] The war theater knows such things best .
[00:11:24.000 --> 00:11:27.000] The media always talk about one conflict .
[00:11:27.000 --> 00:11:30.000] They stopped talking about the Ukrainian war
[00:11:30.000 --> 00:11:33.000] when the rub ble appeared in the gas zone .
[00:11:33.000 --> 00:11:36.000] And suddenly , magically , they stopped dying on the front .
[00:11:36.000 --> 00:11:38.000] Because the media stopped talking about it .
[00:11:38.000 --> 00:11:41.000] They don 't remember Syria , they don 't remember Afghanistan , Iraq .
[00:11:41.000 --> 00:11:44.000] All those places where it is still very bad ,
[00:11:44.000 --> 00:11:46.000] where people are still dying ,
[00:11:46.000 --> 00:11:48.000] where there is still no normal life .
[00:11:48.000 --> 00:11:50.000] There are a lot of such examples , sir .
[00:11:50.000 --> 00:11:52.000] Only when the media stop talking about something ,
[00:11:52.000 --> 00:11:54.000] people 's consciousness suddenly ce ases to exist .
[00:11:54.000 --> 00:11:57.000] The war needs three things , as Napoleon said .
[00:11:57.000 --> 00:11:58.000] Money , of course .
[00:11:58.000 --> 00:11:59.000] Exactly .
[00:11:59.000 --> 00:12:02.000] There is an old saying that I would suggest you remember .
[00:12:02.000 --> 00:12:05.000] If you want to know the truth , follow the trail of money .
[00:12:05.000 --> 00:12:07.000] Following the trail of money , Mr . Mar ius z ,
[00:12:07.000 --> 00:12:11.000] what will happen if Donald Trump wins the elections in the United States ,
[00:12:11.000 --> 00:12:14.000] who has already announced that he will turn Ukraine upside down with money ?
[00:12:14.000 --> 00:12:16.000] And that he will bring it to peace ?
[00:12:16.000 --> 00:12:19.000] Because such announcements are coming from his side .
[00:12:19.000 --> 00:12:20.000] What does it mean ?
[00:12:20.000 --> 00:12:22.000] It doesn 't mean anything and nothing will happen .
[00:12:22.000 --> 00:12:24.000] Trump , like any politician , says a lot
[00:12:24.000 --> 00:12:27.000] and somehow he doesn 't get out of it .
[00:12:27.000 --> 00:12:30.000] Every politician , such a significant politician in Russia ,
[00:12:30.000 --> 00:12:33.000] gets millions for his campaign .
[00:12:33.000 --> 00:12:35.000] It 's surprising that it 's even legal ,
[00:12:35.000 --> 00:12:37.000] because if you were getting money from someone
[00:12:37.000 --> 00:12:41.000] to whom you would write or create some aud itions or articles ,
[00:12:41.000 --> 00:12:43.000] you would be done .
[00:12:43.000 --> 00:12:45.000] I would stop being credible .
[00:12:45.000 --> 00:12:46.000] It should be like that .
[00:12:46.000 --> 00:12:47.000] Literally .
[00:12:47.000 --> 00:12:49.000] And in politics , you take it officially .
[00:12:49.000 --> 00:12:53.000] And we 're talking about tens and hundreds of millions .
[00:12:53.000 --> 00:12:56.000] Why do governments in such a case cause wars ,
[00:12:56.000 --> 00:12:57.000] support them ?
[00:12:57.000 --> 00:12:59.000] Because someone makes money on it .
[00:12:59.000 --> 00:13:00.000] Gig antic money .
[00:13:00.000 --> 00:13:03.000] The arms industry is one of the three most profitable
[00:13:03.000 --> 00:13:05.000] legal businesses in the world .
[00:13:05.000 --> 00:13:07.000] Polit icians want wars ,
[00:13:07.000 --> 00:13:09.000] because someone finances their campaigns ,
[00:13:09.000 --> 00:13:10.000] cares for them ,
[00:13:10.000 --> 00:13:12.000] gives them gold parach utes
[00:13:12.000 --> 00:13:14.000] so that they can end up in government
[00:13:14.000 --> 00:13:16.000] or you have a torn opinion .
[00:13:16.000 --> 00:13:19.000] So we 'll give you a position in the so - called supervis ory council ,
[00:13:19.000 --> 00:13:21.000] so don 't do anything and we 'll make you rich .
[00:13:21.000 --> 00:13:25.000] A classic example is Biden and his son , Hunter Biden .
[00:13:25.000 --> 00:13:30.000] His son is in some Ukrainian business
[00:13:30.000 --> 00:13:34.000] and his dad gives billions , hundreds of billions of dollars to Ukraine .
[00:13:34.000 --> 00:13:36.000] A complete coincidence , of course , you know .
[00:13:36.000 --> 00:13:38.000] So if we have it so traced ,
[00:13:38.000 --> 00:13:40.000] why do you think it concerns President US A ,
[00:13:40.000 --> 00:13:42.000] not some other governments ?
[00:13:42.000 --> 00:13:43.000] Really ?
[00:13:43.000 --> 00:13:47.000] These are official , obvious things , no secrets .
[00:13:47.000 --> 00:13:50.000] Check it out and stop being fooled
[00:13:50.000 --> 00:13:52.000] that some magical politician will come ,
[00:13:52.000 --> 00:13:54.000] because someone is behind these policies .
[00:13:54.000 --> 00:13:56.000] If you believe that there is some ideal ist ,
[00:13:56.000 --> 00:13:58.000] wonderful , nice , noble man
[00:13:58.000 --> 00:14:01.000] who works at the high level of politics ,
[00:14:01.000 --> 00:14:03.000] think again .
[00:14:03.000 --> 00:14:04.000] Stop being fooled .
[00:14:04.000 --> 00:14:06.000] Trump is not a hero in my opinion .
[00:14:06.000 --> 00:14:08.000] He is a businessman , he is a politician .
[00:14:08.000 --> 00:14:10.000] He wants to make his interests easier .
[00:14:10.000 --> 00:14:13.000] Money turns the world and probably not always in the right direction .
[00:14:13.000 --> 00:14:16.000] Let this be the second conclusion from our hearing .
[00:14:16.000 --> 00:14:18.000] I invite you for a break .
[00:14:18.000 --> 00:14:20.000] P ARR OT TV
[00:14:22.000 --> 00:14:24.000] P ARR OT TV
[00:14:24.000 --> 00:14:26.000] P ARR OT TV
[00:14:26.000 --> 00:14:28.000] Parr ot TV
[00:14:28.000 --> 00:14:30.000] Parr ot TV
[00:14:30.000 --> 00:14:32.000] Parr ot TV
[00:14:32.000 --> 00:14:34.000] Parr ot TV
[00:14:34.000 --> 00:14:36.000] Parr ot TV
[00:14:36.000 --> 00:14:38.000] Parr ot TV
[00:14:38.000 --> 00:14:40.000] Parr ot TV
[00:14:40.000 --> 00:14:42.000] Parr ot TV
[00:14:42.000 --> 00:14:44.000] Parr ot TV
[00:14:44.000 --> 00:14:46.000] Parr ot TV
[00:14:46.000 --> 00:14:48.000] Parr ot TV
[00:14:48.000 --> 00:14:50.000] Parr ot TV
[00:14:50.000 --> 00:14:52.000] What is played , Mr . Mar ius z ?
[00:14:52.000 --> 00:14:54.000] Mr . Mar ius z is Mar ius z Stef ani ak .
[00:14:54.000 --> 00:14:56.000] Financial economist .
[00:14:56.000 --> 00:14:59.000] Today we are talking about forecasts for 2024 ,
[00:14:59.000 --> 00:15:01.000] which is coming soon .
[00:15:01.000 --> 00:15:04.000] I was recently surprised by the information I saw in the media .
[00:15:04.000 --> 00:15:08.000] In the United States there are currently a record number of 600 , 000 homeless people .
[00:15:08.000 --> 00:15:11.000] When I counted in relation to the number of people ,
[00:15:11.000 --> 00:15:13.000] it is twice as many as in Poland .
[00:15:13.000 --> 00:15:16.000] The US government is dealing with the whole world .
[00:15:16.000 --> 00:15:19.000] Should it deal with the internal situation to a greater extent ?
[00:15:19.000 --> 00:15:22.000] Should it do something to reduce the number of homeless people ?
[00:15:22.000 --> 00:15:24.000] Every government should deal with it ,
[00:15:24.000 --> 00:15:26.000] because it is its most important duty -
[00:15:26.000 --> 00:15:29.000] to take care of its own citizens , its own economy .
[00:15:29.000 --> 00:15:31.000] A father should take care of his children ,
[00:15:31.000 --> 00:15:35.000] not starve his own children to give candy to strangers .
[00:15:35.000 --> 00:15:39.000] Sometimes governments act like path ological parents .
[00:15:39.000 --> 00:15:43.000] They take care of other children more than of their own .
[00:15:43.000 --> 00:15:46.000] It can 't end well for this family .
[00:15:46.000 --> 00:15:48.000] As for the number of homeless people ,
[00:15:48.000 --> 00:15:51.000] there are many more homeless people there than you would even imagine .
[00:15:51.000 --> 00:15:54.000] Recently , really gigantic waves are coming .
[00:15:54.000 --> 00:15:57.000] We are talking about gigantic waves , million - wave s of illegal immigrants ,
[00:15:57.000 --> 00:16:01.000] who will also somehow increase the number of homeless people .
[00:16:01.000 --> 00:16:05.000] And let 's add that the Americans are less and less fond of it .
[00:16:05.000 --> 00:16:08.000] The central government is not doing nothing .
[00:16:08.000 --> 00:16:13.000] It does everything to increase the number of illegal immigrants and homelessness .
[00:16:13.000 --> 00:16:16.000] It sounds like we are looking at some crazy people ,
[00:16:16.000 --> 00:16:19.000] who are striving for self - dest ruction .
[00:16:19.000 --> 00:16:21.000] But of course we will not talk about it now ,
[00:16:21.000 --> 00:16:23.000] we will not explain it , because it is a completely different topic .
[00:16:23.000 --> 00:16:27.000] Why is the destruction of the American economy profitable ?
[00:16:27.000 --> 00:16:30.000] It is a kind of indicator of the economic situation
[00:16:30.000 --> 00:16:33.000] and probably the situation on the real estate market ,
[00:16:33.000 --> 00:16:36.000] which we monitor quite regularly .
[00:16:36.000 --> 00:16:39.000] At the end of the year , quite negative information appeared
[00:16:39.000 --> 00:16:41.000] from the Polish real estate market ,
[00:16:41.000 --> 00:16:45.000] that the rent prices are falling , that the prices in the construction industry are falling .
[00:16:45.000 --> 00:16:49.000] How do you predict the situation on this market in 2024 ?
[00:16:49.000 --> 00:16:51.000] These are positive indicators .
[00:16:51.000 --> 00:16:53.000] We said a long time ago ,
[00:16:53.000 --> 00:16:55.000] in an audition about real estate ,
[00:16:55.000 --> 00:16:58.000] that in fact , at that time ,
[00:16:58.000 --> 00:17:02.000] prices should fall to the level , I estimated , 30 %.
[00:17:02.000 --> 00:17:04.000] These bad rent prices ,
[00:17:04.000 --> 00:17:07.000] these bad prices of new and used apartments ,
[00:17:07.000 --> 00:17:08.000] are deadly for us ,
[00:17:08.000 --> 00:17:10.000] are terrible for entrepreneurs ,
[00:17:10.000 --> 00:17:14.000] for foreign potent ates , for politicians .
[00:17:14.000 --> 00:17:17.000] They are great , they are super profitable .
[00:17:17.000 --> 00:17:21.000] We let over 15 million foreigners into the country .
[00:17:21.000 --> 00:17:25.000] It is estimated that about 5 million of them stayed here .
[00:17:25.000 --> 00:17:29.000] And these are all people who need an additional apartment .
[00:17:29.000 --> 00:17:32.000] Let 's add to this that billions of dollars were pumped in ,
[00:17:32.000 --> 00:17:34.000] in various kinds of contributions ,
[00:17:34.000 --> 00:17:37.000] also to apartments and also to these refugees ,
[00:17:37.000 --> 00:17:41.000] which significantly disrupted the demand and supply system
[00:17:41.000 --> 00:17:43.000] throughout Poland .
[00:17:43.000 --> 00:17:47.000] It all reflected , for example , on food expenses .
[00:17:47.000 --> 00:17:49.000] There are more people who spend ,
[00:17:49.000 --> 00:17:51.000] but they don 't spend because they earn .
[00:17:51.000 --> 00:17:55.000] This is the hook that the rulers somehow don 't want to show us .
[00:17:55.000 --> 00:17:58.000] If it were so that Pol es earn more ,
[00:17:58.000 --> 00:18:00.000] afford us richer apartments ,
[00:18:00.000 --> 00:18:01.000] this is a good revelation .
[00:18:01.000 --> 00:18:05.000] You buy , you enrich , you spend very well .
[00:18:05.000 --> 00:18:08.000] But you know , in Poland it is exactly the opposite .
[00:18:08.000 --> 00:18:11.000] Suddenly , millions of strangers arrived ,
[00:18:11.000 --> 00:18:14.000] who do not care at all about Poland being better ,
[00:18:14.000 --> 00:18:16.000] because their country is a different country
[00:18:16.000 --> 00:18:18.000] and they would like it to be better for them .
[00:18:18.000 --> 00:18:21.000] The neighbors ' children do not want you to be better for the children .
[00:18:21.000 --> 00:18:23.000] They want them to be better , so they can boast .
[00:18:23.000 --> 00:18:25.000] " Listen , I have a cookie and you don 't ."
[00:18:25.000 --> 00:18:29.000] That 's why , in my opinion , the price drop occurred .
[00:18:29.000 --> 00:18:33.000] Because , for example , a few million of those a dozen ent ered ,
[00:18:33.000 --> 00:18:35.000] and these are very big waves .
[00:18:35.000 --> 00:18:38.000] Do you remember when we talked about what is best for the economy ,
[00:18:38.000 --> 00:18:40.000] for entrepreneurs , for Pol es ?
[00:18:40.000 --> 00:18:41.000] St abil ization .
[00:18:41.000 --> 00:18:44.000] Enter ing and leaving the million - wave .
[00:18:44.000 --> 00:18:46.000] Is this stabilization ?
[00:18:46.000 --> 00:18:49.000] We have a new political opening .
[00:18:49.000 --> 00:18:53.000] With the new year , the government in the country is taken over by a completely new coalition ,
[00:18:53.000 --> 00:18:56.000] a new government , which dec lares very strong support for Polish entrepreneurs .
[00:18:56.000 --> 00:18:58.000] For now , we have a declaration .
[00:18:58.000 --> 00:19:00.000] If you were to advise the government
[00:19:00.000 --> 00:19:04.000] what to do to maintain a good climate for entrepreneurship ,
[00:19:04.000 --> 00:19:08.000] to have an economic growth that everyone can benefit from ,
[00:19:08.000 --> 00:19:10.000] what would you suggest ?
[00:19:10.000 --> 00:19:13.000] I would suggest that they simply withdraw from politics .
[00:19:13.000 --> 00:19:15.000] Maybe you should start helping at all ,
[00:19:15.000 --> 00:19:18.000] because for now I can only see the waves of difficulties
[00:19:18.000 --> 00:19:21.000] or even actions that are destroying Polish entrepreneurs .
[00:19:21.000 --> 00:19:23.000] Where did this debt come from ?
[00:19:23.000 --> 00:19:26.000] These companies are not able to pay their bills .
[00:19:26.000 --> 00:19:29.000] And we are talking about ordinary people , these small businesses .
[00:19:29.000 --> 00:19:31.000] It was they who suffered .
[00:19:31.000 --> 00:19:33.000] Where is this help ?
[00:19:33.000 --> 00:19:36.000] For me , this is anti - help , this is a damage to entrepreneurs .
[00:19:36.000 --> 00:19:40.000] So my advice is to stop har ming Polish entrepreneurs .
[00:19:40.000 --> 00:19:44.000] It is best to withdraw from speaking and influencing the Polish economy ,
[00:19:44.000 --> 00:19:47.000] because if they stopped regulating it in any way ,
[00:19:47.000 --> 00:19:49.000] then in my humble opinion ,
[00:19:49.000 --> 00:19:53.000] it would be much better than with all their help ,
[00:19:53.000 --> 00:19:55.000] or even more help .
[00:19:55.000 --> 00:19:57.000] First of all , the drop in exports ,
[00:19:57.000 --> 00:19:59.000] for example to Russia .
[00:19:59.000 --> 00:20:01.000] Do you remember the years of COVID ,
[00:20:01.000 --> 00:20:04.000] that is , all the lockdown s , the fall of all business sectors ?
[00:20:04.000 --> 00:20:06.000] Did it not affect entrepreneurs ?
[00:20:06.000 --> 00:20:09.000] Let 's also remember the topics of our aud itions ,
[00:20:09.000 --> 00:20:12.000] that is , the gigantic prices , for example , of fuel ,
[00:20:12.000 --> 00:20:14.000] other energy sources ,
[00:20:14.000 --> 00:20:19.000] which bear all the other costs in our entire country .
[00:20:19.000 --> 00:20:24.000] What industry has developed in recent years
[00:20:24.000 --> 00:20:28.000] to compensate for all that I have just mentioned ?
[00:20:28.000 --> 00:20:31.000] If you were to define your scale with optimism ,
[00:20:31.000 --> 00:20:35.000] to apply the measure and say on a scale from 1 to 10
[00:20:35.000 --> 00:20:38.000] " I am such a big optim ist " or " I am not at all "
[00:20:38.000 --> 00:20:42.000] what would be your reading in this year ?
[00:20:42.000 --> 00:20:45.000] One , when it comes to the competence and intentions of politicians .
[00:20:45.000 --> 00:20:48.000] Ten , when it comes to the strength and entrepreneurship of Pol es .
[00:20:48.000 --> 00:20:51.000] Two , when we talk about their economic awareness
[00:20:51.000 --> 00:20:54.000] of the important and necessary facts to make decisions .
[00:20:54.000 --> 00:21:00.000] By the way , of course , I wish them to take care of increasing their knowledge in the new year .
[00:21:00.000 --> 00:21:03.000] I think that thanks to you and this broadcast ,
[00:21:03.000 --> 00:21:05.000] we help them in a small way .
[00:21:05.000 --> 00:21:09.000] Let us remind you that we have created an aud ition . com . pl for them ,
[00:21:09.000 --> 00:21:12.000] a place where they can get the additional knowledge they need ,
[00:21:12.000 --> 00:21:17.000] and in a much larger scale than we can give them during our aud itions .
[00:21:17.000 --> 00:21:20.000] Mr . Mar ius z , thank you very much for today 's meeting .
[00:21:20.000 --> 00:21:24.000] Thank you for all the meetings in the past year , 2023 .
[00:21:24.000 --> 00:21:31.000] I hope that someone found it useful and that the amount of knowledge in our heads has increased .
[00:21:31.000 --> 00:21:35.000] I also wish you and you , Mr . Mar ius z , all our listeners ,
[00:21:35.000 --> 00:21:40.000] that we could meet again next year on the radio and the Internet
[00:21:40.000 --> 00:21:43.000] and sum up the last months .
[00:21:43.000 --> 00:21:45.000] Thank you , too .
[00:21:45.000 --> 00:21:52.000] I also wish you and you to increase your knowledge in the scope of funds , money , economy
[00:21:52.000 --> 00:21:55.000] and make smarter decisions in this area next year .
[00:21:55.000 --> 00:22:00.000] Mar ius z Stef ani ak , economist , finan c ial expert , our expert and our guest .
[00:22:00.000 --> 00:22:07.000] We also have information for you that the full recording of our audit ion on the subject of 2023
[00:22:07.000 --> 00:22:16.000] and the forecast for 2024 can be found on our website www . aud y cje . com . pl .
[00:22:16.000 --> 00:22:19.000] See you soon . The program was led by Kr z ysz to f Stra uch man .
[00:22:19.000 --> 00:22:29.000] In ne Radio in G ? uch o ? az y and the area 105 . 2 .
[00:22:29.000 --> 00:22:35.000] Trans lation : Kat ar zy na B id zi ? ska k b id z ins ka @ inter ia . pl
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the score , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's the score , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:18.000] Mar ius z Stef ani ak , economist , financi er , our expert , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:00:18.000 --> 00:00:20.000] Today we are talking about the pandemic .
[00:00:20.000 --> 00:00:24.000] I would like to talk to you , in the context of the summ aries of the year ending , about the pandemic .
[00:00:24.000 --> 00:00:26.000] Do you still remember the pandemic ?
[00:00:26.000 --> 00:00:27.000] I remember .
[00:00:27.000 --> 00:00:34.000] It 's been four years since the virus got to Europe and since we actually heard about COVID - 19 .
[00:00:34.000 --> 00:00:37.000] I remember that atmosphere well .
[00:00:37.000 --> 00:00:40.000] I know it was a topic that the whole world was living on .
[00:00:40.000 --> 00:00:42.000] Everyone somehow rem od eled their lives .
[00:00:42.000 --> 00:00:44.000] And today it 's history .
[00:00:44.000 --> 00:00:46.000] Nobody cares about it .
[00:00:46.000 --> 00:00:49.000] Should we forget about the pandemic like about some black s now ?
[00:00:49.000 --> 00:00:52.000] Should we sum it up somehow sens ibly ?
[00:00:52.000 --> 00:01:00.000] Make a report on the gains and losses , assess how the procedures for such situations that are required in the country have worked ,
[00:01:00.000 --> 00:01:03.000] how well the people who should make decisions have done ,
[00:01:03.000 --> 00:01:06.000] see how we all have actually behaved ,
[00:01:06.000 --> 00:01:10.000] or maybe there should be some alternative scenario for these events .
[00:01:10.000 --> 00:01:12.000] Do you see such a need for calculations ?
[00:01:12.000 --> 00:01:14.000] I don 't think it 's just me .
[00:01:14.000 --> 00:01:19.000] I notice many judicial and non - jud icial proceedings concerning this in several countries .
[00:01:19.000 --> 00:01:22.000] To put it mild ly , unclear actions of the rulers ,
[00:01:22.000 --> 00:01:26.000] giving huge profits to privileged entities ,
[00:01:26.000 --> 00:01:31.000] without any necessary restrictions and almost without any supervision ,
[00:01:31.000 --> 00:01:35.000] caused that these numerous entities received huge amounts of money from taxpayers .
[00:01:35.000 --> 00:01:40.000] There are serious susp ic ions that it was then that officials and decision - makers were bought over .
[00:01:40.000 --> 00:01:46.000] All this with the knowledge that the actions taken not only do not ensure
[00:01:46.000 --> 00:01:49.000] that they will be effective or useful ,
[00:01:49.000 --> 00:01:54.000] but almost with the certainty that their consequences will be harmful
[00:01:54.000 --> 00:01:59.000] with no documented effectiveness .
[00:01:59.000 --> 00:02:04.000] All this , as usual , came to pay to the citizens .
[00:02:04.000 --> 00:02:09.000] In the end , they are the pay ers of all the decisions of politicians and officials .
[00:02:09.000 --> 00:02:15.000] They fell , they are falling , and businesses that did not have luc rative assets
[00:02:15.000 --> 00:02:17.000] were the ones that fell .
[00:02:17.000 --> 00:02:21.000] That is , almost all of them belonging to ordinary hotels ,
[00:02:21.000 --> 00:02:27.000] from which all the money , all the actions , all the shields , all the forced purchases ,
[00:02:27.000 --> 00:02:32.000] all the masks , respir ators , all the things that took place ,
[00:02:32.000 --> 00:02:35.000] all this has to be paid for .
[00:02:35.000 --> 00:02:43.000] I quickly threw myself on the goose and he said that companies are expected to wor sen the financial situation
[00:02:43.000 --> 00:02:46.000] and , among other things , I point out , for example , the cost of employment .
[00:02:46.000 --> 00:02:49.000] They are trying to slow down in the next three months .
[00:02:49.000 --> 00:02:54.000] We see that the prospects for ordinary companies are weak , to put it mild ly .
[00:02:54.000 --> 00:03:00.000] If a company looks at the new year and sees only the vision of necessary cuts and delays ,
[00:03:00.000 --> 00:03:03.000] it means that the economy is going badly .
[00:03:03.000 --> 00:03:09.000] In the industry , indicators have wors ened in December to over - 5 .
[00:03:09.000 --> 00:03:13.000] The wors ening was in trade , which is a very serious thing .
[00:03:13.000 --> 00:03:17.000] According to the G US , 29 % of employees work in the industry ,
[00:03:17.000 --> 00:03:21.000] excluding micro - com pan ies , of which 11 % work .
[00:03:21.000 --> 00:03:25.000] In trade 14 %, including micro - com pan ies 23 %.
[00:03:25.000 --> 00:03:30.000] So , there will be about 43 % of employees in Poland ,
[00:03:30.000 --> 00:03:34.000] who are uncertain about their positions in the coming months .
[00:03:34.000 --> 00:03:39.000] Half of the people are potentially at risk of being fired .
[00:03:39.000 --> 00:03:44.000] Mr . Mar ius z , we have spent huge billions on saving companies .
[00:03:44.000 --> 00:03:46.000] The pandemic may cost us even more .
[00:03:46.000 --> 00:03:48.000] I will remind you of a fairly recent event .
[00:03:48.000 --> 00:03:55.000] Pfizer , a vaccine manufacturer , is demanding from the Polish government 6 billion z lot ys
[00:03:55.000 --> 00:03:59.000] for vaccines that we did not buy , although they were ordered .
[00:03:59.000 --> 00:04:03.000] And they are quite right in the sense of common sense .
[00:04:03.000 --> 00:04:08.000] What is your opinion ? Should we buy the vaccines that were ordered and pay for them ?
[00:04:08.000 --> 00:04:10.000] Should we behave like the Polish government ?
[00:04:10.000 --> 00:04:12.000] Of course we should .
[00:04:12.000 --> 00:04:15.000] Let those who ordered them pay the most .
[00:04:15.000 --> 00:04:19.000] Currently , they cannot even indicate on what basis they made such decisions .
[00:04:19.000 --> 00:04:24.000] Where the income was introduced , it turns out that they knew that they were not giving anything .
[00:04:24.000 --> 00:04:32.000] The producers showed it in writing and demanded to be released from responsibility for any consequences .
[00:04:32.000 --> 00:04:37.000] Someone gives you a medical product , theoretically some medicine ,
[00:04:37.000 --> 00:04:43.000] but at the same time he asks you to sign a document that you are deprived of any protection procedure .
[00:04:43.000 --> 00:04:47.000] If someone dies , gets sick , something bad happens , they will not be held responsible .
[00:04:47.000 --> 00:04:49.000] And I don 't like it in this whole situation .
[00:04:49.000 --> 00:04:54.000] Mr . Mar ius z , let 's take a deeper breath , a moment of break before the next series of questions .
[00:04:55.000 --> 00:04:58.000] P ARR OT TV
[00:04:58.000 --> 00:05:00.000] Parr ot TV
[00:05:26.000 --> 00:05:28.000] What is going on , Mr . Mar ius z ?
[00:05:28.000 --> 00:05:31.000] Mar ius z S te f ani ak , economist , finan c ial expert , our expert .
[00:05:31.000 --> 00:05:37.000] Today we are talking about the pandemic and we are trying to sum up its economic effects .
[00:05:37.000 --> 00:05:39.000] We were talking about the call of Pfizer .
[00:05:39.000 --> 00:05:44.000] It is a serious amount of 6 billion z lot ys from the state budget ,
[00:05:44.000 --> 00:05:46.000] which is actually from the pocket of all of us .
[00:05:46.000 --> 00:05:49.000] This is about 1 % of the Polish state budget .
[00:05:49.000 --> 00:05:53.000] Mr . Mar ius z , why does this matter not ar ouse common interest ,
[00:05:53.000 --> 00:05:56.000] but just dazz le the media ?
[00:05:56.000 --> 00:05:58.000] Because people have no idea about the economy .
[00:05:58.000 --> 00:06:01.000] Most people have an economic outlook like a worthy mole .
[00:06:01.000 --> 00:06:03.000] They only see the tip of their own nose ,
[00:06:03.000 --> 00:06:06.000] ignoring the events that shape their entire future ,
[00:06:06.000 --> 00:06:08.000] and even the future of their children .
[00:06:08.000 --> 00:06:12.000] This is why politicians always manage to avoid the consequences of their actions
[00:06:12.000 --> 00:06:15.000] and that is why they continue to do so .
[00:06:15.000 --> 00:06:17.000] Let 's go back to the gen esis of this call ,
[00:06:17.000 --> 00:06:19.000] that is , to the events of two years ago ,
[00:06:19.000 --> 00:06:23.000] when the Polish government refused to buy another batch of vaccines ,
[00:06:23.000 --> 00:06:27.000] explaining that the money that was allocated for this
[00:06:27.000 --> 00:06:29.000] is needed for something else ,
[00:06:29.000 --> 00:06:31.000] specifically for the aid to Ukrainian refugees ,
[00:06:31.000 --> 00:06:33.000] because the war in Ukraine has just broken out .
[00:06:33.000 --> 00:06:36.000] The government called for a higher necessity clause .
[00:06:36.000 --> 00:06:38.000] And please tell me what it looks like in business .
[00:06:38.000 --> 00:06:42.000] Can a higher necessity be a circumstance
[00:06:42.000 --> 00:06:47.000] that exempt s one of the parties from the contract that has been included ?
[00:06:47.000 --> 00:06:51.000] Is it just a search for an explanation and a stretch of the legal basis ?
[00:06:51.000 --> 00:06:53.000] Certainly , with a higher necessity ,
[00:06:53.000 --> 00:06:56.000] it is not a situation where we decide ourselves
[00:06:56.000 --> 00:07:00.000] that we want to help some other country in their military operations .
[00:07:00.000 --> 00:07:01.000] This is not a higher necessity ,
[00:07:01.000 --> 00:07:03.000] it does not meet any definition of the regulations .
[00:07:03.000 --> 00:07:05.000] This is an idiot ic explanation .
[00:07:05.000 --> 00:07:09.000] They could refuse to pay only on the basis of the fact
[00:07:09.000 --> 00:07:12.000] that the producers of the vaccines lied about their properties .
[00:07:12.000 --> 00:07:16.000] Of course , you don 't have to take such a product or pay for it .
[00:07:16.000 --> 00:07:18.000] Then such a Pfizer would have to prove
[00:07:18.000 --> 00:07:21.000] that the vaccines had the properties that were assigned to them ,
[00:07:21.000 --> 00:07:24.000] which we already know exactly that they did not .
[00:07:24.000 --> 00:07:27.000] Of course , in those days , if we had said something like that two years ago ,
[00:07:27.000 --> 00:07:30.000] we would both be banned , expelled , etc .
[00:07:30.000 --> 00:07:32.000] Now it is common knowledge .
[00:07:32.000 --> 00:07:34.000] Now everyone is trying to be smart .
[00:07:34.000 --> 00:07:37.000] Based on the increasingly revealed data ,
[00:07:37.000 --> 00:07:40.000] it turns out that politicians and decision - makers
[00:07:40.000 --> 00:07:46.000] quite consciously knew that these products did not have the properties
[00:07:46.000 --> 00:07:48.000] that they were supposed to have .
[00:07:48.000 --> 00:07:50.000] How they sold it to people , to society ,
[00:07:50.000 --> 00:07:53.000] how they documented the need for purchase .
[00:07:53.000 --> 00:07:56.000] Well , you know , this is quite shocking information
[00:07:56.000 --> 00:07:59.000] that someone buys a medicine that saves lives ,
[00:07:59.000 --> 00:08:02.000] but the buyer knows that this medicine
[00:08:02.000 --> 00:08:05.000] has no documented properties of saving this life .
[00:08:05.000 --> 00:08:09.000] The producers write that there is no guarantee that this medicine will work .
[00:08:09.000 --> 00:08:12.000] And not only that , if all these catch - up affairs come out ,
[00:08:12.000 --> 00:08:14.000] which we mentioned ,
[00:08:14.000 --> 00:08:17.000] then this picture looks catastrophic .
[00:08:17.000 --> 00:08:20.000] And as you said , people are not interested in it at all .
[00:08:20.000 --> 00:08:22.000] If you have such an approach ,
[00:08:22.000 --> 00:08:25.000] then every ruling team , seeing this , will say
[00:08:25.000 --> 00:08:28.000] " Listen , if we accept catch - ups from any company
[00:08:28.000 --> 00:08:30.000] and it will be a harm to society ,
[00:08:30.000 --> 00:08:34.000] then nothing awaits us as a reward for our actions ?
[00:08:34.000 --> 00:08:38.000] Well , what signal do we send to all officials and politicians ?
[00:08:38.000 --> 00:08:40.000] Mr . Mar ius z , but on the other hand ,
[00:08:40.000 --> 00:08:42.000] I have not heard of studies showing
[00:08:42.000 --> 00:08:45.000] that vaccines had no effect .
[00:08:45.000 --> 00:08:47.000] However , they did have some popul ation effects .
[00:08:47.000 --> 00:08:49.000] At least that 's what epidemi ologists claim .
[00:08:49.000 --> 00:08:51.000] Of course , you are right .
[00:08:51.000 --> 00:08:53.000] You will not find this data in the media .
[00:08:53.000 --> 00:08:55.000] If this data were published ,
[00:08:55.000 --> 00:08:59.000] just like these pseudo - w onder ful vaccine effects were published ,
[00:08:59.000 --> 00:09:01.000] as it turns out to be a lie ,
[00:09:01.000 --> 00:09:05.000] then now , if politicians gave everyone simple information ,
[00:09:05.000 --> 00:09:07.000] " Listen , it was not supposed to work ,
[00:09:07.000 --> 00:09:10.000] the producer who produced it wrote to us
[00:09:10.000 --> 00:09:13.000] that he does not give any guarantees that it has any properties
[00:09:13.000 --> 00:09:15.000] that we tell you they have ."
[00:09:15.000 --> 00:09:19.000] There were countries that did not want to agree to this clause ,
[00:09:19.000 --> 00:09:21.000] that there is no responsibility if it is harmful .
[00:09:21.000 --> 00:09:24.000] And they did not sell them this vaccine .
[00:09:24.000 --> 00:09:28.000] There are many things that are not publicly revealed ,
[00:09:28.000 --> 00:09:30.000] but they are revealed as such .
[00:09:30.000 --> 00:09:32.000] So when you press these people ,
[00:09:32.000 --> 00:09:34.000] they start telling the truth .
[00:09:34.000 --> 00:09:36.000] First of all , you have to make such actions .
[00:09:36.000 --> 00:09:38.000] Secondly , you have to have a good will
[00:09:38.000 --> 00:09:42.000] to make these actions show real intentions and facts .
[00:09:42.000 --> 00:09:44.000] Who cares about that ?
[00:09:44.000 --> 00:09:46.000] Society has it somewhere .
[00:09:46.000 --> 00:09:48.000] Polit icians definitely care about silence .
[00:09:48.000 --> 00:09:50.000] What are the media ?
[00:09:50.000 --> 00:09:52.000] Media are associated with the richest people ,
[00:09:52.000 --> 00:09:56.000] and the richest people are associated with the most influential politicians .
[00:09:56.000 --> 00:09:59.000] And this circle of mutual ad oration is closing .
[00:09:59.000 --> 00:10:02.000] Let 's go back to the economic aspect of all this .
[00:10:02.000 --> 00:10:03.000] I found data .
[00:10:03.000 --> 00:10:07.000] In Poland , the first dose of the vaccine was taken by 23 million people .
[00:10:07.000 --> 00:10:09.000] The second dose was taken by 3 million less .
[00:10:09.000 --> 00:10:12.000] In total , we have received 58 million vaccines ,
[00:10:12.000 --> 00:10:15.000] and the second dose was taken by as many or even more .
[00:10:15.000 --> 00:10:18.000] Who estimated our needs for vaccines ,
[00:10:18.000 --> 00:10:20.000] if we are to pay for them now ?
[00:10:20.000 --> 00:10:22.000] To be honest , is it important at all ?
[00:10:22.000 --> 00:10:24.000] First of all , you have to reach the source of the problem ,
[00:10:24.000 --> 00:10:26.000] and not look for some goat victim ,
[00:10:26.000 --> 00:10:28.000] or some poor office worker ,
[00:10:28.000 --> 00:10:31.000] or some doctor , or any other epidemi ologist .
[00:10:31.000 --> 00:10:33.000] You have to look for the source of the problem .
[00:10:33.000 --> 00:10:35.000] And what did you do to him ?
[00:10:35.000 --> 00:10:37.000] He based it on the data he received .
[00:10:37.000 --> 00:10:39.000] If someone is going to look for a victim ,
[00:10:39.000 --> 00:10:43.000] I see that in this case we want to run away from pointing out the real cul pr its .
[00:10:43.000 --> 00:10:45.000] These huge losses .
[00:10:45.000 --> 00:10:47.000] Because we are not only talking about the vaccine .
[00:10:47.000 --> 00:10:50.000] All the lockdown s , which were of course illegally applied in Poland ,
[00:10:50.000 --> 00:10:53.000] all the companies that were closed , which were illegal ,
[00:10:53.000 --> 00:10:56.000] all the mandates that were illegal ,
[00:10:56.000 --> 00:10:59.000] and all the activities that were illegal , were pointless .
[00:10:59.000 --> 00:11:01.000] Not only were they pointless ,
[00:11:01.000 --> 00:11:03.000] they were also extremely harmful ,
[00:11:03.000 --> 00:11:05.000] economically destructive ,
[00:11:05.000 --> 00:11:08.000] and for that we will be paying for it for years to come .
[00:11:08.000 --> 00:11:11.000] It is much easier to deal with a puzzle like that ,
[00:11:11.000 --> 00:11:13.000] with 60 billion and so on ,
[00:11:13.000 --> 00:11:16.000] than the fact that the number of entrepreneurs in the country will fall ,
[00:11:16.000 --> 00:11:19.000] the number of economic departments will fall ,
[00:11:19.000 --> 00:11:21.000] and in this place , you know ,
[00:11:21.000 --> 00:11:22.000] the nature is quite empty .
[00:11:22.000 --> 00:11:23.000] Do you know who will enter ?
[00:11:23.000 --> 00:11:24.000] Those companies that did not go bankrupt ,
[00:11:24.000 --> 00:11:26.000] that is , foreign ones .
[00:11:26.000 --> 00:11:29.000] If someone makes you bleed ,
[00:11:29.000 --> 00:11:31.000] money is flowing abroad ,
[00:11:31.000 --> 00:11:35.000] you are slowly killing your own country , your own citizens .
[00:11:35.000 --> 00:11:38.000] Mr . Mar ius z , but the situation was really special .
[00:11:38.000 --> 00:11:42.000] How did the governments of other countries behave in this situation ?
[00:11:42.000 --> 00:11:44.000] Were we an exception or were we in the mass ?
[00:11:44.000 --> 00:11:47.000] We were definitely in the mass .
[00:11:47.000 --> 00:11:49.000] For some reason , all countries
[00:11:49.000 --> 00:11:53.000] suddenly started to listen to the orders of people like Bill Gates ,
[00:11:53.000 --> 00:11:57.000] who has no legitimacy to issue any orders ,
[00:11:57.000 --> 00:11:59.000] in no field , by no government ,
[00:11:59.000 --> 00:12:01.000] certainly not in the field of health .
[00:12:01.000 --> 00:12:04.000] It turned out that he was the greatest force
[00:12:04.000 --> 00:12:08.000] behind the " res cue " of the world from the pandemic .
[00:12:08.000 --> 00:12:11.000] Of course , not all countries behaved like that ,
[00:12:11.000 --> 00:12:13.000] and this is also very interesting ,
[00:12:13.000 --> 00:12:15.000] because I know a few cases ,
[00:12:15.000 --> 00:12:17.000] for example , a few African countries ,
[00:12:17.000 --> 00:12:20.000] did not take any vaccines at all ,
[00:12:20.000 --> 00:12:23.000] any lockdown s , any other actions .
[00:12:23.000 --> 00:12:26.000] Such a famous speech of the president of Tanz ania ,
[00:12:26.000 --> 00:12:30.000] who publicly announced in his speech to the nation ,
[00:12:30.000 --> 00:12:34.000] that he sent samples of some goat , pap aya ,
[00:12:34.000 --> 00:12:36.000] some engine oil ,
[00:12:36.000 --> 00:12:38.000] some such absurd things ,
[00:12:38.000 --> 00:12:39.000] to the laboratories ,
[00:12:39.000 --> 00:12:41.000] claiming that these are just cit izens ' samples .
[00:12:41.000 --> 00:12:46.000] And it turned out that these samples were COVID - 19 - pos itive , sir .
[00:12:46.000 --> 00:12:49.000] He did not announce it , he said it was some nonsense ,
[00:12:49.000 --> 00:12:51.000] that he simply does not agree with it ,
[00:12:51.000 --> 00:12:54.000] and does not introduce any lockdown s , and that 's it .
[00:12:54.000 --> 00:12:57.000] I will surprise you that Tanz ania did not die at all .
[00:12:57.000 --> 00:13:00.000] Mr . Mar ius z , I have data here
[00:13:00.000 --> 00:13:02.000] about deaths in Africa globally .
[00:13:02.000 --> 00:13:06.000] 260 , 000 people died of COVID - 19 .
[00:13:06.000 --> 00:13:08.000] This is 8 times less than in Europe ,
[00:13:08.000 --> 00:13:12.000] which is a half a billion less - n um ber ed continent .
[00:13:12.000 --> 00:13:15.000] Weird . Weird , but let 's continue the topic in the third part .
[00:13:15.000 --> 00:13:16.000] I invite you to the break .
[00:13:16.000 --> 00:13:18.000] P ARR OT TV
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[00:13:22.000 --> 00:13:24.000] P ARR OT TV
[00:13:24.000 --> 00:13:26.000] Parr ot TV
[00:13:26.000 --> 00:13:28.000] Parr ot TV
[00:13:28.000 --> 00:13:30.000] Parr ot TV
[00:13:30.000 --> 00:13:32.000] Parr ot TV
[00:13:32.000 --> 00:13:34.000] Parr ot TV
[00:13:34.000 --> 00:13:36.000] Parr ot TV
[00:13:36.000 --> 00:13:38.000] Parr ot TV
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[00:13:42.000 --> 00:13:44.000] Parr ot TV
[00:13:44.000 --> 00:13:46.000] Parr ot TV
[00:13:46.000 --> 00:13:48.000] Parr ot TV
[00:13:48.000 --> 00:13:50.000] What is going on , Mr . Mar ius z ?
[00:13:50.000 --> 00:13:53.000] Mar ius z Stef ani ak , economist , financi er ,
[00:13:53.000 --> 00:13:55.000] our expert , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:13:55.000 --> 00:13:57.000] Today we are talking about the pandemic .
[00:13:57.000 --> 00:13:58.000] We are talking calmly .
[00:13:58.000 --> 00:14:01.000] Two years have passed since the pandemic ended ,
[00:14:01.000 --> 00:14:04.000] so we can summarize it .
[00:14:04.000 --> 00:14:06.000] During the pandemic , the government has tried several times ,
[00:14:06.000 --> 00:14:09.000] in various laws , to introduce articles
[00:14:09.000 --> 00:14:13.000] that release officials , people making financial decisions
[00:14:13.000 --> 00:14:16.000] from responsibility , criminal responsibility ,
[00:14:16.000 --> 00:14:19.000] meaning that they act in the interest of society
[00:14:19.000 --> 00:14:21.000] and counter act the epidemic .
[00:14:21.000 --> 00:14:22.000] There are situations , such as the war ,
[00:14:22.000 --> 00:14:25.000] which require special mobil ization ,
[00:14:25.000 --> 00:14:27.000] special treatment of the law ,
[00:14:27.000 --> 00:14:28.000] the law is actually suspended .
[00:14:28.000 --> 00:14:30.000] Was the imp unity needed in the pandemic
[00:14:30.000 --> 00:14:33.000] to recognize that the authorities are acting
[00:14:33.000 --> 00:14:34.000] in a state of higher necessity ,
[00:14:34.000 --> 00:14:36.000] in a state of threat to the existence of society ?
[00:14:36.000 --> 00:14:38.000] I don 't know , I 'm not an epidemi ologist .
[00:14:38.000 --> 00:14:41.000] I can only speak , as I said ,
[00:14:41.000 --> 00:14:44.000] about the closure of businesses
[00:14:44.000 --> 00:14:46.000] and I know it was destructive .
[00:14:46.000 --> 00:14:48.000] I also know , as an economist ,
[00:14:48.000 --> 00:14:50.000] that at exactly the same time ,
[00:14:50.000 --> 00:14:52.000] the richest people in the world
[00:14:52.000 --> 00:14:54.000] became as rich as never before .
[00:14:54.000 --> 00:14:58.000] Some of them almost doubled their entire income
[00:14:58.000 --> 00:15:00.000] during the pandemic ,
[00:15:00.000 --> 00:15:02.000] like Jeff Be zos from Amazon .
[00:15:02.000 --> 00:15:04.000] At the same time , most businesses
[00:15:04.000 --> 00:15:06.000] fell or fell .
[00:15:06.000 --> 00:15:07.000] What you mentioned ,
[00:15:07.000 --> 00:15:10.000] that the government was trying hard
[00:15:10.000 --> 00:15:13.000] to prevent the spread of the virus ,
[00:15:13.000 --> 00:15:15.000] to prevent the spread of the virus ,
[00:15:15.000 --> 00:15:17.000] to prevent the spread of the virus ,
[00:15:17.000 --> 00:15:19.000] to prevent the spread of the virus ,
[00:15:19.000 --> 00:15:21.000] to prevent the spread of the virus ,
[00:15:21.000 --> 00:15:23.000] to prevent the spread of the virus ,
[00:15:23.000 --> 00:15:25.000] to prevent the spread of the virus ,
[00:15:25.000 --> 00:15:27.000] to prevent the spread of the virus ,
[00:15:27.000 --> 00:15:29.000] to prevent the spread of the virus ,
[00:15:29.000 --> 00:15:31.000] to prevent the spread of the virus ,
[00:15:31.000 --> 00:15:33.000] to prevent the spread of the virus ,
[00:15:33.000 --> 00:15:35.000] to prevent the spread of the virus ,
[00:15:35.000 --> 00:15:37.000] to prevent the spread of the virus ,
[00:15:37.000 --> 00:15:39.000] to prevent the spread of the virus ,
[00:15:39.000 --> 00:15:41.000] to prevent the spread of the virus ,
[00:15:41.000 --> 00:15:43.000] to prevent the spread of the virus ,
[00:15:43.000 --> 00:15:45.000] to prevent the spread of the virus ,
[00:15:45.000 --> 00:15:47.000] to prevent the spread of the virus ,
[00:15:47.000 --> 00:15:49.000] to prevent the spread of the virus ,
[00:15:49.000 --> 00:15:51.000] to prevent the spread of the virus ,
[00:15:51.000 --> 00:15:53.000] to prevent the spread of the virus ,
[00:15:53.000 --> 00:15:55.000] to prevent the spread of the virus ,
[00:15:55.000 --> 00:15:57.000] to prevent the spread of the virus ,
[00:15:57.000 --> 00:15:59.000] to prevent the spread of the virus ,
[00:15:59.000 --> 00:16:01.000] to prevent the spread of the virus ,
[00:16:01.000 --> 00:16:03.000] to prevent the spread of the virus ,
[00:16:03.000 --> 00:16:05.000] to prevent the spread of the virus ,
[00:16:05.000 --> 00:16:07.000] to prevent the spread of the virus ,
[00:16:07.000 --> 00:16:09.000] to prevent the spread of the virus ,
[00:16:09.000 --> 00:16:11.000] to prevent the spread of the virus ,
[00:16:11.000 --> 00:16:13.000] to prevent the spread of the virus ,
[00:16:13.000 --> 00:16:15.000] to prevent the spread of the virus ,
[00:16:15.000 --> 00:16:17.000] to prevent the spread of the virus ,
[00:16:17.000 --> 00:16:19.000] to prevent the spread of the virus ,
[00:16:19.000 --> 00:16:21.000] to prevent the spread of the virus ,
[00:16:21.000 --> 00:16:23.000] to prevent the spread of the virus ,
[00:16:23.000 --> 00:16:25.000] to prevent the spread of the virus ,
[00:16:25.000 --> 00:16:27.000] to prevent the spread of the virus ,
[00:16:27.000 --> 00:16:29.000] to prevent the spread of the virus ,
[00:16:29.000 --> 00:16:31.000] to prevent the spread of the virus ,
[00:16:31.000 --> 00:16:33.000] to prevent the spread of the virus ,
[00:16:33.000 --> 00:16:35.000] to prevent the spread of the virus ,
[00:16:35.000 --> 00:16:37.000] to prevent the spread of the virus ,
[00:16:37.000 --> 00:16:39.000] to prevent the spread of the virus ,
[00:16:39.000 --> 00:16:41.000] to prevent the spread of the virus ,
[00:16:41.000 --> 00:16:43.000] to prevent the spread of the virus ,
[00:16:43.000 --> 00:16:45.000] to prevent the spread of the virus ,
[00:16:45.000 --> 00:16:47.000] to prevent the spread of the virus ,
[00:16:47.000 --> 00:16:49.000] to prevent the spread of the virus ,
[00:16:49.000 --> 00:16:51.000] to prevent the spread of the virus ,
[00:16:51.000 --> 00:16:53.000] to prevent the spread of the virus ,
[00:16:53.000 --> 00:16:55.000] to prevent the spread of the virus ,
[00:16:55.000 --> 00:16:57.000] to prevent the spread of the virus ,
[00:16:57.000 --> 00:16:59.000] to prevent the spread of the virus ,
[00:16:59.000 --> 00:17:01.000] to prevent the spread of the virus ,
[00:17:01.000 --> 00:17:03.000] to prevent the spread of the virus ,
[00:17:03.000 --> 00:17:05.000] to prevent the spread of the virus ,
[00:17:05.000 --> 00:17:07.000] to prevent the spread of the virus ,
[00:17:07.000 --> 00:17:09.000] to prevent the spread of the virus ,
[00:17:09.000 --> 00:17:11.000] to prevent the spread of the virus ,
[00:17:11.000 --> 00:17:13.000] to prevent the spread of the virus ,
[00:17:13.000 --> 00:17:15.000] to prevent the spread of the virus ,
[00:17:15.000 --> 00:17:17.000] to prevent the spread of the virus ,
[00:17:17.000 --> 00:17:19.000] to prevent the spread of the virus ,
[00:17:19.000 --> 00:17:21.000] to prevent the spread of the virus ,
[00:17:21.000 --> 00:17:23.000] to prevent the spread of the virus ,
[00:17:23.000 --> 00:17:25.000] to prevent the spread of the virus ,
[00:17:25.000 --> 00:17:27.000] to prevent the spread of the virus ,
[00:17:27.000 --> 00:17:29.000] to prevent the spread of the virus ,
[00:17:29.000 --> 00:17:31.000] to prevent the spread of the virus ,
[00:17:31.000 --> 00:17:33.000] to prevent the spread of the virus ,
[00:17:33.000 --> 00:17:35.000] to prevent the spread of the virus ,
[00:17:35.000 --> 00:17:37.000] to prevent the spread of the virus ,
[00:17:37.000 --> 00:17:39.000] to prevent the spread of the virus ,
[00:17:39.000 --> 00:17:41.000] to prevent the spread of the virus ,
[00:17:41.000 --> 00:17:43.000] to prevent the spread of the virus ,
[00:17:43.000 --> 00:17:45.000] to prevent the spread of the virus ,
[00:17:45.000 --> 00:17:47.000] to prevent the spread of the virus ,
[00:17:47.000 --> 00:17:49.000] to prevent the spread of the virus ,
[00:17:49.000 --> 00:17:51.000] to prevent the spread of the virus ,
[00:17:51.000 --> 00:17:53.000] to prevent the spread of the virus ,
[00:17:53.000 --> 00:17:55.000] to prevent the spread of the virus ,
[00:17:55.000 --> 00:17:57.000] to prevent the spread of the virus ,
[00:17:57.000 --> 00:17:59.000] to prevent the spread of the virus ,
[00:17:59.000 --> 00:18:01.000] to prevent the spread of the virus ,
[00:18:01.000 --> 00:18:03.000] to prevent the spread of the virus ,
[00:18:03.000 --> 00:18:05.000] to prevent the spread of the virus ,
[00:18:05.000 --> 00:18:07.000] to prevent the spread of the virus ,
[00:18:07.000 --> 00:18:09.000] to prevent the spread of the virus ,
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[00:18:23.000 --> 00:18:25.000] to prevent the spread of the virus ,
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[00:18:27.000 --> 00:18:29.000] to prevent the spread of the virus ,
[00:18:29.000 --> 00:18:31.000] to prevent the spread of the virus ,
[00:18:31.000 --> 00:18:33.000] to prevent the spread of the virus ,
[00:18:33.000 --> 00:18:35.000] to prevent the spread of the virus ,
[00:18:35.000 --> 00:18:37.000] to prevent the spread of the virus ,
[00:18:37.000 --> 00:18:39.000] to prevent the spread of the virus ,
[00:18:39.000 --> 00:18:41.000] to prevent the spread of the virus ,
[00:18:41.000 --> 00:18:43.000] to prevent the spread of the virus ,
[00:18:43.000 --> 00:18:45.000] to prevent the spread of the virus ,
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[00:19:01.000 --> 00:19:03.000] to prevent the spread of the virus ,
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[00:19:05.000 --> 00:19:07.000] to prevent the spread of the virus ,
[00:19:07.000 --> 00:19:09.000] to prevent the spread of the virus ,
[00:19:09.000 --> 00:19:11.000] to prevent the spread of the virus ,
[00:19:11.000 --> 00:19:13.000] to prevent the spread of the virus ,
[00:19:13.000 --> 00:19:15.000] to prevent the spread of the virus ,
[00:19:15.000 --> 00:19:17.000] to prevent the spread of the virus ,
[00:19:17.000 --> 00:19:19.000] to prevent the spread of the virus ,
[00:19:19.000 --> 00:19:21.000] to prevent the spread of the virus ,
[00:19:21.000 --> 00:19:23.000] to prevent the spread of the virus ,
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[00:19:31.000 --> 00:19:33.000] to prevent the spread of the virus ,
[00:19:33.000 --> 00:19:35.000] to prevent the spread of the virus ,
[00:19:35.000 --> 00:19:37.000] to prevent the spread of the virus ,
[00:19:37.000 --> 00:19:39.000] to prevent the spread of the virus ,
[00:19:39.000 --> 00:19:41.000] to prevent the spread of the virus ,
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[00:20:13.000 --> 00:20:15.000] to prevent the spread of the virus ,
[00:20:15.000 --> 00:20:17.000] to prevent the spread of the virus ,
[00:20:17.000 --> 00:20:19.000] to prevent the spread of the virus ,
[00:20:19.000 --> 00:20:21.000] to prevent the spread of the virus ,
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[00:20:23.000 --> 00:20:25.000] to prevent the spread of the virus ,
[00:20:25.000 --> 00:20:27.000] to prevent the spread of the virus ,
[00:20:27.000 --> 00:20:29.000] to prevent the spread of the virus ,
[00:20:29.000 --> 00:20:31.000] to prevent the spread of the virus ,
[00:20:31.000 --> 00:20:33.000] to prevent the spread of the virus ,
[00:20:33.000 --> 00:20:35.000] to prevent the spread of the virus ,
[00:20:35.000 --> 00:20:37.000] to prevent the spread of the virus ,
[00:20:37.000 --> 00:20:39.000] to prevent the spread of the virus ,
[00:20:39.000 --> 00:20:41.000] to prevent the spread of the virus ,
[00:20:41.000 --> 00:20:43.000] to prevent the spread of the virus ,
[00:20:43.000 --> 00:20:45.000] to prevent the spread of the virus ,
[00:20:45.000 --> 00:20:47.000] to prevent the spread of the virus ,
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[00:20:49.000 --> 00:20:51.000] to prevent the spread of the virus ,
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's up , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear again ?
[00:00:12.000 --> 00:00:14.000] Actually , I saw this time .
[00:00:14.000 --> 00:00:16.000] Actually , we all saw winter outside the window .
[00:00:16.000 --> 00:00:18.000] When it starts to get cold ,
[00:00:18.000 --> 00:00:20.000] it 's like people start
[00:00:20.000 --> 00:00:22.000] thinking about heating .
[00:00:22.000 --> 00:00:24.000] They are interested in how much energy
[00:00:24.000 --> 00:00:26.000] and coal carriers cost , etc .
[00:00:26.000 --> 00:00:28.000] Exactly a year ago ,
[00:00:28.000 --> 00:00:30.000] we had an a ud ition about the price shock
[00:00:30.000 --> 00:00:32.000] which started to
[00:00:32.000 --> 00:00:34.000] spread after Russian
[00:00:34.000 --> 00:00:36.000] coal and gas supplies
[00:00:36.000 --> 00:00:38.000] were cut off to Poland .
[00:00:38.000 --> 00:00:40.000] A year ago , coal prices
[00:00:40.000 --> 00:00:42.000] exceeded 3000 PL N per ton .
[00:00:42.000 --> 00:00:44.000] Now , the price of coal has dropped .
[00:00:44.000 --> 00:00:46.000] The situation has cal med down .
[00:00:46.000 --> 00:00:48.000] No one is talking about the shock .
[00:00:48.000 --> 00:00:50.000] Co al can be bought for less than 2000 PL N .
[00:00:50.000 --> 00:00:52.000] What 's the deal ? How to explain this drop ?
[00:00:52.000 --> 00:00:54.000] We didn 't stop importing from Russia .
[00:00:54.000 --> 00:00:56.000] Of course not .
[00:00:56.000 --> 00:00:58.000] We can say that it was a miracle .
[00:00:58.000 --> 00:01:00.000] Or what we revealed to the viewers
[00:01:00.000 --> 00:01:02.000] is a real reason .
[00:01:02.000 --> 00:01:04.000] Let 's remind ourselves
[00:01:04.000 --> 00:01:06.000] that the whole fuel and energy business
[00:01:06.000 --> 00:01:08.000] is entirely in the hands of the governments
[00:01:08.000 --> 00:01:10.000] and mega - rich people
[00:01:10.000 --> 00:01:12.000] from all over the world .
[00:01:12.000 --> 00:01:14.000] They are the only ones
[00:01:14.000 --> 00:01:16.000] who have enough money and connections
[00:01:16.000 --> 00:01:18.000] to influence politicians
[00:01:18.000 --> 00:01:20.000] and the media .
[00:01:20.000 --> 00:01:22.000] And they are the ones who create
[00:01:22.000 --> 00:01:24.000] all the regulations and views
[00:01:24.000 --> 00:01:26.000] of almost all people .
[00:01:26.000 --> 00:01:28.000] For example , all the noise
[00:01:28.000 --> 00:01:30.000] about this one war in the East
[00:01:30.000 --> 00:01:32.000] is not justified
[00:01:32.000 --> 00:01:34.000] by anything but the fact
[00:01:34.000 --> 00:01:36.000] that someone cares
[00:01:36.000 --> 00:01:38.000] to launch this war .
[00:01:38.000 --> 00:01:40.000] Many wars are taking place
[00:01:40.000 --> 00:01:42.000] at the same time in the world .
[00:01:42.000 --> 00:01:44.000] New sp apers and TV and media
[00:01:44.000 --> 00:01:46.000] don 't talk about it .
[00:01:46.000 --> 00:01:48.000] Let 's add that this war
[00:01:48.000 --> 00:01:50.000] is quite far away .
[00:01:50.000 --> 00:01:52.000] Let 's add that there is the famous
[00:01:52.000 --> 00:01:54.000] coal mine in the East
[00:01:54.000 --> 00:01:56.000] and the huge mining industry .
[00:01:56.000 --> 00:01:58.000] Let 's add that all those areas
[00:01:58.000 --> 00:02:00.000] were transferred to Ukraine
[00:02:00.000 --> 00:02:02.000] in 1954 .
[00:02:02.000 --> 00:02:04.000] And now , ladies and gentlemen ,
[00:02:04.000 --> 00:02:06.000] suddenly someone explains to us
[00:02:06.000 --> 00:02:08.000] that the collapse of our economy
[00:02:08.000 --> 00:02:10.000] just ifies some conflict
[00:02:10.000 --> 00:02:12.000] far from here .
[00:02:12.000 --> 00:02:14.000] For you to be aware .
[00:02:14.000 --> 00:02:16.000] Someone motivates you in the media
[00:02:16.000 --> 00:02:18.000] that the price can jump twice
[00:02:18.000 --> 00:02:20.000] or fall , as you said now ,
[00:02:20.000 --> 00:02:22.000] and there is no real economic reason
[00:02:22.000 --> 00:02:24.000] for it .
[00:02:24.000 --> 00:02:26.000] The amount of coal has increased in the world .
[00:02:26.000 --> 00:02:28.000] Why are these crazy things happening ?
[00:02:28.000 --> 00:02:30.000] You earn money only
[00:02:30.000 --> 00:02:32.000] when there are
[00:02:32.000 --> 00:02:34.000] rapid jumps and falls .
[00:02:34.000 --> 00:02:36.000] With stable exchange rates
[00:02:36.000 --> 00:02:38.000] and stable prices
[00:02:38.000 --> 00:02:40.000] profits are small or none .
[00:02:40.000 --> 00:02:42.000] Of course , to speculate
[00:02:42.000 --> 00:02:44.000] about the world prices of energy
[00:02:44.000 --> 00:02:46.000] or coal , one crazy person
[00:02:46.000 --> 00:02:48.000] can do it .
[00:02:48.000 --> 00:02:50.000] Putting everything on one evil
[00:02:50.000 --> 00:02:52.000] is a typical political trick
[00:02:52.000 --> 00:02:54.000] you see on a daily basis .
[00:02:54.000 --> 00:02:56.000] This party is evil , but ours is great .
[00:02:56.000 --> 00:02:58.000] But no party is great .
[00:02:58.000 --> 00:03:00.000] Because there are people there .
[00:03:00.000 --> 00:03:02.000] And people are great by definition .
[00:03:02.000 --> 00:03:04.000] You can launch someone
[00:03:04.000 --> 00:03:06.000] in the media .
[00:03:06.000 --> 00:03:08.000] But it requires a lot of lies .
[00:03:08.000 --> 00:03:10.000] These lies , of course , appear ,
[00:03:10.000 --> 00:03:12.000] then they come out .
[00:03:12.000 --> 00:03:14.000] There is a lot of manipulation ,
[00:03:14.000 --> 00:03:16.000] a lot of speculation , a lot of lies .
[00:03:16.000 --> 00:03:18.000] I have seen the profit of a very
[00:03:18.000 --> 00:03:20.000] narrow group of people
[00:03:20.000 --> 00:03:22.000] who control the most
[00:03:22.000 --> 00:03:24.000] profitable businesses in the world .
[00:03:24.000 --> 00:03:26.000] You never have access to them .
[00:03:26.000 --> 00:03:28.000] Because none of you ,
[00:03:28.000 --> 00:03:30.000] even if you have land with coal
[00:03:30.000 --> 00:03:32.000] or coal , will ever earn money
[00:03:32.000 --> 00:03:34.000] because you can 't .
[00:03:34.000 --> 00:03:36.000] Mr . Mar ys z un , but since we are
[00:03:36.000 --> 00:03:38.000] dealing with speculation , as consumers
[00:03:38.000 --> 00:03:40.000] in a sense , we participate in this
[00:03:40.000 --> 00:03:42.000] procedure or in this speculation .
[00:03:42.000 --> 00:03:44.000] We must admit that we have fallen into panic .
[00:03:44.000 --> 00:03:46.000] I recently talked to a wholes aler
[00:03:46.000 --> 00:03:48.000] who deals with coal trade .
[00:03:48.000 --> 00:03:50.000] He said that he currently
[00:03:50.000 --> 00:03:52.000] has full coal ware houses .
[00:03:52.000 --> 00:03:54.000] Because Pol es bought
[00:03:54.000 --> 00:03:56.000] last year for a reserve .
[00:03:56.000 --> 00:03:58.000] Now they have bas ements filled with coal
[00:03:58.000 --> 00:04:00.000] and they don 't buy the coal he has ready .
[00:04:00.000 --> 00:04:02.000] The wholes aler is waiting for the
[00:04:02.000 --> 00:04:04.000] home stocks to run out , because he hopes
[00:04:04.000 --> 00:04:06.000] that then the demand will return .
[00:04:06.000 --> 00:04:08.000] Will he wait for some normal ization of the situation ?
[00:04:08.000 --> 00:04:10.000] People behaved like a typical
[00:04:10.000 --> 00:04:12.000] nov ice trader .
[00:04:12.000 --> 00:04:14.000] They bought on the so - called " up side "
[00:04:14.000 --> 00:04:16.000] when the price is the highest
[00:04:16.000 --> 00:04:18.000] and sell when it is at the bottom .
[00:04:18.000 --> 00:04:20.000] So the price is the lowest .
[00:04:20.000 --> 00:04:22.000] Someone made money on this difference .
[00:04:22.000 --> 00:04:24.000] If the price was 3 , 500 - 4 , 000
[00:04:24.000 --> 00:04:26.000] and now it is 2 , 000
[00:04:26.000 --> 00:04:28.000] then someone has 100 % profit .
[00:04:28.000 --> 00:04:30.000] So he had 1 million , he has 2 million .
[00:04:30.000 --> 00:04:32.000] He had 100 million , he has 200 million .
[00:04:32.000 --> 00:04:34.000] He has a billion , he has 2 billion .
[00:04:34.000 --> 00:04:36.000] Do you understand how it is multiplied nicely ?
[00:04:36.000 --> 00:04:38.000] If you have 100 z lot ys in your pocket and you earn 100 %,
[00:04:38.000 --> 00:04:40.000] you have 200 z lot ys .
[00:04:40.000 --> 00:04:42.000] He has a billion dollars and during the year
[00:04:42.000 --> 00:04:44.000] he has 200 billion dollars .
[00:04:44.000 --> 00:04:46.000] Mr . Mar ys iu , let 's remind
[00:04:46.000 --> 00:04:48.000] that before the outbreak of the war in Ukraine
[00:04:48.000 --> 00:04:50.000] a ton of coal could be bought for 400 z lot ys .
[00:04:50.000 --> 00:04:52.000] So basically this jump
[00:04:52.000 --> 00:04:54.000] in a year or in two years
[00:04:54.000 --> 00:04:56.000] is multiple .
[00:04:56.000 --> 00:04:58.000] Do we have a chance that the price will ever return
[00:04:58.000 --> 00:05:00.000] to this level of 400 z lot ys per ton ?
[00:05:00.000 --> 00:05:02.000] 100 dollars per ton ?
[00:05:02.000 --> 00:05:04.000] Why should I fall to this level , sir ?
[00:05:04.000 --> 00:05:06.000] It used to be like that .
[00:05:06.000 --> 00:05:08.000] You know what ? Once the fuel
[00:05:08.000 --> 00:05:10.000] was about 4 z lot ys before the COVID - 19
[00:05:10.000 --> 00:05:12.000] in 2018 , sir .
[00:05:12.000 --> 00:05:14.000] I don 't think he will find fuel
[00:05:14.000 --> 00:05:16.000] for 4 z lot ys now .
[00:05:16.000 --> 00:05:18.000] What happened to the world fuel prices
[00:05:18.000 --> 00:05:20.000] for the last few years ?
[00:05:20.000 --> 00:05:22.000] We also had an audition
[00:05:22.000 --> 00:05:24.000] when I was explaining
[00:05:24.000 --> 00:05:26.000] the price of coal in the world .
[00:05:26.000 --> 00:05:28.000] I explained that there is a group of people ,
[00:05:28.000 --> 00:05:30.000] for example the so - called O PE C countries ,
[00:05:30.000 --> 00:05:32.000] who sit at the table
[00:05:32.000 --> 00:05:34.000] and decide what the production will be like ,
[00:05:34.000 --> 00:05:36.000] in short , what the price will be .
[00:05:36.000 --> 00:05:38.000] They can do any production ,
[00:05:38.000 --> 00:05:40.000] 10 times that .
[00:05:40.000 --> 00:05:42.000] It 's not a problem for them .
[00:05:42.000 --> 00:05:44.000] I guarantee you that today 's prices
[00:05:44.000 --> 00:05:46.000] are based only
[00:05:46.000 --> 00:05:48.000] on the fact that a group of rich guys
[00:05:48.000 --> 00:05:50.000] agreed that it will be expensive
[00:05:50.000 --> 00:05:52.000] and that they produce little .
[00:05:52.000 --> 00:05:54.000] Do you remember , sir ,
[00:05:54.000 --> 00:05:56.000] that you don 't remember
[00:05:56.000 --> 00:05:58.000] that all these prices ,
[00:05:58.000 --> 00:06:00.000] for example , fuel prices ,
[00:06:00.000 --> 00:06:02.000] fuel prices ,
[00:06:02.000 --> 00:06:04.000] fell to zero at some point ,
[00:06:04.000 --> 00:06:06.000] so you could buy
[00:06:06.000 --> 00:06:08.000] thousands of tons of fuel
[00:06:08.000 --> 00:06:10.000] literally for 0 z lot ys .
[00:06:10.000 --> 00:06:12.000] I 'm just saying ,
[00:06:12.000 --> 00:06:14.000] only the richest could benefit from it ,
[00:06:14.000 --> 00:06:16.000] ladies and gentlemen .
[00:06:16.000 --> 00:06:18.000] If someone has the opportunity
[00:06:18.000 --> 00:06:20.000] to make a lot of money ,
[00:06:20.000 --> 00:06:22.000] to make a contact , to get some knowledge ,
[00:06:22.000 --> 00:06:24.000] then on these jumps ,
[00:06:24.000 --> 00:06:26.000] that fuel cost 4 z lot ys ,
[00:06:26.000 --> 00:06:28.000] then it cost 12 z lot ys ,
[00:06:28.000 --> 00:06:30.000] I remember , at the stations in Poland ,
[00:06:30.000 --> 00:06:32.000] these are the things that really
[00:06:32.000 --> 00:06:34.000] make a difference .
[00:06:34.000 --> 00:06:36.000] Three elements must exist at the same time ,
[00:06:36.000 --> 00:06:38.000] ladies and gentlemen , to make it happen .
[00:06:38.000 --> 00:06:40.000] If there is no one of these elements ,
[00:06:40.000 --> 00:06:42.000] the whole business will not work .
[00:06:42.000 --> 00:06:44.000] So , always pay attention to all these things ,
[00:06:44.000 --> 00:06:46.000] these conflicts , all these jumps ,
[00:06:46.000 --> 00:06:48.000] these refugees , eco - cra z iness .
[00:06:48.000 --> 00:06:50.000] There is always something like this .
[00:06:50.000 --> 00:06:52.000] There are officials , politicians , the government ,
[00:06:52.000 --> 00:06:54.000] there are media ,
[00:06:54.000 --> 00:06:56.000] and there are super - rich people
[00:06:56.000 --> 00:06:58.000] who make money on it .
[00:06:58.000 --> 00:07:00.000] We can always show these three elements
[00:07:00.000 --> 00:07:02.000] working together for one purpose .
[00:07:02.000 --> 00:07:04.000] And now , if these billion aires
[00:07:04.000 --> 00:07:06.000] suddenly get rich with these hundreds of billions of dollars ,
[00:07:06.000 --> 00:07:08.000] then they take your money
[00:07:08.000 --> 00:07:10.000] and there is no other way .
[00:07:10.000 --> 00:07:12.000] Because someone needs to take this money .
[00:07:12.000 --> 00:07:14.000] Just like in the stock exchange .
[00:07:14.000 --> 00:07:16.000] Someone has to lose , ladies and gentlemen ,
[00:07:16.000 --> 00:07:18.000] the stock market notes , so that someone can get it .
[00:07:18.000 --> 00:07:20.000] There is no other way to make money in the stock exchange .
[00:07:20.000 --> 00:07:22.000] If someone is happy , someone has to cry , ladies and gentlemen .
[00:07:22.000 --> 00:07:24.000] After the break , we will return to the energy market discussion .
[00:07:24.000 --> 00:07:26.000] Energy market discussion
[00:07:28.000 --> 00:07:30.000] Energy market discussion
[00:07:30.000 --> 00:07:32.000] Energy market discussion
[00:07:32.000 --> 00:07:34.000] Energy market discussion
[00:07:34.000 --> 00:07:36.000] Energy market discussion
[00:07:36.000 --> 00:07:38.000] Energy market discussion
[00:07:38.000 --> 00:07:40.000] Energy market discussion
[00:07:40.000 --> 00:07:42.000] Energy market discussion
[00:07:42.000 --> 00:07:44.000] Energy market discussion
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[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:09.500] What 's the deal , Mr . Mar ius z ?
[00:00:09.500 --> 00:00:11.500] What did you hear there again ?
[00:00:11.500 --> 00:00:14.500] I wanted to persuade you today to talk about the situation of farmers ,
[00:00:14.500 --> 00:00:17.000] because I was looking at the latest data of the B US
[00:00:17.000 --> 00:00:21.000] and I was surprised , because the price of wheat in Sk up ie in the last year has fallen
[00:00:21.000 --> 00:00:25.500] at least in our province , but I suspect that in the whole country , by 40 %.
[00:00:25.500 --> 00:00:29.000] It is cheaper by almost half a year .
[00:00:29.000 --> 00:00:35.000] The farmer will also earn less than a year ago , selling cattle , slightly , 5 %, but less .
[00:00:35.000 --> 00:00:37.500] The crop fell by 15 %.
[00:00:37.500 --> 00:00:42.500] For the milk of cow farmers , they will get 25 % less than a year ago .
[00:00:42.500 --> 00:00:46.500] Only potatoes and wheat were rising , but it was within the limits of inflation ,
[00:00:46.500 --> 00:00:50.000] so it was not really like that .
[00:00:50.000 --> 00:00:53.500] How can you function with such a drop in income ?
[00:00:53.500 --> 00:01:00.000] You can function , as you can see , but I think it would be worth pointing out some aspects
[00:01:00.000 --> 00:01:03.500] that may not come to the listeners right away .
[00:01:03.500 --> 00:01:06.000] Mar ius z Stef ani ak , economic and financial economist .
[00:01:06.000 --> 00:01:09.000] Today we are talking about farmers , about difficult agricultural business .
[00:01:09.000 --> 00:01:13.000] If you take into account what resulted from our previous aud itions ,
[00:01:13.000 --> 00:01:17.500] the inflation rate was up to 20 % year on year .
[00:01:17.500 --> 00:01:22.500] If we sum med it up , it would turn out that this inflation is really a lot ,
[00:01:22.500 --> 00:01:24.500] tens of per cents .
[00:01:24.500 --> 00:01:28.500] The second aspect is that all the products you mentioned in the stores
[00:01:28.500 --> 00:01:33.500] have risen many times higher than the inflation rate even indicated .
[00:01:33.500 --> 00:01:37.000] This is a demonstration of this state of agriculture .
[00:01:37.000 --> 00:01:42.500] Food producers , let 's face it , are the most important social group in the country .
[00:01:42.500 --> 00:01:45.000] It seems that no one appreci ates it .
[00:01:45.000 --> 00:01:49.500] Neither the government , nor the customers , nor any voters .
[00:01:49.500 --> 00:01:52.500] No one actually ever asks about agriculture .
[00:01:52.500 --> 00:01:58.500] I have not seen any election campaign for the social masses to be interested in what will be the fate of farmers .
[00:01:58.500 --> 00:02:02.500] What will be the prices of food under the new government ?
[00:02:02.500 --> 00:02:06.500] The question is probably not how farmers can function ,
[00:02:06.500 --> 00:02:09.500] but how we should function in this system .
[00:02:09.500 --> 00:02:14.500] Well , we managed to invite Mr . Pr zem ys? aw W ia n k owski , a farmer ,
[00:02:14.500 --> 00:02:19.500] who owns 120 hect ares , deals with plant and cattle production .
[00:02:19.500 --> 00:02:23.500] Let 's give him a voice , let him tell us what is happening in agriculture now .
[00:02:23.500 --> 00:02:25.500] We , farmers , add to it .
[00:02:25.500 --> 00:02:29.500] P rices are obtained , for example , for wheat .
[00:02:29.500 --> 00:02:33.500] That year , it was even possible to get 1 , 600 - 1 , 700 z lot ys for a ton of wheat .
[00:02:33.500 --> 00:02:38.500] At the moment , it is from 650 to 800 z lot ys , depending on what kind of wheat it is .
[00:02:38.500 --> 00:02:43.500] The production of this wheat has gone up by 300 %.
[00:02:43.500 --> 00:02:49.500] The price of fertil izers has reached and has been maintained at a very high level since that year .
[00:02:49.500 --> 00:02:52.500] Mr . Mar ius z , let 's get back to our conversation .
[00:02:52.500 --> 00:02:55.500] The inhabitants of the city are often associated with wealthy people ,
[00:02:55.500 --> 00:03:01.500] because they see farmers driving modern tract ors for probably over a million z lot ys ,
[00:03:01.500 --> 00:03:08.500] living in new houses , well - equ ipped , basically higher standards than in the city .
[00:03:08.500 --> 00:03:13.500] Does this mean that agriculture should be , or at least was , an income industry ?
[00:03:13.500 --> 00:03:18.500] It is one of the best - e arning industries ,
[00:03:18.500 --> 00:03:22.500] apart from the " go lden three ", which domin ates the world .
[00:03:22.500 --> 00:03:28.500] We are talking about the arms industry , the energy industry and the pharmaceutical industry .
[00:03:28.500 --> 00:03:34.500] You remember that we talked several times about the richest entities in the world .
[00:03:34.500 --> 00:03:39.500] One of them was Black Rock , which we mentioned several times .
[00:03:39.500 --> 00:03:45.500] You will be surprised , but Black Rock also has one of its investment activities .
[00:03:45.500 --> 00:03:52.500] At least 70 % of its assets are invested in the food and processing sector .
[00:03:52.500 --> 00:03:58.500] Und oubtedly , this sector attracts the richest , generates very serious profits ,
[00:03:58.500 --> 00:04:04.500] but in some strange coincidence , these profits go , as usual , to the pockets of the few .
[00:04:04.500 --> 00:04:11.500] Polish agriculture is based on generations , and we have been proud of this , on family farms .
[00:04:11.500 --> 00:04:16.500] The average area of ?? a f arm in Poland is about 12 hect ares .
[00:04:16.500 --> 00:04:22.500] Such a farmer will probably not earn to buy a new tractor for a million or a combine for 1 . 5 million .
[00:04:22.500 --> 00:04:25.500] He will have to pay for hiring such services .
[00:04:25.500 --> 00:04:28.500] I checked the prices during the harvest last year .
[00:04:28.500 --> 00:04:32.500] The service of a combine of a hect are of land was to be paid PL N 600 .
[00:04:32.500 --> 00:04:37.500] PL N 250 for pressing straw on a hect are of agricultural land .
[00:04:37.500 --> 00:04:42.500] If you add the price that farmers received for a ton of wheat ,
[00:04:42.500 --> 00:04:48.500] then about one third of the profits had to be given to the providers , to those who were even hired .
[00:04:48.500 --> 00:04:51.500] This is basically the exploitation of family farms .
[00:04:51.500 --> 00:04:56.500] Indeed , if someone is focused on , for example , grain production ,
[00:04:56.500 --> 00:05:01.500] he practically has no chance of generating any significant profits .
[00:05:01.500 --> 00:05:07.500] Of course , I also know a lot of examples where you can earn a lot of money per hect are ,
[00:05:07.500 --> 00:05:10.500] but here we are talking about completely different things .
[00:05:10.500 --> 00:05:14.500] For example , we are talking about farmers , we are talking about farmers of soft fruits .
[00:05:14.500 --> 00:05:20.500] There were years when you could earn a solid fortune if you had a hect are of rasp berries , cur rants .
[00:05:20.500 --> 00:05:27.500] A farmer is not the one who only eats grain , because in the present times it is rather impossible to get rich .
[00:05:27.500 --> 00:05:32.500] Let 's take into account and analyze the situation of fruit plan ters , which you mention .
[00:05:32.500 --> 00:05:36.500] This year , the minimum wage per hour of work will be PL N 28 .
[00:05:36.500 --> 00:05:40.500] If they have to use the work of seasonal hired workers ,
[00:05:40.500 --> 00:05:45.500] then actually at a price of PL N 15 per kilogram of rasp berries , strawberries ,
[00:05:45.500 --> 00:05:50.500] such a worker only at the third kilogram begins to bring income to the plan ter .
[00:05:50.500 --> 00:05:53.500] I think these golden times you are talking about have already passed .
[00:05:53.500 --> 00:05:55.500] There is a very large specific ity there .
[00:05:55.500 --> 00:06:02.500] In fact , the purchase prices can vary from year to year by 100 %, 200 %, 300 %.
[00:06:02.500 --> 00:06:04.500] So this is a very , very risky industry .
[00:06:04.500 --> 00:06:08.500] So , in fact , if there is a profit , it is a big profit .
[00:06:08.500 --> 00:06:11.500] If there is no profit , you just put it in your own pocket .
[00:06:11.500 --> 00:06:17.500] This is how it works . That 's why the lack of stability in agriculture is a big threat .
[00:06:17.500 --> 00:06:21.500] It requires a lot of knowledge , work and financial input from you .
[00:06:21.500 --> 00:06:26.500] Modern agriculture , modern economy is much more complex .
[00:06:26.500 --> 00:06:29.500] Now a farmer is practically a businessman .
[00:06:29.500 --> 00:06:35.500] He has to be an analyst , he has to be an investor , he has to calculate the risk , he has to predict trends .
[00:06:35.500 --> 00:06:42.500] If he can 't do this , he just gets in trouble , goes bankrupt , has to change his business , get rid of the field .
[00:06:42.500 --> 00:06:45.500] It all carries a lot of risk .
[00:06:45.500 --> 00:06:48.500] In our conditions , there is no such protection for the farmer .
[00:06:48.500 --> 00:06:53.500] We will talk about how the European Union helps or makes life difficult for farmers after the break .
[00:06:54.500 --> 00:06:57.500] P ARR OT TV
[00:06:57.500 --> 00:07:00.500] P ARR OT TV
[00:07:26.500 --> 00:07:28.500] What 's up , Mr . Mar ius z ?
[00:07:28.500 --> 00:07:30.500] Mar ius z Stef ani ak , economist , financi er .
[00:07:30.500 --> 00:07:33.500] Today we are talking about farmers , about difficult agricultural business .
[00:07:33.500 --> 00:07:42.500] I have the impression that the European Union does not facilitate and does not stabilize the conditions in which farmers have to work .
[00:07:42.500 --> 00:07:49.500] For example , farmers often have to build completely new , sl ugg ish farm buildings
[00:07:49.500 --> 00:07:54.500] in order to meet increasing standards for the so - called animal welfare .
[00:07:54.500 --> 00:08:02.500] A year ago , the EU ordered farmers to pl ow 4 % of their land , which also reduces income .
[00:08:02.500 --> 00:08:08.500] By investing , and they have to invest , our farmers are forced to produce more expensive ly
[00:08:08.500 --> 00:08:13.500] or at least they are able to get larger amounts on the market than foreign competition .
[00:08:13.500 --> 00:08:17.500] They are in a much less beneficial situation , to put it mild ly ,
[00:08:17.500 --> 00:08:25.500] than many farmers from many countries , about whom I have information , how they work , what their requirements are , what their rates are .
[00:08:25.500 --> 00:08:31.500] And it 's not even about the famous subsidies , which , as you know , always raise my pressure .
[00:08:31.500 --> 00:08:36.500] Because if you have to pay for something , it means that it is not wise , that it is not financially self - s ufficient .
[00:08:36.500 --> 00:08:39.500] How can food not be finan ced ?
[00:08:39.500 --> 00:08:44.500] I have no greater absurd ity than the statement that food production may not be finan ced .
[00:08:44.500 --> 00:08:48.500] All of humanity exists only for one reason .
[00:08:48.500 --> 00:08:53.500] That we produce the right amount of food , surplus of food .
[00:08:53.500 --> 00:08:57.500] That 's why there is civilization , that 's why we have some technological development ,
[00:08:57.500 --> 00:09:01.500] improvement of lifestyle , development of scientists , liter ati .
[00:09:01.500 --> 00:09:07.500] I strongly oppose any subsidies to food production ,
[00:09:07.500 --> 00:09:10.500] by definition , that it 's just stupid .
[00:09:10.500 --> 00:09:11.500] I have no other word .
[00:09:11.500 --> 00:09:16.500] Mr . Mar ius z , since neighbors abroad do not have to meet such requirements ,
[00:09:16.500 --> 00:09:20.500] concerning , for example , welfare , they are able to produce cheaper ,
[00:09:20.500 --> 00:09:24.500] leaving us with cheaper production , or we will defend ourselves with a sl av e ,
[00:09:24.500 --> 00:09:27.500] or we will pay more to farmers , or farmers will fall .
[00:09:27.500 --> 00:09:33.500] If you want to maintain the organism with such advice ,
[00:09:33.500 --> 00:09:36.500] then this organism will never be healthy .
[00:09:36.500 --> 00:09:42.500] Because there is no prospect of this agriculture being normal , healthy , profitable in Poland .
[00:09:42.500 --> 00:09:47.500] If we take away all subsidies and relief to farmers now ,
[00:09:47.500 --> 00:09:52.500] I suspect that most farmers would simply stop producing ,
[00:09:52.500 --> 00:09:56.500] or in the perspective of two or three years , they would fall into ruin .
[00:09:56.500 --> 00:10:04.500] This means that our whole economy is based on something that does not work , does not function .
[00:10:04.500 --> 00:10:08.500] We know that agriculture is in a catastrophic state ,
[00:10:08.500 --> 00:10:13.500] that we have to support it by force , and without this support it will die .
[00:10:13.500 --> 00:10:16.500] This means that it is in a catastrophic situation .
[00:10:16.500 --> 00:10:19.500] This is the only conclusion that can be drawn from this .
[00:10:19.500 --> 00:10:22.500] It is also absurd ly over reg ulated .
[00:10:22.500 --> 00:10:25.500] When we entered the EU , we were introduced to quot as in agriculture ,
[00:10:25.500 --> 00:10:30.500] which , in my opinion , is an absurd manifestation to the maximum .
[00:10:30.500 --> 00:10:35.500] If someone wants to increase their milk production ,
[00:10:35.500 --> 00:10:37.500] they have to buy a permit .
[00:10:37.500 --> 00:10:39.500] They can 't do it on their own , because they have such possibilities ,
[00:10:39.500 --> 00:10:45.500] but first they have to get a government permit to produce more milk , sugar beet s .
[00:10:45.500 --> 00:10:48.500] How can you function normally in such a situation ?
[00:10:48.500 --> 00:10:49.500] I don 't understand that .
[00:10:49.500 --> 00:10:54.500] What you are describing is a beautiful example of communism .
[00:10:54.500 --> 00:11:01.500] Everything is centr ally controlled , planned , government , state , party knows best what to do ,
[00:11:01.500 --> 00:11:05.500] how much to produce , shoes , bread , etc .
[00:11:05.500 --> 00:11:13.500] This is an exact contradiction of the whole idea of capitalism , free market economy , personal freedom .
[00:11:13.500 --> 00:11:17.500] I 'm sorry , but we live in such a case in the communist system .
[00:11:17.500 --> 00:11:19.500] Nothing has changed .
[00:11:19.500 --> 00:11:24.500] The economy in communism never works .
[00:11:24.500 --> 00:11:29.500] Not only that , history teaches us that every communist system
[00:11:29.500 --> 00:11:33.500] ended at some stage with mass genocide .
[00:11:33.500 --> 00:11:39.500] Very often , with star vation because of communist governments .
[00:11:39.500 --> 00:11:42.500] I wouldn 't like us to be another example in history ,
[00:11:42.500 --> 00:11:49.500] when communist ideals lead to mass star vation and million - year - long star vation deaths .
[00:11:49.500 --> 00:11:52.500] But it doesn 't change the situation , Mr . Mar ius z ,
[00:11:52.500 --> 00:11:56.500] that the structure of our agriculture , based on these poor family farms ,
[00:11:56.500 --> 00:11:59.500] can be simply non - com pet itive , non - l if el ike .
[00:11:59.500 --> 00:12:02.500] Maybe we have to agree that in a few years ,
[00:12:02.500 --> 00:12:09.500] our land will be owned by large farms , not family farms .
[00:12:09.500 --> 00:12:11.500] Why should we agree with that ?
[00:12:11.500 --> 00:12:13.500] It all goes in this direction .
[00:12:13.500 --> 00:12:17.500] The laws of the economy tell us that diversity is the best ,
[00:12:17.500 --> 00:12:21.500] not one mon ar ch , a potent ate , who rules over everyone .
[00:12:21.500 --> 00:12:23.500] It 's not the best , sir .
[00:12:23.500 --> 00:12:27.500] People don 't want to have the same loaf of bread everywhere and always .
[00:12:27.500 --> 00:12:30.500] This is what civil isation al development is about ,
[00:12:30.500 --> 00:12:33.500] that we can generate diversity .
[00:12:33.500 --> 00:12:39.500] Instead of having one type of clothing , you can have 10 , 000 types of clothing .
[00:12:39.500 --> 00:12:42.500] Thanks to the laws of the economy ,
[00:12:42.500 --> 00:12:44.500] suddenly someone says , " Wait a minute , I feel a little better ,
[00:12:44.500 --> 00:12:47.500] I 'd like to eat better , live better , look better ,
[00:12:47.500 --> 00:12:49.500] I 'd like to have a better standard ,
[00:12:49.500 --> 00:12:52.500] I want to have better food than the mass - produ ced one in the shop ."
[00:12:52.500 --> 00:12:57.500] From the farmer , it 's ecological , natural , fresh milk , good quality meat , etc .
[00:12:57.500 --> 00:13:02.500] Then we would talk about such market nich es ,
[00:13:02.500 --> 00:13:05.500] where farmers would have these small farms ,
[00:13:05.500 --> 00:13:08.500] produce high - quality products ,
[00:13:08.500 --> 00:13:12.500] get good prices , very good prices for their production ,
[00:13:12.500 --> 00:13:15.500] and if someone wants to eat a cheap mass - produ ced product ,
[00:13:15.500 --> 00:13:18.500] no one will forbid him .
[00:13:18.500 --> 00:13:20.500] So why is it not so ?
[00:13:20.500 --> 00:13:23.500] Because we are the ones who violate the law of the economy .
[00:13:23.500 --> 00:13:28.500] Through ideology , through explicit regulations , punish ments , sanctions ,
[00:13:28.500 --> 00:13:31.500] we break the law of the economy .
[00:13:31.500 --> 00:13:33.500] If you went to Latin America ,
[00:13:33.500 --> 00:13:36.500] you would see people on the streets selling food ,
[00:13:36.500 --> 00:13:39.500] some cookies baked somewhere in their home ,
[00:13:39.500 --> 00:13:43.500] without any san itary norms , without any permissions .
[00:13:43.500 --> 00:13:46.500] In Poland , it 's totally impossible .
[00:13:46.500 --> 00:13:48.500] A grandmother with a carrot is being chased by the police .
[00:13:48.500 --> 00:13:49.500] You know about it .
[00:13:49.500 --> 00:13:52.500] Because it 's explained , " Listen , for our good ..."
[00:13:52.500 --> 00:13:53.500] It 's not quite like that .
[00:13:53.500 --> 00:13:56.500] If there was no san ep id , we would all die .
[00:13:56.500 --> 00:13:57.500] No , we wouldn 't die .
[00:13:57.500 --> 00:14:00.500] People know where and what product they buy ,
[00:14:00.500 --> 00:14:03.500] whether it 's good , whether it 's poisoned or not .
[00:14:03.500 --> 00:14:05.500] But because we have these restrictions ,
[00:14:05.500 --> 00:14:07.500] we have these imposed rules ,
[00:14:07.500 --> 00:14:08.500] we have these limits ,
[00:14:08.500 --> 00:14:11.500] we have these regulations , permissions , etc .
[00:14:11.500 --> 00:14:13.500] because of that , everything is more expensive .
[00:14:13.500 --> 00:14:17.500] Because of that , such permissions are given by a gigantic international corporation .
[00:14:17.500 --> 00:14:18.500] Because you , as a small farmer ,
[00:14:18.500 --> 00:14:20.500] to get such a certificate ,
[00:14:20.500 --> 00:14:22.500] you have to invest so much money ,
[00:14:22.500 --> 00:14:24.500] that you will never pay it back .
[00:14:24.500 --> 00:14:26.500] Because you are not able to earn money for it .
[00:14:26.500 --> 00:14:28.500] Neither for those lawyers you had to hire ,
[00:14:28.500 --> 00:14:31.500] nor for those research es , nor for following the regulations .
[00:14:31.500 --> 00:14:32.500] You don 't have time for that .
[00:14:32.500 --> 00:14:35.500] That 's why we don 't have good products ,
[00:14:35.500 --> 00:14:39.500] which would be good , cheap , easily available .
[00:14:39.500 --> 00:14:42.500] After the break I will ask you about what is happening in agriculture
[00:14:42.500 --> 00:14:44.500] in other countries of the EU .
[00:14:44.500 --> 00:14:46.500] [ music ]
[00:14:48.500 --> 00:14:50.500] [ music ]
[00:14:50.500 --> 00:15:16.500] [ music ]
[00:15:16.500 --> 00:15:18.500] What is being played , Mr . Mar ius z ?
[00:15:18.500 --> 00:15:21.500] Mar ius z Stef ani ak , economist , financi er
[00:15:21.500 --> 00:15:23.500] and the problems of modern agriculture .
[00:15:23.500 --> 00:15:25.500] Are we doomed to fall
[00:15:25.500 --> 00:15:27.500] of our traditional model of agriculture ?
[00:15:27.500 --> 00:15:30.500] Last year , there was a lot of noise about the protests of Polish farmers ,
[00:15:30.500 --> 00:15:32.500] even on the eastern border .
[00:15:32.500 --> 00:15:34.500] This year , since the beginning of January ,
[00:15:34.500 --> 00:15:37.500] in Germany , farmers are protesting hard ,
[00:15:37.500 --> 00:15:39.500] because the German government wants to limit the relief
[00:15:39.500 --> 00:15:42.500] they have when buying diesel oil .
[00:15:42.500 --> 00:15:45.500] In Poland , farmers also use cheaper fuel .
[00:15:45.500 --> 00:15:47.500] The state returns them 2 z lot ys of the tax .
[00:15:47.500 --> 00:15:49.500] We return to the basic question .
[00:15:49.500 --> 00:15:52.500] Is raising , maintaining various subsidies
[00:15:52.500 --> 00:15:55.500] is just closing the mouths of the protesters ?
[00:15:55.500 --> 00:15:59.500] Can this solve any structural problem ?
[00:15:59.500 --> 00:16:01.500] Polish agriculture is also falling .
[00:16:01.500 --> 00:16:05.500] Even our neighbors abroad are also striking at this point .
[00:16:05.500 --> 00:16:08.500] We , Polish farmers , were striking last year .
[00:16:08.500 --> 00:16:11.500] This situation has been supp r essed a bit ,
[00:16:11.500 --> 00:16:15.500] because various subsidies have been created for our production .
[00:16:15.500 --> 00:16:17.500] As far as I know , these are not subsidies ,
[00:16:17.500 --> 00:16:21.500] these are subsidies paid by our government , corporations .
[00:16:21.500 --> 00:16:23.500] We , farmers , are just in trouble .
[00:16:23.500 --> 00:16:27.500] I think that at this point , farmers have already eaten a little of everything .
[00:16:27.500 --> 00:16:32.500] And even some of them do not have the strength to fight for this economy .
[00:16:32.500 --> 00:16:36.500] The economy is getting less and less every year .
[00:16:36.500 --> 00:16:38.500] Some people just pay a lot of money .
[00:16:38.500 --> 00:16:39.500] Mr . Mar ius z !
[00:16:39.500 --> 00:16:41.500] This is definitely not going to solve anything .
[00:16:41.500 --> 00:16:45.500] It only deep ens what is sick in agriculture .
[00:16:45.500 --> 00:16:47.500] I 'm not talking about Polish agriculture .
[00:16:47.500 --> 00:16:51.500] You see , France , Holland , Canada - they protest everywhere .
[00:16:51.500 --> 00:16:54.500] There are riots everywhere , literally fights with the police .
[00:16:54.500 --> 00:16:58.500] If you look at it so well , you would see two worlds .
[00:16:58.500 --> 00:17:02.500] One world of normal farmers , who are simply over work ed ,
[00:17:02.500 --> 00:17:06.500] being beaten with various regulations , limits , prices ,
[00:17:06.500 --> 00:17:14.500] raising costs , imposing genetically modified varieties on them ,
[00:17:14.500 --> 00:17:17.500] which they can only sow once .
[00:17:17.500 --> 00:17:20.500] Once a farmer could grow his own seed material .
[00:17:20.500 --> 00:17:23.500] Now he has to buy it .
[00:17:23.500 --> 00:17:26.500] Not only that , he can 't buy it anywhere ,
[00:17:26.500 --> 00:17:29.500] because it 's pat ented .
[00:17:29.500 --> 00:17:33.500] This is the property of a very small group of subjects ,
[00:17:33.500 --> 00:17:36.500] people behind it ,
[00:17:36.500 --> 00:17:40.500] who control practically all the seed material in the world .
[00:17:40.500 --> 00:17:47.500] You can see the systematic destruction of family , natural , healthy products
[00:17:47.500 --> 00:17:50.500] on behalf of these mega - g ig a - con c ern s ,
[00:17:50.500 --> 00:17:54.500] who pay politicians , pay campaigns ,
[00:17:54.500 --> 00:17:56.500] pay so - called lobby ists ,
[00:17:56.500 --> 00:18:00.500] who , in my opinion , should be put in prison like criminals .
[00:18:00.500 --> 00:18:03.500] It should be completely banned .
[00:18:03.500 --> 00:18:06.500] It 's just a legal ization of b rib es .
[00:18:06.500 --> 00:18:08.500] I have no other word for it .
[00:18:08.500 --> 00:18:11.500] In Poland , there was also a movement of farmers ,
[00:18:11.500 --> 00:18:15.500] who began to pay attention to the topic of what is not really talked about .
[00:18:15.500 --> 00:18:18.500] That is , that the food we have does not meet any standards .
[00:18:18.500 --> 00:18:21.500] You talk about all those officials and so on .
[00:18:21.500 --> 00:18:23.500] Yes , these offices are .
[00:18:23.500 --> 00:18:26.500] But every now and then , literally every few days ,
[00:18:26.500 --> 00:18:31.500] the amount of products in a large network of stores is simply poisonous .
[00:18:31.500 --> 00:18:35.500] That 's why these big guys have special privileges .
[00:18:35.500 --> 00:18:40.500] If you , as one farmer , did something like that , you didn 't get out of prison .
[00:18:40.500 --> 00:18:45.500] The damage of food is so absurd ly high ,
[00:18:45.500 --> 00:18:48.500] that even most people are not able to imagine it ,
[00:18:48.500 --> 00:18:50.500] that it is even possible .
[00:18:50.500 --> 00:18:54.500] Few of us have access to healthy , fresh , natural food .
[00:18:54.500 --> 00:18:58.500] Farm ers also have to take part in this very dangerous procedure ,
[00:18:58.500 --> 00:19:01.500] because they also want to increase their production .
[00:19:01.500 --> 00:19:05.500] Where they deliberately , completely , consciously break the rules ,
[00:19:05.500 --> 00:19:08.500] literally poisoning their customers .
[00:19:08.500 --> 00:19:11.500] Until we start talking about it in detail ,
[00:19:11.500 --> 00:19:14.500] until we start looking at it , it will probably be as it will be .
[00:19:14.500 --> 00:19:17.500] The problems of agriculture are not the problems of farmers ,
[00:19:17.500 --> 00:19:21.500] but the problems of us , because we will eat it .
[00:19:21.500 --> 00:19:25.500] So maybe we should take better care of the people who produce it .
[00:19:25.500 --> 00:19:27.500] Maybe we should take a closer look at it ,
[00:19:27.500 --> 00:19:30.500] maybe we should take a closer look at those who poison us .
[00:19:30.500 --> 00:19:33.500] This is our life , our health and our money .
[00:19:33.500 --> 00:19:37.500] Mrs . Mar ys ia , the European Union has openly told coal miners
[00:19:37.500 --> 00:19:41.500] that they have a chance to work until 20 49 ,
[00:19:41.500 --> 00:19:44.500] because then it will be actually liquid ated .
[00:19:44.500 --> 00:19:48.500] Co al mining , coal will cease to be used in Europe .
[00:19:48.500 --> 00:19:51.500] What are your perspectives on agriculture ?
[00:19:51.500 --> 00:19:56.500] Agriculture is destroyed and this can be seen at every stage .
[00:19:56.500 --> 00:19:59.500] The fact that these farmers are still alive , veget ating ,
[00:19:59.500 --> 00:20:02.500] some of them even earn less or more ,
[00:20:02.500 --> 00:20:04.500] does not mean that they have any prospects .
[00:20:04.500 --> 00:20:05.500] They have no prospects .
[00:20:05.500 --> 00:20:09.500] The only prospect is their complete destruction ,
[00:20:09.500 --> 00:20:11.500] complete decline .
[00:20:11.500 --> 00:20:13.500] People think , " Well , it 's not that bad .
[00:20:13.500 --> 00:20:15.500] Once there will be a price drop ,
[00:20:15.500 --> 00:20:18.500] maybe some restrictions will be added ,
[00:20:18.500 --> 00:20:20.500] some animal pass ports ,
[00:20:20.500 --> 00:20:22.500] some farms will be built ,
[00:20:22.500 --> 00:20:26.500] because some pig farming , bird farming , other miracles ."
[00:20:26.500 --> 00:20:29.500] But no one cares that farms will never be rebuilt ,
[00:20:29.500 --> 00:20:32.500] because rebuilding such a farm is , ladies and gentlemen , a few years .
[00:20:32.500 --> 00:20:34.500] But the market will not wait a few years .
[00:20:34.500 --> 00:20:36.500] Someone will take over his contracts
[00:20:36.500 --> 00:20:39.500] and he will simply not have anyone to sell to .
[00:20:39.500 --> 00:20:44.500] How many very large food producers have disappeared in Poland ?
[00:20:44.500 --> 00:20:50.500] Because there were some events , some regulations ,
[00:20:50.500 --> 00:20:53.500] which led to this .
[00:20:53.500 --> 00:21:00.500] They are either foreign producers or international corporations .
[00:21:00.500 --> 00:21:02.500] You also remember other aud itions .
[00:21:02.500 --> 00:21:06.500] It 's the same in the industry - ship yard , production , chemical .
[00:21:06.500 --> 00:21:10.500] I see such a break in the Polish economy ,
[00:21:10.500 --> 00:21:15.500] where we will only be customers working for foreign companies .
[00:21:15.500 --> 00:21:19.500] How much money do you give to foreign companies ,
[00:21:19.500 --> 00:21:22.500] and how much to Polish producers ,
[00:21:22.500 --> 00:21:24.500] you would be shocked .
[00:21:24.500 --> 00:21:26.500] You give practically nothing to Poland ,
[00:21:26.500 --> 00:21:29.500] to Pol es , to Polish businesses .
[00:21:29.500 --> 00:21:31.500] What are we supposed to be ? Pro duc ers ?
[00:21:31.500 --> 00:21:34.500] Work in foreign companies to buy foreign products ?
[00:21:34.500 --> 00:21:37.500] So where is our sovereignty ?
[00:21:37.500 --> 00:21:40.500] Let 's start thinking this way .
[00:21:40.500 --> 00:21:46.500] The patriot is the one who will work for the good of our economy ,
[00:21:46.500 --> 00:21:48.500] for our economy , for our companies ,
[00:21:48.500 --> 00:21:50.500] will build Polish businesses .
[00:21:50.500 --> 00:21:52.500] These things remain .
[00:21:52.500 --> 00:21:55.500] W aving the flag - nothing is done better in the economy ,
[00:21:55.500 --> 00:21:58.500] your children will not live better , nor you .
[00:21:58.500 --> 00:22:03.500] Because the companies that sell you products are really your enemies .
[00:22:03.500 --> 00:22:07.500] Because they want to destroy our native economy ,
[00:22:07.500 --> 00:22:09.500] because it 's in their interest , let 's face it .
[00:22:09.500 --> 00:22:11.500] You can 't take it any other way .
[00:22:11.500 --> 00:22:12.500] These are our enemies .
[00:22:12.500 --> 00:22:14.500] Once we fought with such people .
[00:22:14.500 --> 00:22:17.500] Now we go and bring them money ourselves .
[00:22:17.500 --> 00:22:19.500] Well , it can 't end well .
[00:22:19.500 --> 00:22:22.500] Mr . Mar ius z , at the end , let 's give our guest ,
[00:22:22.500 --> 00:22:26.500] today 's audience , Mr . Pr zem ys? aw W ia n k owski , a voice .
[00:22:26.500 --> 00:22:29.500] We are trying to hold it more now .
[00:22:29.500 --> 00:22:31.500] We cut costs as much as we can ,
[00:22:31.500 --> 00:22:34.500] we cut , for example , 200 kilos of fertilizer per hect are ,
[00:22:34.500 --> 00:22:37.500] at this point we are cutting 100 , or even some fields .
[00:22:37.500 --> 00:22:40.500] Some have given up seed fertil ization ,
[00:22:40.500 --> 00:22:43.500] just for the root , so - called .
[00:22:43.500 --> 00:22:45.500] We just hope that it will somehow be mitig ated
[00:22:45.500 --> 00:22:47.500] and these prices of fertil izers will fall .
[00:22:47.500 --> 00:22:49.500] It is not known how to approach this .
[00:22:49.500 --> 00:22:51.500] We also look at the Polish farmers ,
[00:22:51.500 --> 00:22:54.500] what is happening with farmers abroad .
[00:22:54.500 --> 00:22:56.500] At the moment the Germans are also striking .
[00:22:56.500 --> 00:22:59.500] Last year there was also a grain infl ow from Ukraine ,
[00:22:59.500 --> 00:23:02.500] where the government did practically nothing with it .
[00:23:02.500 --> 00:23:04.500] We were flooded with this grain
[00:23:04.500 --> 00:23:07.500] and this is also a big impact on our market ,
[00:23:07.500 --> 00:23:08.500] on our price .
[00:23:08.500 --> 00:23:11.500] There were also such moments that this grain was not ,
[00:23:11.500 --> 00:23:14.500] you can say , because there were piles filled with grain from Ukraine ,
[00:23:14.500 --> 00:23:17.500] where there was no control of this grain at all .
[00:23:17.500 --> 00:23:21.500] I think that we farmers also deserve a decent life ,
[00:23:21.500 --> 00:23:24.500] to provide our children , our families ,
[00:23:24.500 --> 00:23:27.500] I think , with a life and this is normal .
[00:23:27.500 --> 00:23:29.500] It is a bout what to fight for ,
[00:23:29.500 --> 00:23:32.500] because the economy is not created one day , not one year ,
[00:23:32.500 --> 00:23:37.500] but our families worked for our economy all their lives .
[00:23:37.500 --> 00:23:39.500] Several generations are sometimes .
[00:23:39.500 --> 00:23:43.500] I personally had to put a lot of my life savings
[00:23:43.500 --> 00:23:45.500] somewhere else ,
[00:23:45.500 --> 00:23:47.500] to achieve what I achieved
[00:23:47.500 --> 00:23:49.500] and it is a bit sad
[00:23:49.500 --> 00:23:52.500] and I am disappointed with this whole situation ,
[00:23:52.500 --> 00:23:55.500] that there is no help from the government .
[00:23:55.500 --> 00:23:57.500] Thank you very much for today 's meeting .
[00:23:57.500 --> 00:23:59.500] Our guest was Mar ius z Stef ani ak
[00:23:59.500 --> 00:24:03.500] and of course we invite you to listen to all our aud itions ,
[00:24:03.500 --> 00:24:05.500] to get acquainted with additional materials ,
[00:24:05.500 --> 00:24:12.500] which we post on the website www . aud y cje . com . pl .
[00:24:12.500 --> 00:24:13.500] See you later .
[00:24:13.500 --> 00:24:15.500] The program was led by Kr z ysz to f Stra uch man .
[00:24:19.500 --> 00:24:26.500] Other radio stations in G ? uch o ? az ie and the area : 105 i 2 .
[00:24:26.500 --> 00:24:28.500] P rodu ction : C z aj nik owy . pl 2017
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:09.500] What 's going on , Mr . Mar ius z ?
[00:00:09.500 --> 00:00:11.000] What did you hear again ?
[00:00:11.000 --> 00:00:16.500] Oh , there was some information about the Polish Post , and to be honest , we have no reason to be satisfied .
[00:00:16.500 --> 00:00:26.000] For example , in the Republic of Poland , an article called for the appointment of the former President of the Polish Post , Mr . Mar ius z Ho ? od e ck i ,
[00:00:26.000 --> 00:00:35.000] and his statement shows that the Post will have 700 , or even 800 million in debt , losses , and will be in danger of bankruptcy .
[00:00:35.000 --> 00:00:40.000] Even the Post 's associates are warning that it may collapse .
[00:00:40.000 --> 00:00:47.000] Can something be liquid ated , which has probably four or five centuries of tradition and has always been necessary ?
[00:00:47.000 --> 00:00:49.000] Can the Post go bankrupt ?
[00:00:49.000 --> 00:00:55.000] Yes and no . The Post belongs to the state , so the state itself must collapse for the Post to fall .
[00:00:55.000 --> 00:01:01.000] In addition , the Post has statutory duties and the implementation of this act is the duty of every government .
[00:01:01.000 --> 00:01:08.000] Mar ius z Stef ani ak , economist , financi er , our expert , our weekly guest , president of the Foundation Wi? cej M ?d ro ?ci .
[00:01:08.000 --> 00:01:12.000] So why can , and even should , the Post be liquid ated ?
[00:01:12.000 --> 00:01:16.000] Because any act can be changed , or a subject designated to be fulfilled can be changed .
[00:01:16.000 --> 00:01:22.000] Moreover , such m olo ch s , communist experiences , have no meaning for the current figure .
[00:01:22.000 --> 00:01:31.000] The idea of ?? an other transformation , carried out by officials under the gu ise of politicians , has never worked from an economic and logical point of view .
[00:01:31.000 --> 00:01:40.000] So the very idea that a large giant managed by officials , o wn ed by politicians , can work is com ical to me .
[00:01:40.000 --> 00:01:46.000] Remember that the Post was created in a different economic , political and technological system .
[00:01:46.000 --> 00:01:50.000] It could then act , sustain itself , and even make profits .
[00:01:50.000 --> 00:01:53.000] Currently , it is probably impossible .
[00:01:53.000 --> 00:02:02.000] I remember that during another hearing I said that state entities only make sense when they have total monopoly .
[00:02:02.000 --> 00:02:04.000] Then they will hold on .
[00:02:04.000 --> 00:02:06.000] We all know that postal services are no longer like that .
[00:02:06.000 --> 00:02:11.000] The time of the Post has passed and the sooner we take it , the less we lose .
[00:02:11.000 --> 00:02:18.000] We are paying for it as citizens . Let 's call it the communist " c anc el " that the Post is currently in .
[00:02:18.000 --> 00:02:22.000] Mr . Mar ius z , but the Post , you said about the influence of officials on the functioning of the Post .
[00:02:22.000 --> 00:02:28.000] The oret ically , the Post is a company , belonging to the state treasury , but it operates according to the code of trade companies ,
[00:02:28.000 --> 00:02:31.000] has a president , a management , cannot bring losses , etc .
[00:02:31.000 --> 00:02:36.000] It has a supervis ory board that should ensure that everything works well in it .
[00:02:36.000 --> 00:02:42.000] So how is it ? Does it run a commercial business or does it perform any official , state services ?
[00:02:42.000 --> 00:02:45.000] And therefore , it should also be treated differently .
[00:02:45.000 --> 00:02:48.000] The Post is not like other companies .
[00:02:48.000 --> 00:02:52.000] Yes , it follows the same regulations as other companies .
[00:02:52.000 --> 00:02:55.000] And yes , it is and should be perceived differently .
[00:02:55.000 --> 00:02:59.000] Only the catch is that it is not entirely about that .
[00:02:59.000 --> 00:03:03.000] How should state companies exist when they are not monopol ists ?
[00:03:03.000 --> 00:03:07.000] For me personally , the Post is the quint ess ence of a bear .
[00:03:07.000 --> 00:03:10.000] Tell me , what is this bear for ?
[00:03:10.000 --> 00:03:11.000] Exactly , what for ?
[00:03:11.000 --> 00:03:16.000] Well , nobody knows why , so you don 't have to worry that someone will ask .
[00:03:16.000 --> 00:03:18.000] Do you know what this bear does ?
[00:03:18.000 --> 00:03:21.000] It meets the vital needs of the whole society .
[00:03:21.000 --> 00:03:24.000] It is a bear , on the scale of our possibilities .
[00:03:24.000 --> 00:03:26.000] Do you know what we do with this bear ?
[00:03:26.000 --> 00:03:28.000] We open our eyes to the unbel ievers .
[00:03:28.000 --> 00:03:33.000] Look , we say it 's ours , made by us , and it 's not our last word .
[00:03:33.000 --> 00:03:37.000] And nobody has the right to cling to it , because it is a social bear ,
[00:03:37.000 --> 00:03:41.000] based on the institution , which will rot ,
[00:03:41.000 --> 00:03:45.000] it will fall on the fresh air and what will be done then ?
[00:03:45.000 --> 00:03:47.000] The destruction protocol .
[00:03:47.000 --> 00:03:53.000] Real money is earned only on expensive , broken investments .
[00:03:53.000 --> 00:03:59.000] The Post is this bear , and the bigger and more expensive the bear , the better .
[00:03:59.000 --> 00:04:03.000] Nobody will dare to ask , why do we need such a big bear ?
[00:04:03.000 --> 00:04:08.000] And of course , dishon est officials get rich best in their teens .
[00:04:08.000 --> 00:04:13.000] An example may be the rent of the famous hall in G rod z isk Maz owie ck i for huge money .
[00:04:13.000 --> 00:04:19.000] The decision was finally withdrawn and another hall was rented for 36 4 million z lot ys .
[00:04:19.000 --> 00:04:25.000] But the fine for premature settlement of the contract was 36 4 thousand z lot ys ,
[00:04:25.000 --> 00:04:30.000] and the return of the hall to its original state was another 550 thousand z lot ys .
[00:04:30.000 --> 00:04:36.000] The amount was about a million , for something that never came to fruition .
[00:04:36.000 --> 00:04:41.000] But someone got this money from our pocket , from the pockets of taxpayers .
[00:04:41.000 --> 00:04:44.000] Of course , I 'm not supposed to judge whether there were any crimes ,
[00:04:44.000 --> 00:04:48.000] scand alous and stupid financial decisions , because I 'm an economist , not a lawyer .
[00:04:48.000 --> 00:04:49.000] I 'm just a bear .
[00:04:49.000 --> 00:04:54.000] I paid 10 z lot ys for the recommended mail , these are not cheap things , these are not cheap services .
[00:04:54.000 --> 00:04:58.000] This is not a situation when you used to pay a z lot y or two for a letter .
[00:04:58.000 --> 00:05:00.000] But back to the basics .
[00:05:00.000 --> 00:05:04.000] It is easiest to carry out the so - called rest ruct uring in the company ,
[00:05:04.000 --> 00:05:10.000] remove some employees , limit activity , choose what is most affordable .
[00:05:10.000 --> 00:05:17.000] And here , in the mail of 60 thousand people , the union ists cry that they earn the lowest national ,
[00:05:17.000 --> 00:05:21.000] is , for example , reducing employment a solution for the post office ?
[00:05:21.000 --> 00:05:23.000] These are not the best decisions in my opinion .
[00:05:23.000 --> 00:05:25.000] They quickly show a drop in costs .
[00:05:25.000 --> 00:05:26.000] It 's a fact .
[00:05:26.000 --> 00:05:29.000] Over time , this is not a good decision .
[00:05:29.000 --> 00:05:38.000] If a given business requires great delays , it means that it has been badly thought through and managed for years .
[00:05:38.000 --> 00:05:48.000] It should not be thrown out of people for the fact that the leadership , the authorities , politicians , high - class officials simply run this company badly .
[00:05:48.000 --> 00:05:52.000] Normal people , normal Pol es , these poor employees , will pay as usual .
[00:05:52.000 --> 00:05:54.000] So what 's best to do ?
[00:05:54.000 --> 00:06:00.000] Change the management and force it to effective and effective financial action .
[00:06:00.000 --> 00:06:08.000] Unfortunately , it is easier to throw out 100 , 000 or 10 , 000 people than to dis per se ministers , governments or politicians .
[00:06:08.000 --> 00:06:13.000] For years we have been adding to all these bears , and then we add to their liquid ation .
[00:06:13.000 --> 00:06:17.000] Honestly , when I look at it all , I ask myself the following question .
[00:06:17.000 --> 00:06:28.000] Why not get rid of hundreds of thousands of millions of immigrants and take their place these 50 , 000 from the post office or hundreds of thousands of other similar entities ?
[00:06:28.000 --> 00:06:32.000] The profits will be billions and there will be no un empl oy ment in Poland .
[00:06:32.000 --> 00:06:38.000] Only on this , of course , officials and politicians do not profit , so let 's not fool ourselves , we will not see it .
[00:06:38.000 --> 00:06:40.000] But we will see a massive lib eration of Pol es .
[00:06:40.000 --> 00:06:46.000] Mill ions of immigrants from foreign , sometimes hostile to us , cultures and adding to the next state bears .
[00:06:46.000 --> 00:06:48.000] This is how communism works .
[00:06:48.000 --> 00:06:54.000] Well , the bear you 're talking about , he 's been losing weight over the last few years , and that 's quite clear .
[00:06:54.000 --> 00:06:59.000] In the press , you can now read about how interesting real estate the post office has sold .
[00:06:59.000 --> 00:07:04.000] I have it in my town , a very nice post office building .
[00:07:04.000 --> 00:07:07.000] It was sold years ago , now it serves as a residence .
[00:07:07.000 --> 00:07:09.000] It 's good that it didn 't go into ruin .
[00:07:09.000 --> 00:07:12.000] Is this way of losing weight in your opinion , right ?
[00:07:12.000 --> 00:07:21.000] Let 's note that what we have seen since the 90 s , it was just losing weight , these state , these P GR s and so on .
[00:07:21.000 --> 00:07:26.000] All these famous Bal cer ow icz plans totally ruined Pol es in my opinion .
[00:07:26.000 --> 00:07:29.000] I would call them " th ief 's " privat izations .
[00:07:29.000 --> 00:07:36.000] The company 's property was sold for a smaller amount than the company currently had on its bank account .
[00:07:36.000 --> 00:07:39.000] Not only for free , they were still making money on it physically .
[00:07:39.000 --> 00:07:45.000] So when you went to the store , you bought a bag for a thousand z lot ys , and there is 5000 z lot ys in this bag .
[00:07:45.000 --> 00:07:47.000] Perfect interest .
[00:07:47.000 --> 00:07:53.000] For some , unfortunately , Pol es lose interest in this , they gain various individuals .
[00:07:53.000 --> 00:07:59.000] All of this was simply , in my opinion , a theft of national property .
[00:07:59.000 --> 00:08:03.000] Property developed by our ancestors , by previous generations .
[00:08:03.000 --> 00:08:07.000] It was they who worked on it , and now someone is simply stealing from us .
[00:08:07.000 --> 00:08:09.000] Why is this happening ?
[00:08:09.000 --> 00:08:13.000] Because there are people in power who can 't do anything , they don 't know anything .
[00:08:13.000 --> 00:08:17.000] Sometimes they have even less pure intentions .
[00:08:17.000 --> 00:08:22.000] Which results in various scand als , scand als , and other such things .
[00:08:22.000 --> 00:08:25.000] Which , as you can see , society doesn 't teach anything .
[00:08:25.000 --> 00:08:30.000] If these privat izations were carried out in an economic way ,
[00:08:30.000 --> 00:08:35.000] with a good interest of Pol es , it would be a good idea .
[00:08:35.000 --> 00:08:38.000] But we live in Poland , we see the reality of Poland .
[00:08:38.000 --> 00:08:42.000] The sale of another large company 's property will end with this .
[00:08:42.000 --> 00:08:46.000] As you said , the best real estate will be sold for a penny ,
[00:08:46.000 --> 00:08:52.000] and the worst , where we have to pay for it , will still be on the budget , i . e . ours .
[00:08:52.000 --> 00:08:57.000] Mr . Mar ius z , the continuation of the post age of the first d iary after the break .
[00:08:57.000 --> 00:09:00.000] The end of the first part
[00:09:00.000 --> 00:09:03.000] The end of the first part
[00:09:03.000 --> 00:09:06.000] The end of the first part
[00:09:06.000 --> 00:09:09.000] The end of the first part
[00:09:09.000 --> 00:09:12.000] The end of the first part
[00:09:12.000 --> 00:09:15.000] The end of the first part
[00:09:15.000 --> 00:09:18.000] The end of the first part
[00:09:18.000 --> 00:09:21.000] The end of the first part
[00:09:21.000 --> 00:09:24.000] The end of the first part
[00:09:24.000 --> 00:09:27.000] The end of the first part
[00:09:27.000 --> 00:09:30.000] The end of the first part
[00:09:30.000 --> 00:09:32.000] What 's the deal , Mr . Mar ius z ?
[00:09:32.000 --> 00:09:37.000] Mar ius z Stef ani ak , financial economist , our expert , our weekly guest ,
[00:09:37.000 --> 00:09:39.000] president of the " W i ? cej M ?d ro ?ci " foundation .
[00:09:39.000 --> 00:09:42.000] We 're going through the first facts of the Polish Post Office
[00:09:42.000 --> 00:09:45.000] and we 're wondering why it 's in a crisis .
[00:09:45.000 --> 00:09:48.000] People see the Post Office from their everyday life .
[00:09:48.000 --> 00:09:52.000] They go to the post office to do some simple things .
[00:09:52.000 --> 00:09:55.000] Digital ization , computer ization , sc anners .
[00:09:55.000 --> 00:09:57.000] There are still que ues at the post office .
[00:09:57.000 --> 00:10:00.000] On the other hand , it shows that the Post Office needs its clients .
[00:10:00.000 --> 00:10:04.000] But on the other hand , it 's obvious that it 's not doing a great job of handling these matters .
[00:10:04.000 --> 00:10:08.000] Can 't we approach it ration ally and somehow improve the activities
[00:10:08.000 --> 00:10:10.000] so that there are at least no que ues ?
[00:10:10.000 --> 00:10:12.000] You know , I 'm also having fun with it .
[00:10:12.000 --> 00:10:15.000] How we were forced in the 90 s to make computers accelerate everything ,
[00:10:15.000 --> 00:10:19.000] get rid of tons of paper in offices , unnecessary positions .
[00:10:19.000 --> 00:10:22.000] The answer to the second part of your question is no .
[00:10:22.000 --> 00:10:25.000] It 's not possible to organize it better .
[00:10:25.000 --> 00:10:27.000] Because we 're going back to the starting point .
[00:10:27.000 --> 00:10:31.000] The Post Office is not managed by managers who are independent
[00:10:31.000 --> 00:10:34.000] and can think about how to do it the smartest way .
[00:10:34.000 --> 00:10:39.000] It 's only controlled by the political arm .
[00:10:39.000 --> 00:10:43.000] And by people who come there from various political branches .
[00:10:43.000 --> 00:10:46.000] They can 't be the top class managers .
[00:10:46.000 --> 00:10:48.000] Because these people just don 't get into politics .
[00:10:48.000 --> 00:10:50.000] If they get in , they get out .
[00:10:50.000 --> 00:10:54.000] I 've heard of some people who are mer itor ious
[00:10:54.000 --> 00:10:56.000] and have some principles in politics .
[00:10:56.000 --> 00:11:00.000] I wouldn 't give them a wallet to keep in the store .
[00:11:00.000 --> 00:11:06.000] How can these people manage their multi - million assets ?
[00:11:06.000 --> 00:11:09.000] Form ally , the representative of the owner , i . e . the treasury ,
[00:11:09.000 --> 00:11:12.000] in the Polish Post Office is the Minister of State Ass ets .
[00:11:12.000 --> 00:11:14.000] I wonder where such a loss comes from .
[00:11:14.000 --> 00:11:17.000] Because 700 or 800 million is a lot of money .
[00:11:17.000 --> 00:11:21.000] I don 't think such a loss in activity occurs in one year .
[00:11:21.000 --> 00:11:24.000] I suspect it must have been going on for some time .
[00:11:24.000 --> 00:11:28.000] Why didn 't the minister notice it earlier and as the owner , he didn 't take any steps ?
[00:11:28.000 --> 00:11:32.000] The misf ortune is that they took steps .
[00:11:32.000 --> 00:11:37.000] If the Post Office were not state - owned , it would have huge profits year on year .
[00:11:37.000 --> 00:11:40.000] When was the last time you read about the self - re le ases in companies from this industry ?
[00:11:40.000 --> 00:11:42.000] They are developing , they have profits .
[00:11:42.000 --> 00:11:48.000] Such an In post is a great example , where he started in a situation where the Post Office had a complete monopoly on everything
[00:11:48.000 --> 00:11:54.000] and despite that , he became a very rich company , a leader in this industry .
[00:11:54.000 --> 00:11:58.000] Only there are no politicians or officials , ladies and gentlemen .
[00:11:58.000 --> 00:12:00.000] It 's a whole mystery .
[00:12:00.000 --> 00:12:04.000] It 's phenomenal , because we all observe the development of these cour ier companies .
[00:12:04.000 --> 00:12:05.000] It happens to us .
[00:12:05.000 --> 00:12:10.000] We see hundreds of buses every day that arrive on time with sh i ps .
[00:12:10.000 --> 00:12:14.000] We have already got used to the fact that civilization has brought some changes .
[00:12:14.000 --> 00:12:17.000] E - m ails , SMS , communic ators appeared .
[00:12:17.000 --> 00:12:21.000] Today we don 't write so many letters , we don 't send a greeting card .
[00:12:21.000 --> 00:12:26.000] For a few years I really thought that the activity of the Post Office may be endangered .
[00:12:26.000 --> 00:12:30.000] But if such a market has opened for cour ier ship ments , why doesn 't the Post Office use it ?
[00:12:30.000 --> 00:12:34.000] After all , it has a ready - made network of employees , a network of facilities .
[00:12:34.000 --> 00:12:37.000] It would be enough to enter and develop this activity .
[00:12:37.000 --> 00:12:42.000] I 'm not risking it . That 's why we pay 700 million , not 7 billion .
[00:12:42.000 --> 00:12:46.000] Because it has a super genius business .
[00:12:46.000 --> 00:12:50.000] If the politicians and officials took over the gold mine , it would also stop paying off .
[00:12:50.000 --> 00:12:52.000] Do you understand ?
[00:12:52.000 --> 00:12:55.000] They will always be at a disadvantage .
[00:12:55.000 --> 00:13:00.000] Because the bear is to be big and expensive by definition .
[00:13:00.000 --> 00:13:03.000] The bear is not to have any profits for society .
[00:13:03.000 --> 00:13:05.000] It 's just supposed to be a symbol .
[00:13:05.000 --> 00:13:08.000] Manager . No one asks him about the budget . Ask him about the profits .
[00:13:08.000 --> 00:13:10.000] Listen , how much will you bring us ?
[00:13:10.000 --> 00:13:12.000] The official is exactly the opposite .
[00:13:12.000 --> 00:13:17.000] He wants to have the highest costs , because no one will ever ask him about the profit .
[00:13:17.000 --> 00:13:22.000] If it 's on the minus , we 'll just pay him more . And that 's all .
[00:13:22.000 --> 00:13:27.000] That 's why the Post Office has a brilliant business , only those wrong people manage it .
[00:13:27.000 --> 00:13:30.000] We have an example locally , almost in the neighborhood .
[00:13:30.000 --> 00:13:35.000] A businessman , a very young man who works in N ys a , in the O pole region .
[00:13:35.000 --> 00:13:38.000] A few years ago , he founded a cour ier company .
[00:13:38.000 --> 00:13:44.000] He developed it to the point that recently in various online videos he bo asts that he drives a Porsche ,
[00:13:44.000 --> 00:13:46.000] that he flies a private helicopter .
[00:13:46.000 --> 00:13:48.000] Well , he actually started from scratch .
[00:13:48.000 --> 00:13:51.000] The pandemic probably opened up enormous opportunities for this shipping industry .
[00:13:51.000 --> 00:13:55.000] It turns out that new people in this industry can use it .
[00:13:55.000 --> 00:14:00.000] You can have such profits that it would seem that the Post Office can also pay for these profits ,
[00:14:00.000 --> 00:14:04.000] for the development of the bear and for the good life of various party nominees .
[00:14:04.000 --> 00:14:09.000] It makes me wonder all the time , how can you bring such losses with such good accounting ?
[00:14:09.000 --> 00:14:11.000] Of course you can .
[00:14:11.000 --> 00:14:17.000] Porsche drivers and those who are with these bears also fly helicopters .
[00:14:17.000 --> 00:14:19.000] This money did not evapor ate .
[00:14:19.000 --> 00:14:21.000] Someone got it .
[00:14:21.000 --> 00:14:24.000] Do you remember the example I gave earlier with this hall ?
[00:14:24.000 --> 00:14:26.000] He really got this million z lot ys .
[00:14:26.000 --> 00:14:29.000] For a million you can buy a Porsche .
[00:14:29.000 --> 00:14:32.000] And we are talking about one single case .
[00:14:32.000 --> 00:14:34.000] Let 's look for decades .
[00:14:34.000 --> 00:14:37.000] How many such actions were there , how many such agreements were there .
[00:14:37.000 --> 00:14:40.000] Oh , damn , many helicopters fly with this money .
[00:14:40.000 --> 00:14:43.000] So what , Mr . Mar ius z , the investigation commission for the Post Office ?
[00:14:43.000 --> 00:14:45.000] Of course not .
[00:14:45.000 --> 00:14:49.000] The problem is that no investigation commission has ever achieved anything .
[00:14:49.000 --> 00:14:53.000] Mr . Mar ius z , you grilled the opponent , as they say in politics .
[00:14:53.000 --> 00:14:57.000] Well , but it 's again such bears that we keep showing something there .
[00:14:57.000 --> 00:14:59.000] We blow this bear and that 's it .
[00:14:59.000 --> 00:15:01.000] There is no effect .
[00:15:01.000 --> 00:15:04.000] These are just such political games that " Oh , here I will show you my bear ,
[00:15:04.000 --> 00:15:08.000] if you don 't vote for us , then I will fly a helicopter , right ?"
[00:15:08.000 --> 00:15:11.000] The people are still the ones who pay for it .
[00:15:11.000 --> 00:15:16.000] The one who is still fired is this post man or any other institution .
[00:15:16.000 --> 00:15:21.000] When did you hear about ministers or this type of high - class officials
[00:15:21.000 --> 00:15:24.000] who suddenly have nothing to live on ?
[00:15:24.000 --> 00:15:26.000] They are million aires .
[00:15:26.000 --> 00:15:29.000] Well , they usually have , even when they leave the office .
[00:15:29.000 --> 00:15:33.000] This is that the guys who turned out to be a total flop , incompet ence ,
[00:15:33.000 --> 00:15:36.000] or even some criminal connot ations ,
[00:15:36.000 --> 00:15:39.000] it suddenly turns out that they are million aires ?
[00:15:39.000 --> 00:15:41.000] And those who are robbed are poor ?
[00:15:41.000 --> 00:15:44.000] Well , what 's the point ? Why do we allow it ?
[00:15:44.000 --> 00:15:48.000] Neither a politician nor an official will help you in your life .
[00:15:48.000 --> 00:15:52.000] He can 't educate your children , ask for their property , for their future .
[00:15:52.000 --> 00:15:55.000] He will only want something for himself , because he lives off you .
[00:15:55.000 --> 00:15:58.000] Polit icians and officials do not work out anything .
[00:15:58.000 --> 00:16:01.000] They only suck up this economic value .
[00:16:01.000 --> 00:16:04.000] To some extent they can be useful ,
[00:16:04.000 --> 00:16:08.000] but not when she has power , when she decides to rent a hall for half a million .
[00:16:08.000 --> 00:16:11.000] All these things work for your loss .
[00:16:11.000 --> 00:16:15.000] They rob you , your families , your children and the future of your children .
[00:16:15.000 --> 00:16:19.000] Mr . Mar ius z , the last round of questions after a short break .
[00:16:19.000 --> 00:16:21.000] P ARR OT TV
[00:16:23.000 --> 00:16:25.000] P ARR OT TV
[00:16:25.000 --> 00:16:27.000] P ARR OT TV
[00:16:27.000 --> 00:16:29.000] Parr ot TV
[00:16:29.000 --> 00:16:31.000] Parr ot TV
[00:16:31.000 --> 00:16:33.000] Parr ot TV
[00:16:33.000 --> 00:16:35.000] Parr ot TV
[00:16:35.000 --> 00:16:37.000] Parr ot TV
[00:16:37.000 --> 00:16:39.000] Parr ot TV
[00:16:39.000 --> 00:16:41.000] Parr ot TV
[00:16:41.000 --> 00:16:43.000] Parr ot TV
[00:16:43.000 --> 00:16:45.000] Parr ot TV
[00:16:45.000 --> 00:16:47.000] Parr ot TV
[00:16:47.000 --> 00:16:49.000] Parr ot TV
[00:16:49.000 --> 00:16:51.000] Parr ot TV
[00:16:51.000 --> 00:16:53.000] What 's up , Mr . Mar ius z ?
[00:16:53.000 --> 00:16:55.000] Mar ius z S te f ani ak , financial economist .
[00:16:55.000 --> 00:16:58.000] And our conversation about the Polish Post Office .
[00:16:58.000 --> 00:17:00.000] A rather sad conversation .
[00:17:00.000 --> 00:17:05.000] Recently I received a package from the office of my municipality
[00:17:05.000 --> 00:17:09.000] with a 2 z lot y fine for some kind of attachment or something like that .
[00:17:09.000 --> 00:17:11.000] I 'm not lying , as the youth says .
[00:17:11.000 --> 00:17:16.000] Probably the cost of this package was much higher than what the office will earn on it .
[00:17:16.000 --> 00:17:21.000] Even the local people are starting to hire their own cour iers or hunters
[00:17:21.000 --> 00:17:24.000] to deliver the packages to the residents ,
[00:17:24.000 --> 00:17:28.000] because they probably think it 's cheaper than using the Post Office .
[00:17:28.000 --> 00:17:30.000] Another lost market .
[00:17:30.000 --> 00:17:33.000] Yes , because even a local man can add 2 to 2
[00:17:33.000 --> 00:17:37.000] and see the low quality of Post Office services and a fairly high price .
[00:17:37.000 --> 00:17:40.000] Because this subject , as I said before ,
[00:17:40.000 --> 00:17:45.000] doesn 't make sense at all in terms of the rules and the economic law .
[00:17:45.000 --> 00:17:49.000] Well , it 's a huge thing , for example , for older people who are used to
[00:17:49.000 --> 00:17:52.000] always going to the Post Office with a certain matter .
[00:17:52.000 --> 00:17:55.000] Because it 's close , because it 's in the city center ,
[00:17:55.000 --> 00:17:58.000] because I know how to do it .
[00:17:58.000 --> 00:18:00.000] Well , it 's a huge capital .
[00:18:00.000 --> 00:18:04.000] Once older people were used to going to church by horse , by cart .
[00:18:04.000 --> 00:18:05.000] So what ?
[00:18:05.000 --> 00:18:08.000] They don 't go anymore , but they go to church .
[00:18:08.000 --> 00:18:12.000] Exactly . So they can also send , but they can send by other means .
[00:18:12.000 --> 00:18:15.000] My grandma , who is 103 years old ,
[00:18:15.000 --> 00:18:18.000] uses a cell phone without any problem .
[00:18:18.000 --> 00:18:22.000] She doesn 't have to go to the post office to go from the phone to the post office ,
[00:18:22.000 --> 00:18:24.000] call , as she used to do .
[00:18:24.000 --> 00:18:28.000] Why should such a grandma go , which is probably not so cool for her either ,
[00:18:28.000 --> 00:18:31.000] stand in line when she could have it with one click ?
[00:18:31.000 --> 00:18:33.000] Why not ?
[00:18:33.000 --> 00:18:37.000] In my opinion , it doesn 't make sense for us to stick to things
[00:18:37.000 --> 00:18:40.000] that are inefficient and more expensive .
[00:18:40.000 --> 00:18:44.000] The next government will prepare a law on electronic hand outs ,
[00:18:44.000 --> 00:18:46.000] official mail to citizens .
[00:18:46.000 --> 00:18:49.000] Such a project has already appeared in the previous term ,
[00:18:49.000 --> 00:18:52.000] but everything indicates that it will now be final ized
[00:18:52.000 --> 00:18:55.000] and somehow re written by the regulations .
[00:18:55.000 --> 00:18:58.000] The Post Office , according to the previous government ,
[00:18:58.000 --> 00:19:01.000] was to organize envelope elections in 2020 .
[00:19:01.000 --> 00:19:04.000] Well , these are huge tasks , huge money .
[00:19:04.000 --> 00:19:08.000] And I have doubts whether the Post Office will be able to handle such tasks ,
[00:19:08.000 --> 00:19:12.000] whether , for example , it can meet the requirements related to security ,
[00:19:12.000 --> 00:19:15.000] mail data , or ensure the discretion of electronic mail ,
[00:19:15.000 --> 00:19:19.000] because according to this concept , someone will print official emails
[00:19:19.000 --> 00:19:23.000] to deliver them to people who do not have electronic mailbox es .
[00:19:23.000 --> 00:19:25.000] Can this be done ?
[00:19:25.000 --> 00:19:29.000] I can already see high costs , long time and a negative effect .
[00:19:29.000 --> 00:19:33.000] In total , everything except the complete and expensive envelope will be a miracle .
[00:19:33.000 --> 00:19:36.000] I wonder what the new government will do with it .
[00:19:36.000 --> 00:19:39.000] To sum up our conversation so far ,
[00:19:39.000 --> 00:19:42.000] it would be appropriate to ask what 's next .
[00:19:42.000 --> 00:19:44.000] What 's next with the Post Office ?
[00:19:44.000 --> 00:19:47.000] Well , once the Post Office was allocated tele commun ications .
[00:19:47.000 --> 00:19:50.000] I think with success , because tele commun ications were privat ized ,
[00:19:50.000 --> 00:19:52.000] it developed in an incredible way .
[00:19:52.000 --> 00:19:55.000] Maybe we still need to allocate something here , share ,
[00:19:55.000 --> 00:19:57.000] maybe privat ize some .
[00:19:57.000 --> 00:20:00.000] Do you have any suggestions on what to do with the Post Office ?
[00:20:00.000 --> 00:20:03.000] The division of such a mon op o ly into smaller parts
[00:20:03.000 --> 00:20:06.000] reduces the path ology and scale of possible financial twists .
[00:20:06.000 --> 00:20:10.000] The place becomes smaller , so it costs us less .
[00:20:10.000 --> 00:20:13.000] You just have to take care of what I mentioned earlier ,
[00:20:13.000 --> 00:20:17.000] so that the most valuable part of the business does not run out for sale for free ,
[00:20:17.000 --> 00:20:22.000] and leaving what is of no value and is actually only a cost .
[00:20:22.000 --> 00:20:24.000] The only question is who is supposed to take care of it .
[00:20:24.000 --> 00:20:30.000] The same officials and politicians who have been making fun of it for the past few years .
[00:20:30.000 --> 00:20:32.000] Who is supposed to watch out for a thief ,
[00:20:32.000 --> 00:20:36.000] if there is no one but his fr ie nd s , whose names he steals ?
[00:20:36.000 --> 00:20:39.000] In my opinion , there is no such supervis ory body ,
[00:20:39.000 --> 00:20:42.000] which caught these thieves , eliminated the losers .
[00:20:42.000 --> 00:20:45.000] Rather , the thieves and losers are promoted ,
[00:20:45.000 --> 00:20:47.000] instead of eliminating them .
[00:20:47.000 --> 00:20:49.000] If you told me in the last 50 years
[00:20:49.000 --> 00:20:52.000] how many politicians have been imprisoned ,
[00:20:52.000 --> 00:20:55.000] it would probably be a short list .
[00:20:55.000 --> 00:20:57.000] The sooner we find a longer one ,
[00:20:57.000 --> 00:21:00.000] the more in strange circumstances it has died .
[00:21:00.000 --> 00:21:02.000] And the number of scand als ,
[00:21:02.000 --> 00:21:04.000] and we are talking about mega scand als ,
[00:21:04.000 --> 00:21:06.000] is incredibly long .
[00:21:06.000 --> 00:21:08.000] In practically every government ,
[00:21:08.000 --> 00:21:11.000] we can mention a dozen or so such scand als .
[00:21:11.000 --> 00:21:15.000] And if so far no one has been counted for decades ,
[00:21:15.000 --> 00:21:19.000] it means that we do not have such a control system ,
[00:21:19.000 --> 00:21:20.000] such a supervis ory system .
[00:21:20.000 --> 00:21:22.000] There is no such thing in Poland .
[00:21:22.000 --> 00:21:25.000] So what right can some education ,
[00:21:25.000 --> 00:21:28.000] some management of national wealth ,
[00:21:28.000 --> 00:21:30.000] end well ?
[00:21:30.000 --> 00:21:33.000] It is such a shadow over Poland .
[00:21:33.000 --> 00:21:34.000] It covers everything .
[00:21:34.000 --> 00:21:36.000] It destroys us , it steals from us ,
[00:21:36.000 --> 00:21:39.000] and we can 't pretend that it doesn 't exist .
[00:21:39.000 --> 00:21:40.000] It 's not bad in Poland ,
[00:21:40.000 --> 00:21:41.000] because I don 't know ,
[00:21:41.000 --> 00:21:42.000] bad things are happening in Poland ,
[00:21:42.000 --> 00:21:43.000] because in agriculture and so on .
[00:21:43.000 --> 00:21:45.000] It 's bad in Poland ,
[00:21:45.000 --> 00:21:47.000] because in Poland there are organizations ,
[00:21:47.000 --> 00:21:50.000] gang organizations , criminal organizations ,
[00:21:50.000 --> 00:21:53.000] which operate very often
[00:21:53.000 --> 00:21:56.000] with the public consent or cooperation
[00:21:56.000 --> 00:22:00.000] of sometimes the highest people in the country .
[00:22:00.000 --> 00:22:02.000] I can promise you ,
[00:22:02.000 --> 00:22:03.000] you and our listeners ,
[00:22:03.000 --> 00:22:05.000] that in a year we will return to the subject
[00:22:05.000 --> 00:22:09.000] and we will see how the fate of the Post has turned
[00:22:09.000 --> 00:22:11.000] and whether a new affair of the Polish Post
[00:22:11.000 --> 00:22:13.000] is really emerging .
[00:22:13.000 --> 00:22:14.000] I hope not .
[00:22:14.000 --> 00:22:16.000] Thank you very much for the conversation .
[00:22:16.000 --> 00:22:19.000] Of course , we ask our listeners to visit our website
[00:22:19.000 --> 00:22:23.000] www . aud y cje . com . pl
[00:22:23.000 --> 00:22:26.000] You will find there up - to - date and arch ival recordings
[00:22:26.000 --> 00:22:27.000] from our meetings
[00:22:27.000 --> 00:22:31.000] and a whole lot of other interesting materials .
[00:22:31.000 --> 00:22:32.000] See you !
[00:22:32.000 --> 00:22:34.000] The program was led by Kr z ysz to f Stra uch man .
[00:22:34.000 --> 00:22:44.000] Other radio in G ? uch o ? az ie and the area 105 . 2
[00:22:44.000 --> 00:22:48.000] P OD OL A ? ? - the way of the Polish people
[00:00:00.000 --> 00:00:01.600] What 's going on , Mr . Mar ius z ?
[00:00:01.600 --> 00:00:03.360] What did you hear there again ?
[00:00:03.360 --> 00:00:08.720] I read that in the United States , writers and screen w riters will be str iking in Hollywood .
[00:00:08.720 --> 00:00:11.800] Interestingly , they demand not only more money ,
[00:00:11.800 --> 00:00:17.000] but also post ulates regarding the use of artificial intelligence .
[00:00:17.000 --> 00:00:20.800] When writing scripts , it 's probably about not using it .
[00:00:20.800 --> 00:00:25.080] The fundamental question is whether a machine or artificial intelligence ,
[00:00:25.080 --> 00:00:27.880] something artificial , can write better scripts than people ?
[00:00:27.880 --> 00:00:32.000] Have you ever watched a movie created by artificial intelligence ?
[00:00:32.000 --> 00:00:33.400] Funny that you mention it ,
[00:00:33.400 --> 00:00:38.000] because a few days ago I had the opportunity to write a mini - screen play with artificial intelligence .
[00:00:38.000 --> 00:00:41.000] It was , of course , a test for such a mini - con test ,
[00:00:41.000 --> 00:00:43.000] but the effects were satisfactory .
[00:00:43.000 --> 00:00:46.800] It shows that even the currently operating AI
[00:00:46.800 --> 00:00:49.080] creates at the level of average people ,
[00:00:49.080 --> 00:00:51.280] and this is almost in every field of art .
[00:00:51.280 --> 00:00:54.000] Because we already know about music , we know about painting ,
[00:00:54.000 --> 00:00:57.400] we know about writing , we know about journalism .
[00:00:57.400 --> 00:01:02.000] According to my knowledge , it is inevitable that AI will become what computers are .
[00:01:02.000 --> 00:01:04.600] The stupid will not use it , the average will ,
[00:01:04.600 --> 00:01:07.000] but the intelligent can do brilliant things .
[00:01:07.000 --> 00:01:09.800] Recently , even in Poland , there was a debate about
[00:01:09.800 --> 00:01:14.000] how students use artificial intelligence and what impact it may have on education .
[00:01:14.000 --> 00:01:16.400] What is the point of general education
[00:01:16.400 --> 00:01:20.400] in the era of general use , for example , of this famous G TP chat ,
[00:01:20.400 --> 00:01:22.400] which writes for students , work ?
[00:01:22.400 --> 00:01:26.000] Is there still a point in examining students ?
[00:01:26.000 --> 00:01:28.400] If so , do not give them back their knowledge .
[00:01:28.400 --> 00:01:32.600] I have officially seen data that in the USA 89 % of students
[00:01:32.600 --> 00:01:38.000] admit to using the G TP chat to do their homework .
[00:01:38.000 --> 00:01:43.000] I personally believe that it is good if AI will do idiot ic and tedious tasks ,
[00:01:43.000 --> 00:01:46.600] saving children time to gain knowledge , not calculations .
[00:01:46.600 --> 00:01:49.800] How many years do you remember from the several years you probably spent in school ?
[00:01:49.800 --> 00:01:51.800] Well , I don 't know . I never counted it .
[00:01:51.800 --> 00:01:54.000] That 's why , please , think about it someday .
[00:01:54.000 --> 00:01:56.200] Let 's take any book from any subject ,
[00:01:56.200 --> 00:01:59.200] opening it and saying " God , I don 't remember anything , I don 't know anything ,
[00:01:59.200 --> 00:02:00.800] I 've never used it in my life !"
[00:02:00.800 --> 00:02:03.600] In business , no one will ask you what grades you had in school ,
[00:02:03.600 --> 00:02:06.800] but what you can do and what effects it has .
[00:02:06.800 --> 00:02:12.000] En c our aging children to study in school is a guarantee of the most average financial status .
[00:02:12.000 --> 00:02:15.400] Review ing the richest people 's lists will clearly show that this is exactly the case .
[00:02:15.400 --> 00:02:17.400] You had the motivation to learn ,
[00:02:17.400 --> 00:02:21.400] and I suspect that 99 % of students do not have such motivation .
[00:02:21.400 --> 00:02:23.000] What are they supposed to have , sir ?
[00:02:23.000 --> 00:02:26.000] What do we need 90 % of people after graduation who are ,
[00:02:26.000 --> 00:02:29.000] let 's face it , as someone said there , ugly , out - of - s hape ?
[00:02:29.000 --> 00:02:31.000] Because they really can 't do anything .
[00:02:31.000 --> 00:02:33.800] They really are not experts , because they don 't care at all .
[00:02:33.800 --> 00:02:35.000] Not that they 're stupid .
[00:02:35.000 --> 00:02:39.800] If you have to go to school and learn subjects that you are not interested in at all ,
[00:02:39.800 --> 00:02:41.600] you will be bad at it .
[00:02:41.600 --> 00:02:44.000] At this point , such AI will crush you ,
[00:02:44.000 --> 00:02:47.200] as if it will eliminate your status to be maintained .
[00:02:47.200 --> 00:02:50.000] You have no reason to be in the job market , in business .
[00:02:50.000 --> 00:02:53.000] I was at a market recently , an ordinary market with vegetables .
[00:02:53.000 --> 00:02:55.000] A guy was selling them .
[00:02:55.000 --> 00:02:57.000] It turned out that he was an engineer .
[00:02:57.000 --> 00:03:00.000] When I was surprised , he said , " Oh , look , there 's a lawyer opposite !"
[00:03:00.000 --> 00:03:02.000] He 's selling them at the market , you see ?
[00:03:02.000 --> 00:03:04.000] Because they earn more by trading vegetables at the market .
[00:03:04.000 --> 00:03:08.000] Because law studies , engineering studies , are good studies , sir .
[00:03:08.000 --> 00:03:10.000] And the guys prefer to sell at the market .
[00:03:10.000 --> 00:03:16.000] Why waste a dozen years at school , where you , as we said , 1 %, remember ?
[00:03:16.000 --> 00:03:18.000] It 's a lot of money spent on the budget .
[00:03:18.000 --> 00:03:22.000] A lot of the best intellectual and physical years of young people .
[00:03:22.000 --> 00:03:26.000] A lot of work places for teachers , academic lect urers , etc .
[00:03:26.000 --> 00:03:28.000] It 's a huge economic branch .
[00:03:28.000 --> 00:03:30.000] You 're right , it 's like a bunch of officials .
[00:03:30.000 --> 00:03:32.000] People who are unnecessary to us .
[00:03:32.000 --> 00:03:37.000] Mr . Mar ius z , we will soon come to the conclusion that most of the work requiring some intellectual commitment
[00:03:37.000 --> 00:03:39.000] will be done by artificial intelligence for us ,
[00:03:39.000 --> 00:03:40.000] soon or in a moment .
[00:03:40.000 --> 00:03:43.000] And for us , some physical positions will be left .
[00:03:43.000 --> 00:03:44.000] Absolutely , I agree .
[00:03:44.000 --> 00:03:50.000] In my opinion , based on the history , we had several industrial rev olutions ,
[00:03:50.000 --> 00:03:56.000] from steam engines to computer ization , to mobile phones , which also changed a lot .
[00:03:56.000 --> 00:03:58.000] We already know how it works .
[00:03:58.000 --> 00:04:00.000] There will be a social spraw l , sir .
[00:04:00.000 --> 00:04:01.000] Big ger .
[00:04:01.000 --> 00:04:06.000] So those who don 't cope well , for example , with computers , with such modern technologies ,
[00:04:06.000 --> 00:04:09.000] will fall out of business or will be marginalized .
[00:04:09.000 --> 00:04:11.000] Because their products will be weak .
[00:04:11.000 --> 00:04:13.000] Their service will be poor .
[00:04:13.000 --> 00:04:17.000] You will call a company that will have an ordinary list of questions and answers ,
[00:04:17.000 --> 00:04:21.000] which is boring and usually does not answer your question in any way .
[00:04:21.000 --> 00:04:24.000] And you will have a fast chat bot that will explain everything to you , etc .
[00:04:24.000 --> 00:04:27.000] With a calm ness that you can call and it will not do anything to you .
[00:04:27.000 --> 00:04:29.000] This company will win .
[00:04:29.000 --> 00:04:30.000] The second one will lose .
[00:04:30.000 --> 00:04:36.000] There will be a company that will be able to generate 10 , 000 articles of a fairly decent class daily .
[00:04:36.000 --> 00:04:41.000] And the second one will have to hire 100 journalists who will produce a thousand articles
[00:04:41.000 --> 00:04:43.000] and of different quality .
[00:04:43.000 --> 00:04:47.000] Which one , you think , will exist in 5 years , which will disappear from the market ?
[00:04:47.000 --> 00:04:48.000] This is obvious .
[00:04:48.000 --> 00:04:50.000] These are such crushing data , sir .
[00:04:50.000 --> 00:04:55.000] When I look at the stock charts of individual companies , it is totally crushing ly un amb iguous for me .
[00:04:55.000 --> 00:04:59.000] I claim that this will not ruin any disaster ,
[00:04:59.000 --> 00:05:04.000] but will simply make a greater social , financial and economic spraw l .
[00:05:04.000 --> 00:05:07.000] Mr . Mar ius z , we will return to this interesting thread after the break .
[00:00:00.000 --> 00:00:02.000] What 's the problem , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there ?
[00:00:04.000 --> 00:00:06.000] I heard that we have to pay the fine .
[00:00:06.000 --> 00:00:08.000] A lady named Kat ar zy na P .
[00:00:08.000 --> 00:00:12.000] Pro ced ural reasons forbid us to use her full name .
[00:00:12.000 --> 00:00:15.000] She 's a co - creat or of the financial pyramid Amber go ld .
[00:00:15.000 --> 00:00:17.000] A very famous scandal 10 years ago .
[00:00:17.000 --> 00:00:20.000] Kat ar zy na P . is to receive 6 , 500 euro .
[00:00:20.000 --> 00:00:23.000] Actually from us , from the state treasury .
[00:00:23.000 --> 00:00:27.000] For sitting 6 , 5 years without a court order in this temporary arrest .
[00:00:27.000 --> 00:00:32.000] The European Court of Justice has decided that this is an extremely long time .
[00:00:32.000 --> 00:00:34.000] Who did wrong here ?
[00:00:34.000 --> 00:00:36.000] Polish justice system chasing the fraud
[00:00:36.000 --> 00:00:39.000] or European justice system defending fraud ?
[00:00:39.000 --> 00:00:42.000] You know , it 's hard for me to comment on the judiciary ,
[00:00:42.000 --> 00:00:44.000] because it 's not my special ization ,
[00:00:44.000 --> 00:00:46.000] but I can refer to the economic aspect .
[00:00:46.000 --> 00:00:51.000] The very situation that obvious fraud s have been working for years
[00:00:51.000 --> 00:00:56.000] and despite many reports of damage , no one takes action .
[00:00:56.000 --> 00:00:59.000] This is a signal that the state is doing badly .
[00:00:59.000 --> 00:01:01.000] And this is at every level .
[00:01:01.000 --> 00:01:04.000] From social foundations to the highest levels of executive power ,
[00:01:04.000 --> 00:01:06.000] judiciary , judiciary .
[00:01:06.000 --> 00:01:10.000] Only that people are looking for escape with capital from inflation ,
[00:01:10.000 --> 00:01:13.000] because they don 't want to be robbed by inflation .
[00:01:13.000 --> 00:01:15.000] Or by the government , of course .
[00:01:15.000 --> 00:01:19.000] But they fall into the hands of even bigger thieves .
[00:01:19.000 --> 00:01:21.000] It 's like hunting a snake .
[00:01:21.000 --> 00:01:23.000] A frightened animal that runs away from noise
[00:01:23.000 --> 00:01:26.000] and falls under the guns of hunters .
[00:01:26.000 --> 00:01:29.000] And I noticed this pattern in the economy of all countries ,
[00:01:29.000 --> 00:01:32.000] where the state does not act in the interest of the citizens ,
[00:01:32.000 --> 00:01:36.000] but the elite of ruling and financing or even buying politicians .
[00:01:36.000 --> 00:01:39.000] Today 's topic will be especially important for the listeners
[00:01:39.000 --> 00:01:43.000] and will be an opportunity for us to give a few very practical tips
[00:01:43.000 --> 00:01:46.000] how to protect yourself from sc ammers , where to look for help .
[00:01:46.000 --> 00:01:49.000] We 'll come back to this at the end of our broadcast .
[00:01:49.000 --> 00:01:51.000] First , I still have a set of questions for you .
[00:01:51.000 --> 00:01:54.000] We talked about the compensation for Kat ar zy na P .,
[00:01:54.000 --> 00:01:59.000] but it 's not the only financial consequences of the state 's failure in the U mb er Gold case .
[00:01:59.000 --> 00:02:04.000] Because earlier the court admitted the compensation of 20 million for 200 people
[00:02:04.000 --> 00:02:08.000] who invested in U mb er Gold and lost their money .
[00:02:08.000 --> 00:02:12.000] The court found that the state bodies were too late to deal with sc ammers ,
[00:02:12.000 --> 00:02:17.000] too late to take action to determine and punish these sc ammers .
[00:02:17.000 --> 00:02:21.000] The basic question that has been asked several times in this broadcast .
[00:02:21.000 --> 00:02:25.000] Should we be responsible for the consequences of our financial decisions ourselves ,
[00:02:25.000 --> 00:02:28.000] or should we look at some kind of umbrella of state protection ?
[00:02:28.000 --> 00:02:32.000] Do sc ammers who have been deceived have to lose their money ,
[00:02:32.000 --> 00:02:34.000] or do all the tax authorities answer ?
[00:02:34.000 --> 00:02:36.000] I would answer in two ways .
[00:02:36.000 --> 00:02:40.000] One is the ancient Roman saying " bu y and you will be saved ".
[00:02:40.000 --> 00:02:44.000] As you said , our interest is to protect our wealth .
[00:02:44.000 --> 00:02:48.000] Unfortunately , being an intelligent and experienced man ,
[00:02:48.000 --> 00:02:52.000] working in the media world , you know perfectly well that it 's not about
[00:02:52.000 --> 00:02:55.000] whether we were careless or stupid ,
[00:02:55.000 --> 00:02:58.000] but we are dealing with something much bigger .
[00:02:58.000 --> 00:03:02.000] Let 's be honest , in such situations , in such sc ams ,
[00:03:02.000 --> 00:03:06.000] no one will be convicted of the guilt , except for the so - called " p ill ars ".
[00:03:06.000 --> 00:03:12.000] These are people who are deliberately put in front of sc ams in order to be chased .
[00:03:12.000 --> 00:03:15.000] And the bosses , i . e . the brain of the whole operation ,
[00:03:15.000 --> 00:03:18.000] most often organized groups , the whole mafia ,
[00:03:18.000 --> 00:03:22.000] use only stolen money and do not take any responsibility .
[00:03:22.000 --> 00:03:25.000] No one ever bl ames them .
[00:03:25.000 --> 00:03:31.000] For decades , we have had systematic , gigantic sc ams in Poland .
[00:03:31.000 --> 00:03:34.000] The system is such that politicians , consciously or not ,
[00:03:34.000 --> 00:03:37.000] create a friendly place for the thieves .
[00:03:37.000 --> 00:03:39.000] Who is responsible for the scam ?
[00:03:39.000 --> 00:03:42.000] The police department , which is being deton ated in its own office ,
[00:03:42.000 --> 00:03:44.000] a grenade launcher ?
[00:03:44.000 --> 00:03:46.000] It was not even released , of course .
[00:03:46.000 --> 00:03:49.000] I expect you to have such people to chase ,
[00:03:49.000 --> 00:03:54.000] some organized groups , some mafia , some gigantic , billion - dollar sc ams ?
[00:03:54.000 --> 00:03:57.000] Recently , I read the information that leaked from the police ,
[00:03:57.000 --> 00:04:01.000] where they themselves admit that they are a complete failure
[00:04:01.000 --> 00:04:04.000] in getting new staff .
[00:04:04.000 --> 00:04:07.000] No one respects them and does not want to work there ,
[00:04:07.000 --> 00:04:10.000] and people are ashamed to work in the police .
[00:04:10.000 --> 00:04:12.000] This is probably a complete failure .
[00:04:12.000 --> 00:04:15.000] When I visit different countries , and you probably do the same ,
[00:04:15.000 --> 00:04:18.000] we inadvert ently notice how the police works there .
[00:04:18.000 --> 00:04:21.000] And it is either part of the criminal system ,
[00:04:21.000 --> 00:04:25.000] as , for example , in Ukraine , where they always have some money in their pockets
[00:04:25.000 --> 00:04:27.000] for the police man 's wallet .
[00:04:27.000 --> 00:04:28.000] This is a system .
[00:04:28.000 --> 00:04:30.000] An oth er example may be , for example , Japan .
[00:04:30.000 --> 00:04:32.000] If you want to ask someone about something ,
[00:04:32.000 --> 00:04:35.000] then ask the police , because it is the safest ,
[00:04:35.000 --> 00:04:37.000] the smartest and most sensible .
[00:04:37.000 --> 00:04:38.000] And that 's it .
[00:04:38.000 --> 00:04:41.000] Everyone will know if the police is there to give mandates ,
[00:04:41.000 --> 00:04:44.000] to chase ordinary citizens , not criminals ,
[00:04:44.000 --> 00:04:47.000] or maybe just to chase criminals ,
[00:04:47.000 --> 00:04:49.000] and help citizens .
[00:04:49.000 --> 00:04:52.000] Let yourself remember what a policeman looked like a few dozen years ago .
[00:04:52.000 --> 00:04:53.000] And where was he ?
[00:04:53.000 --> 00:04:56.000] They just stood at the intersection , directed traffic ,
[00:04:56.000 --> 00:04:58.000] they were on the streets , because where they were needed .
[00:04:58.000 --> 00:05:00.000] They did not give any mandates .
[00:05:00.000 --> 00:05:01.000] There was no such concept at all .
[00:05:01.000 --> 00:05:03.000] He was on the lookout for order .
[00:05:03.000 --> 00:05:05.000] You will not see a policeman on the street ,
[00:05:05.000 --> 00:05:07.000] you will not see him at the intersection ,
[00:05:07.000 --> 00:05:08.000] unless it is a big parade ,
[00:05:08.000 --> 00:05:11.000] or some really mac ab re and big accident .
[00:05:11.000 --> 00:05:13.000] This is how the role of the police has changed .
[00:05:13.000 --> 00:05:15.000] That 's why people are ashamed to be in the police .
[00:05:15.000 --> 00:05:17.000] Po op , drinking , dr unken ness .
[00:05:17.000 --> 00:05:21.000] In the Amber Gold affair , other state institutions also function ed ,
[00:05:21.000 --> 00:05:23.000] such as the Financial Super vision Commission ,
[00:05:23.000 --> 00:05:25.000] which should prevent such a situation .
[00:05:25.000 --> 00:05:27.000] Before there is such a scale of fraud ,
[00:05:27.000 --> 00:05:31.000] the Financial Super vision Commission publish es some public warnings ,
[00:05:31.000 --> 00:05:33.000] warn s people against suspicious movies .
[00:05:33.000 --> 00:05:35.000] Why didn 't it work then ?
[00:05:35.000 --> 00:05:37.000] Let yourself remember a simple rule .
[00:05:37.000 --> 00:05:39.000] The fish breaks its head .
[00:05:39.000 --> 00:05:42.000] In the Amber Gold affair , you probably realize
[00:05:42.000 --> 00:05:46.000] how well - d ocumented the participation of people
[00:05:46.000 --> 00:05:50.000] at various levels related to various control services is .
[00:05:50.000 --> 00:05:52.000] Whether it will be the tax authorities ,
[00:05:52.000 --> 00:05:54.000] whether it will be some special services ,
[00:05:54.000 --> 00:05:56.000] the police , the police .
[00:05:56.000 --> 00:06:00.000] These people were more or less involved
[00:06:00.000 --> 00:06:04.000] in the fact that this affair could have worked for so many years
[00:06:04.000 --> 00:06:08.000] and could have stolen so many tens of millions of people .
[00:06:08.000 --> 00:06:13.000] Do you remember our hearing about this speculation bubble in the US ?
[00:06:13.000 --> 00:06:16.000] The foundation of this bubble was a special agency
[00:06:16.000 --> 00:06:20.000] called to rate these obligations .
[00:06:20.000 --> 00:06:22.000] It was they who actually stood for it .
[00:06:22.000 --> 00:06:24.000] They gave high ratings ,
[00:06:24.000 --> 00:06:26.000] sometimes at the highest level ,
[00:06:26.000 --> 00:06:29.000] to securities that were just garbage .
[00:06:29.000 --> 00:06:32.000] Here we have systemic errors
[00:06:32.000 --> 00:06:35.000] that lead to gigantic twists and turns .
[00:06:35.000 --> 00:06:39.000] Because it is impossible to steal hundreds of millions of z lot ys
[00:06:39.000 --> 00:06:41.000] from thousands of people
[00:06:41.000 --> 00:06:45.000] without the support of the appropriate authorities .
[00:06:45.000 --> 00:06:47.000] It 's not that everyone was a criminal there ,
[00:06:47.000 --> 00:06:49.000] but some people turned their heads
[00:06:49.000 --> 00:06:51.000] when they felt comfortable and profitable .
[00:06:51.000 --> 00:06:54.000] We will return to the topic of financial pyram ids and how they work
[00:06:54.000 --> 00:06:56.000] after the break , which I invite you to .
[00:00:00.000 --> 00:00:02.000] What 's the deal , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:06.000] I 'd like us to talk about beer today ,
[00:00:06.000 --> 00:00:08.000] although , don 't worry ,
[00:00:08.000 --> 00:00:11.000] we 'll be advertising alcohol on the radio .
[00:00:11.000 --> 00:00:13.000] It 's more about anti - ad vert ising .
[00:00:13.000 --> 00:00:16.000] American beer called " B oot Light "
[00:00:16.000 --> 00:00:18.000] is produced by Bud we iser ,
[00:00:18.000 --> 00:00:20.000] which is also well - known in Poland .
[00:00:20.000 --> 00:00:23.000] Recently , the beer was advertised
[00:00:23.000 --> 00:00:26.000] by an American influencer ,
[00:00:26.000 --> 00:00:28.000] who is a trans vest ite ,
[00:00:28.000 --> 00:00:30.000] and someone who changed his sex .
[00:00:30.000 --> 00:00:32.000] This influencer is now making a career ,
[00:00:32.000 --> 00:00:34.000] and millions of people follow her profile
[00:00:34.000 --> 00:00:36.000] on various social media .
[00:00:36.000 --> 00:00:39.000] The effect of this ad was the opposite of what was intended .
[00:00:39.000 --> 00:00:41.000] The beer was supposed to sell better ,
[00:00:41.000 --> 00:00:43.000] but its sales fell ,
[00:00:43.000 --> 00:00:46.000] the producer himself states that by 25 % officially .
[00:00:46.000 --> 00:00:48.000] What happened , Mr . Mar ius z ,
[00:00:48.000 --> 00:00:51.000] that Americans suddenly stopped enjoying the beer " B oot Light "?
[00:00:51.000 --> 00:00:54.000] Good question , and maybe to answer it ,
[00:00:54.000 --> 00:00:56.000] let 's start with a few facts .
[00:00:56.000 --> 00:00:59.000] This famous performance took place on April 1 st ,
[00:00:59.000 --> 00:01:02.000] N omen o men , Fool 's Day .
[00:01:02.000 --> 00:01:05.000] Secondly , you used the word " trans vest ite "
[00:01:05.000 --> 00:01:07.000] because it means exactly
[00:01:07.000 --> 00:01:09.000] diagn osing medical disorders ,
[00:01:09.000 --> 00:01:11.000] including mental health disorders .
[00:01:11.000 --> 00:01:13.000] And in the international IC D classification ,
[00:01:13.000 --> 00:01:16.000] this disorder is classified as a gender - ident ifying disorder .
[00:01:16.000 --> 00:01:19.000] Third ly , this man
[00:01:19.000 --> 00:01:22.000] was a clearly homosexual for years .
[00:01:22.000 --> 00:01:25.000] From what I checked with a licensed artist
[00:01:25.000 --> 00:01:27.000] of stage and media works ,
[00:01:27.000 --> 00:01:30.000] and when he was an unemployed actor during the pandemic ,
[00:01:30.000 --> 00:01:32.000] he had the idea of ?? being a woman .
[00:01:32.000 --> 00:01:34.000] What he says ,
[00:01:34.000 --> 00:01:37.000] currently this man makes millions by pretending to be a woman .
[00:01:37.000 --> 00:01:40.000] Okay , let 's move on to our beer .
[00:01:40.000 --> 00:01:43.000] We are talking about a company here ,
[00:01:43.000 --> 00:01:45.000] which has over 100 countries ,
[00:01:45.000 --> 00:01:48.000] over 400 well - known beer brands ,
[00:01:48.000 --> 00:01:51.000] and controls practically 30 %
[00:01:51.000 --> 00:01:54.000] of the world 's beer production .
[00:01:54.000 --> 00:01:58.000] Another fact , Bud Light is the best selling beer in the USA .
[00:01:58.000 --> 00:02:00.000] And it 's been for years .
[00:02:00.000 --> 00:02:01.000] It was .
[00:02:01.000 --> 00:02:02.000] Well , yes , sorry .
[00:02:02.000 --> 00:02:03.000] My mistake .
[00:02:03.000 --> 00:02:06.000] It was the best selling beer in the USA for years .
[00:02:06.000 --> 00:02:09.000] And it was liked by so - called " red ne cks ",
[00:02:09.000 --> 00:02:11.000] which is translating into our language " v ill agers ",
[00:02:11.000 --> 00:02:14.000] although it does not quite reflect what a " red neck " is in the USA .
[00:02:14.000 --> 00:02:17.000] But generally they are characterized by a simple lifestyle ,
[00:02:17.000 --> 00:02:19.000] traditional views ,
[00:02:19.000 --> 00:02:22.000] and the fact that they do not come from big cities
[00:02:22.000 --> 00:02:25.000] and are super modern , breakthrough ,
[00:02:25.000 --> 00:02:28.000] typical Americans from outside big cities .
[00:02:28.000 --> 00:02:31.000] But do these typical Americans have any problem ,
[00:02:31.000 --> 00:02:33.000] any dislike for transgender people ?
[00:02:33.000 --> 00:02:36.000] No , they absolutely have no dislike .
[00:02:36.000 --> 00:02:38.000] So what upset them in this ad ?
[00:02:38.000 --> 00:02:39.000] Exactly .
[00:02:39.000 --> 00:02:40.000] Good question .
[00:02:40.000 --> 00:02:43.000] As I have seen many specialist comments ,
[00:02:43.000 --> 00:02:45.000] practically no one answered wisely .
[00:02:45.000 --> 00:02:47.000] What is the real answer , in my opinion ?
[00:02:47.000 --> 00:02:50.000] Because these people felt cheated .
[00:02:50.000 --> 00:02:53.000] For all the years , all the beers were launched
[00:02:53.000 --> 00:02:56.000] by sexy girls in bik inis with guys
[00:02:56.000 --> 00:02:58.000] and they will be somewhere at matches , pic n ics ,
[00:02:58.000 --> 00:03:00.000] with the USA flag somewhere in the air .
[00:03:00.000 --> 00:03:02.000] And it was like that for all the years .
[00:03:02.000 --> 00:03:04.000] Suddenly someone throws it in the trash ,
[00:03:04.000 --> 00:03:07.000] suddenly hangs a rainbow flag instead of an American one ,
[00:03:07.000 --> 00:03:09.000] with a guy pretending to be a woman .
[00:03:09.000 --> 00:03:10.000] Hello !
[00:03:10.000 --> 00:03:13.000] We did not drink such beer for all these years !
[00:03:13.000 --> 00:03:18.000] It 's worse than if they poured ordinary water into these bottles ,
[00:03:18.000 --> 00:03:25.000] because suddenly extreme politics and extreme left ist ideology were pumped in here ,
[00:03:25.000 --> 00:03:27.000] which is important ,
[00:03:27.000 --> 00:03:30.000] even half of the left ists in the USA do not accept .
[00:03:30.000 --> 00:03:33.000] So what is introduced here in this ad ,
[00:03:33.000 --> 00:03:37.000] even the left itself reject s it as something absurd ,
[00:03:37.000 --> 00:03:39.000] sens eless , harmful .
[00:03:39.000 --> 00:03:41.000] And that was why there was such a shock
[00:03:41.000 --> 00:03:43.000] for the entire American population ,
[00:03:43.000 --> 00:03:45.000] for the American majority .
[00:03:45.000 --> 00:03:46.000] That 's what it 's about .
[00:03:46.000 --> 00:03:48.000] Mr . Mar ys ia , but the ads you mentioned ,
[00:03:48.000 --> 00:03:51.000] used earlier by the producer of this beer ,
[00:03:51.000 --> 00:03:54.000] i . e . ads with beautiful and , let 's say , sexy women ,
[00:03:54.000 --> 00:03:58.000] are now treated as unwanted , sex ist ads ,
[00:03:58.000 --> 00:04:01.000] presenting women in an inappropriate way .
[00:04:01.000 --> 00:04:02.000] You 're right , indeed .
[00:04:02.000 --> 00:04:04.000] That 's what they explain , at least .
[00:04:04.000 --> 00:04:06.000] Of course , it 's a lie ,
[00:04:06.000 --> 00:04:09.000] because the fact that a woman is sexy and attractive
[00:04:09.000 --> 00:04:11.000] and ar ouses desire in men
[00:04:11.000 --> 00:04:16.000] is not bad , or horrible , or degrad ing .
[00:04:16.000 --> 00:04:17.000] On the contrary .
[00:04:17.000 --> 00:04:19.000] It 's her greatest strength ,
[00:04:19.000 --> 00:04:21.000] her attract iveness , her advantage .
[00:04:21.000 --> 00:04:23.000] Present ing it as something bad
[00:04:23.000 --> 00:04:26.000] is simply a misunderstanding of the nature of people ,
[00:04:26.000 --> 00:04:28.000] the role of women in the world .
[00:04:28.000 --> 00:04:31.000] Even a misunderstanding is a deliberate de generation , in my opinion .
[00:04:31.000 --> 00:04:33.000] Because I don 't believe that people don 't know it ,
[00:04:33.000 --> 00:04:36.000] because it 's too obvious to not know .
[00:04:36.000 --> 00:04:38.000] I invite you to a short break .
[00:04:38.000 --> 00:04:40.000] We 'll be back to this topic in a moment .
[00:00:00.000 --> 00:00:02.000] What 's the news , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear ?
[00:00:04.000 --> 00:00:08.000] I 've heard some information that has been quite popular in the media lately
[00:00:08.000 --> 00:00:12.000] about new food ration s that are being prepared in big cities .
[00:00:12.000 --> 00:00:18.000] 44 grams of meat per day and 190 grams of protein per day .
[00:00:18.000 --> 00:00:20.000] Quite funny food r ations .
[00:00:20.000 --> 00:00:22.000] Why so many ?
[00:00:22.000 --> 00:00:24.000] Maybe we can cut it even more ?
[00:00:24.000 --> 00:00:28.000] To 10 grams , for example , or 20 grams of cheese and 10 grams of meat
[00:00:28.000 --> 00:00:30.000] and black bread and black coffee .
[00:00:30.000 --> 00:00:32.000] What do you think , Mr . Mar ius z ?
[00:00:32.000 --> 00:00:34.000] I personally found it funny and it 's double .
[00:00:34.000 --> 00:00:38.000] As a reader of science fiction works , I 've known these concepts for decades .
[00:00:38.000 --> 00:00:42.000] For example , in the story " L im ous ine Fer rier " by a Polish scientist from physics education
[00:00:42.000 --> 00:00:44.000] and by the way a brilliant writer ,
[00:00:44.000 --> 00:00:47.000] he described it all in a guaranteed income style ,
[00:00:47.000 --> 00:00:49.000] bitcoin hard wallet ,
[00:00:49.000 --> 00:00:53.000] the one we will pay in stores for all those luxury things
[00:00:53.000 --> 00:00:56.000] that our grand m others considered elementary .
[00:00:56.000 --> 00:00:59.000] Lim itations in food access for most people
[00:00:59.000 --> 00:01:01.000] and unlimited access for rich elites .
[00:01:01.000 --> 00:01:04.000] So it wasn 't fiction , but prophecy , actually .
[00:01:04.000 --> 00:01:07.000] For me it 's science fiction and officially , when you go to the reader 's room ,
[00:01:07.000 --> 00:01:09.000] you will see it in the science fiction section .
[00:01:09.000 --> 00:01:11.000] So I 'm coming to it like this .
[00:01:11.000 --> 00:01:17.000] If someone wants to consider science fiction a reality , well ...
[00:01:17.000 --> 00:01:21.000] But we should explain to our listeners who is the author of this idea .
[00:01:21.000 --> 00:01:26.000] It 's a group of the largest met ropol ises in the world ,
[00:01:26.000 --> 00:01:28.000] the so - called group of C 40 cities ,
[00:01:28.000 --> 00:01:30.000] which also includes Warsaw .
[00:01:30.000 --> 00:01:36.000] If you were a resident of Warsaw and had such limitations in the perspective of a few or a dozen years ,
[00:01:36.000 --> 00:01:39.000] what would you say to President R afa ? C z ask owski ?
[00:01:39.000 --> 00:01:40.000] Nothing .
[00:01:40.000 --> 00:01:43.000] The repetition of the idea from the science fiction books from the anti - ut opia of the 80 s
[00:01:43.000 --> 00:01:46.000] doesn 't deserve a debate , in my opinion , but a laugh .
[00:01:46.000 --> 00:01:48.000] I 'm happy with these ideas ,
[00:01:48.000 --> 00:01:50.000] because playing chess in a tournament ,
[00:01:50.000 --> 00:01:54.000] when I see that the opponent attacks me in an absurd ly imp udent way ,
[00:01:54.000 --> 00:01:57.000] it means that he will be very exposed ,
[00:01:57.000 --> 00:02:00.000] and if he keeps a minimum of a cool head , I will easily win .
[00:02:00.000 --> 00:02:02.000] So I also look at it this way .
[00:02:02.000 --> 00:02:07.000] The more absurd the ideas will be thrown at us , the better for us .
[00:02:07.000 --> 00:02:13.000] Because if these ideas were st oned , based on some scientific things ...
[00:02:13.000 --> 00:02:15.000] Okay , fine .
[00:02:15.000 --> 00:02:22.000] And when Gre ta Th un berg comes out and says that we will all die and we are to wear linen shirts to the Bos ak ,
[00:02:22.000 --> 00:02:27.000] and she herself flies jet fighters to conferences and gigantic yacht s ,
[00:02:27.000 --> 00:02:29.000] I can 't take it seriously .
[00:02:29.000 --> 00:02:32.000] Especially since it has already been revealed , it is no secret ,
[00:02:32.000 --> 00:02:36.000] that all her pseudo - re thinking is read by her from a book .
[00:02:36.000 --> 00:02:39.000] So someone is just physically controlling her .
[00:02:39.000 --> 00:02:43.000] And there were such incidents where it turned out that she literally reads it all .
[00:02:43.000 --> 00:02:45.000] This is a media project .
[00:02:45.000 --> 00:02:49.000] All these things that they say about good people , eco ...
[00:02:49.000 --> 00:02:53.000] This is just a multiplication of fiction from many decades ago .
[00:02:53.000 --> 00:02:59.000] For me , the classic proof of this is the American sect of Scient ology .
[00:02:59.000 --> 00:03:01.000] It was created by a physicist , a science fiction writer .
[00:03:01.000 --> 00:03:03.000] A completely average science fiction writer .
[00:03:03.000 --> 00:03:06.000] And this religion is one of the richest in the world .
[00:03:06.000 --> 00:03:12.000] There are people like Tom Cruise , Tra vol ta , and hundreds of other well - known and mega - rich people .
[00:03:12.000 --> 00:03:16.000] And people believe in it and give gigantic amounts of money for it .
[00:03:16.000 --> 00:03:18.000] They destroy their whole lives and so on .
[00:03:18.000 --> 00:03:20.000] So if anyone wants to believe it , please .
[00:03:20.000 --> 00:03:24.000] But please forgive me , I will not be in the cult of science fiction .
[00:03:24.000 --> 00:03:29.000] I am too educated , I hope , a rational person to be able to catch up with it .
[00:03:29.000 --> 00:03:34.000] You are sure that laughter is the best method to simply ignore it and then it will not happen ?
[00:03:34.000 --> 00:03:39.000] Well , the example you gave , K ac zu , that such ideas are simply realized .
[00:03:39.000 --> 00:03:43.000] Yes , what I am talking about may sound like some kind of attention ,
[00:03:43.000 --> 00:03:49.000] but I know Scient ology very well , from its literal creation to the present moment ,
[00:03:49.000 --> 00:03:53.000] when people started to leave this cult , they started to expose it .
[00:03:53.000 --> 00:03:56.000] People who were even in the highest ranks of power ,
[00:03:56.000 --> 00:04:00.000] they are now just starting to show it all , how it was , why , how it works .
[00:04:00.000 --> 00:04:02.000] And they are just laughing it off .
[00:04:02.000 --> 00:04:04.000] This is exactly what we are talking about now .
[00:04:04.000 --> 00:04:06.000] Scient ology , to show you the perspective ,
[00:04:06.000 --> 00:04:12.000] is the only organization in the history of the world that has defeated the US Treasury Department .
[00:04:12.000 --> 00:04:14.000] It has put it on its knees , literally .
[00:04:14.000 --> 00:04:19.000] Not only that , they also made the biggest penetration of governments ,
[00:04:19.000 --> 00:04:24.000] better than the state 's agents and so on , secret police , literally .
[00:04:24.000 --> 00:04:29.000] This shows that if you treat it seriously and try to approach it seriously , it is dangerous .
[00:04:29.000 --> 00:04:33.000] But when ordinary people , who had no power , no agency ,
[00:04:33.000 --> 00:04:36.000] started to laugh it off and show absurd ities ,
[00:04:36.000 --> 00:04:39.000] so to say , reveal their " sec ret " news ,
[00:04:39.000 --> 00:04:43.000] suddenly all this power of theirs stopped having any meaning .
[00:04:43.000 --> 00:04:46.000] Now it is just pathetic , funny , stupid .
[00:04:46.000 --> 00:04:48.000] And no one treats it seriously anymore .
[00:04:48.000 --> 00:04:53.000] And I assume that soon this whole gigantic mega - sect will simply fall apart ,
[00:04:53.000 --> 00:04:57.000] because no one will be able to treat it seriously enough .
[00:04:57.000 --> 00:05:00.000] They will believe in this nonsense , science fiction stories .
[00:05:00.000 --> 00:05:05.000] If we also understand the basic truth , that below a certain level there is no discussion .
[00:05:05.000 --> 00:05:12.000] At a certain level of the rhetoric , when partners have more or less comparable knowledge and rational ity of thinking ,
[00:05:12.000 --> 00:05:14.000] discussion is the most brilliant method .
[00:05:14.000 --> 00:05:20.000] But if there is already too much difference in knowledge between the dis cus s ion ,
[00:05:20.000 --> 00:05:22.000] the discussion stops making sense .
[00:05:22.000 --> 00:05:27.000] That 's why I will not discuss , you know , with someone drunk , drunk , intellectually impaired ,
[00:05:27.000 --> 00:05:30.000] because it will simply lead to nothing .
[00:05:30.000 --> 00:05:35.000] As they say , " Don 't argue with an idiot , because he will lead you to his level and overcome it with experience ."
[00:05:35.000 --> 00:05:38.000] We will discuss in a moment .
[00:05:38.000 --> 00:05:40.000] At this point , we ask for a moment of break , patience .
[00:05:40.000 --> 00:05:42.000] We 'll be back to you in a moment .
[00:00:00.000 --> 00:00:02.000] What 's the deal , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:09.760] I came back to our conversation , published in July last year , on the pages of the New Polish Trib une .
[00:00:09.760 --> 00:00:12.560] Well , nine months have passed , actually .
[00:00:12.560 --> 00:00:17.240] Your pre face on the situation on the real estate market has been verified .
[00:00:17.240 --> 00:00:18.740] It 's bad . We all know that .
[00:00:18.740 --> 00:00:21.840] The construction of housing est ates , housing loans , is getting less and less ,
[00:00:21.840 --> 00:00:25.280] there will be 30 % of what was taken a year ago .
[00:00:25.280 --> 00:00:27.840] However , there is no panic sale of real estate .
[00:00:27.840 --> 00:00:30.360] And there is no wave of consumer losses .
[00:00:30.360 --> 00:00:32.360] The first question , I think , is fundamental .
[00:00:32.360 --> 00:00:34.000] Do we still have it in front of us ?
[00:00:34.000 --> 00:00:36.680] Everything I said then is fully supported .
[00:00:36.680 --> 00:00:39.200] Some , as you rightly noticed , have already happened .
[00:00:39.200 --> 00:00:41.200] The continuation will follow .
[00:00:41.200 --> 00:00:45.440] Let 's add , maybe to clarify , that your interview was completely unique ,
[00:00:45.440 --> 00:00:48.360] because other newspapers were putting in an endless housing boom ,
[00:00:48.360 --> 00:00:51.200] and were fore t elling further profits and encouraging speculation .
[00:00:51.200 --> 00:00:54.560] You were the only journalist who warned that there was a breakdown .
[00:00:54.560 --> 00:00:56.560] Well , you warned , I just asked .
[00:00:56.560 --> 00:00:57.960] But it was your interview .
[00:00:57.960 --> 00:01:00.240] You published it , you raised the topic .
[00:01:00.240 --> 00:01:03.360] Others preferred to shout how great it would be , what the situation is ,
[00:01:03.360 --> 00:01:06.400] that housing prices would go up , that there is development here , and so on .
[00:01:06.400 --> 00:01:08.880] You said a very interesting thing in your interview then .
[00:01:08.880 --> 00:01:12.000] That people , when making financial and economic decisions ,
[00:01:12.000 --> 00:01:14.480] do not direct themselves with reason , but with emotions .
[00:01:14.480 --> 00:01:17.840] Nine months ago , everyone said it would be perfect ,
[00:01:17.840 --> 00:01:20.320] because there was still eu phoria on the market .
[00:01:20.320 --> 00:01:23.320] How would you define social mood s now ?
[00:01:23.320 --> 00:01:27.320] And mood s when it comes to the economy and the future .
[00:01:27.320 --> 00:01:29.320] I would call it a surprise .
[00:01:29.320 --> 00:01:33.800] It 's like your beloved girl suddenly gives you a kiss instead of another .
[00:01:33.800 --> 00:01:36.360] You are still smiling , but the smile disappears on your lips ,
[00:01:36.360 --> 00:01:38.000] because you feel a burning cheek .
[00:01:38.000 --> 00:01:41.480] Well , a slight pain , but you know that something has just ended .
[00:01:41.480 --> 00:01:42.480] What will happen next ?
[00:01:42.480 --> 00:01:46.080] Then there will be a shock when you find out that she was sleeping with your boss all the time .
[00:01:46.080 --> 00:01:49.480] And all the sweet kisses were a trick to get money from you
[00:01:49.480 --> 00:01:51.840] and meet a richer man than you .
[00:01:51.840 --> 00:01:53.840] Then there will be a breakdown ,
[00:01:53.840 --> 00:01:57.840] when you come to the concept of the scale of what happened
[00:01:57.840 --> 00:01:59.560] and you will learn the word " food ".
[00:01:59.560 --> 00:02:00.840] I see such a scenario .
[00:02:00.840 --> 00:02:04.280] And it 's not just that the market itself will break down ,
[00:02:04.280 --> 00:02:07.200] but that we will pay for its breakdown .
[00:02:07.200 --> 00:02:10.600] And those who caused it will count the next profits ,
[00:02:10.600 --> 00:02:13.120] because they were making profits all the time ,
[00:02:13.120 --> 00:02:16.600] and people were only living in the U d a .
[00:02:16.600 --> 00:02:17.720] A very interesting comparison .
[00:02:17.720 --> 00:02:18.520] Who is this girl ?
[00:02:18.520 --> 00:02:20.200] Please tell me to the end .
[00:02:20.200 --> 00:02:22.080] This is the housing market .
[00:02:22.080 --> 00:02:23.240] This is all that suddenly ...
[00:02:23.240 --> 00:02:25.640] You know , you buy a house for 200 0 ,
[00:02:25.640 --> 00:02:27.080] and it will be worth 400 .
[00:02:27.080 --> 00:02:29.720] You buy it for 400 , it will probably be worth 800 .
[00:02:29.720 --> 00:02:30.960] So such a romance ...
[00:02:30.960 --> 00:02:33.640] People fell in love with such a romance with an unknown girl ,
[00:02:33.640 --> 00:02:36.960] because how many people who bought a house spec ulated
[00:02:36.960 --> 00:02:38.360] really know about it .
[00:02:38.360 --> 00:02:40.840] They know about real estate , they know about finances ,
[00:02:40.840 --> 00:02:41.960] they know about the economy .
[00:02:41.960 --> 00:02:45.240] People threw themselves , who had no idea about it at all .
[00:02:45.240 --> 00:02:47.400] People entered loans at the age of 30 ,
[00:02:47.400 --> 00:02:49.400] without any economic ba sis .
[00:02:49.400 --> 00:02:51.960] So it was a romance with a ra nd om ly met girl ,
[00:02:51.960 --> 00:02:54.760] who everyone said " Oh , look what a cool , super girl " and so on .
[00:02:54.760 --> 00:02:57.600] And people were delighted , in love , literally .
[00:02:57.600 --> 00:03:00.480] It was a state of emotional eu phoria , in love .
[00:03:00.480 --> 00:03:03.800] " Wow , everything is up , more and more beautiful , more and more fun .
[00:03:03.800 --> 00:03:05.280] I made money on this apartment .
[00:03:05.280 --> 00:03:08.240] I 'm renting it and look , I 'm still making money on it ."
[00:03:08.240 --> 00:03:09.240] Well , love .
[00:03:09.240 --> 00:03:10.520] Love at first sight .
[00:03:10.520 --> 00:03:13.120] But unfortunately , it was fiction , U da .
[00:03:13.120 --> 00:03:15.840] Now the stakes are falling , now brutal facts come ,
[00:03:15.840 --> 00:03:18.200] now comes a double rate of credit .
[00:03:18.200 --> 00:03:19.800] And suddenly , where is that love ?
[00:03:19.800 --> 00:03:22.080] Where is that wonderful , bright future ?
[00:03:22.080 --> 00:03:24.800] Well , I was checking the prices of apartments in O pole .
[00:03:24.800 --> 00:03:27.200] According to the data of the National Bank of Poland ,
[00:03:27.200 --> 00:03:30.640] the last average price since the end of last year
[00:03:30.640 --> 00:03:34.080] is less than 7 , 000 z lot ys per square meter of apartment .
[00:03:34.080 --> 00:03:37.600] In the case of O pole , you can 't see a significant drop .
[00:03:37.600 --> 00:03:41.040] In other cities it is different , there are drops .
[00:03:41.040 --> 00:03:44.040] But on the other hand , inflation is very high .
[00:03:44.040 --> 00:03:46.720] A ver ag e rent s are rising .
[00:03:46.720 --> 00:03:49.440] Res idences have become more accessible
[00:03:49.440 --> 00:03:52.640] thanks to the fact that prices are standing and we earn more .
[00:03:52.640 --> 00:03:55.640] " From what I remember , when I was in O pole ,
[00:03:55.640 --> 00:03:56.640] it 's not a big city .
[00:03:56.640 --> 00:03:59.600] And such prices , as you mention , are some sad joke .
[00:03:59.600 --> 00:04:02.920] To have prices like in much larger cities ?
[00:04:02.920 --> 00:04:04.800] Where 's the point ? Where 's the economy ?
[00:04:04.800 --> 00:04:07.440] It shows that prices are imposed ,
[00:04:07.440 --> 00:04:09.600] not based on demand and supply .
[00:04:09.600 --> 00:04:12.280] Well , of course , counting z lot ys nom inally , as you noticed ,
[00:04:12.280 --> 00:04:16.160] is pointless , because the so - called purchasing power of money is counted ,
[00:04:16.160 --> 00:04:19.000] and it officially drops by almost 20 % annually .
[00:04:19.000 --> 00:04:20.920] So how many lo aves of bread do you buy ?
[00:04:20.920 --> 00:04:22.080] How much milk ? Butter ?
[00:04:22.080 --> 00:04:24.200] It matters , not how much .
[00:04:24.200 --> 00:04:26.800] The price of an apartment doesn 't matter .
[00:04:26.800 --> 00:04:29.960] If the number of purchases decreased ,
[00:04:29.960 --> 00:04:31.960] let 's say by half , although in fact
[00:04:31.960 --> 00:04:34.640] these numbers are much lower than I estimate ,
[00:04:34.640 --> 00:04:36.760] the official , as you mentioned ,
[00:04:36.760 --> 00:04:39.480] data from the financial sector , the banking sector ,
[00:04:39.480 --> 00:04:42.280] say a 70 % drop in the amount of loans given .
[00:04:42.280 --> 00:04:45.800] So the fewer people will want to buy these apartments ,
[00:04:45.800 --> 00:04:49.680] because people don 't have those hundreds of thousands of z lot ys for a tiny piece of land ,
[00:04:49.680 --> 00:04:51.360] because where would they get it from ?
[00:04:51.360 --> 00:04:53.360] So those who had it , bought it a long time ago .
[00:04:53.360 --> 00:04:56.000] We can safely say that at least
[00:04:56.000 --> 00:04:57.520] by half the number of willing people fell .
[00:04:57.520 --> 00:05:01.520] And at this point , it 's shocking that the prices of apartments have fallen .
[00:05:01.520 --> 00:05:02.600] This is shocking .
[00:05:02.600 --> 00:05:04.960] In addition , let 's count the decline of many businesses ,
[00:05:04.960 --> 00:05:07.400] the slow down in successive ones ,
[00:05:07.400 --> 00:05:11.080] and again we return to the brutal awakening
[00:05:11.080 --> 00:05:13.880] from the beautiful dream that the media has painted for us for years .
[00:05:13.880 --> 00:05:15.880] Mr . Mar ius z , time for a short break ,
[00:05:15.880 --> 00:05:17.880] we 'll be back in a moment .
[00:00:00.000 --> 00:00:02.000] What 's the deal , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there ?
[00:00:04.000 --> 00:00:11.000] A lot has happened during our holiday break , after which we cord ially welcome our listeners , good morning .
[00:00:11.000 --> 00:00:17.000] Among other things , the decision was made that in mid - S ept ember , together with the elections , Pol es will participate in the referendum .
[00:00:17.000 --> 00:00:22.000] And as many as two of the four refer end um questions are about em igration .
[00:00:22.000 --> 00:00:28.000] We have already touched on this topic in our hearing , but it shows that the topic of em igration is also important for the authorities .
[00:00:28.000 --> 00:00:36.000] In the 19 th century , em ig rants built America , a country that is a model of development and success for many people .
[00:00:36.000 --> 00:00:43.000] Mr . Mar ius z , maybe there is no reason to be afraid of em igration , since it has such great potential .
[00:00:43.000 --> 00:00:52.000] I must admit that I missed our meetings , especially seeing how many important things were happening in the world of Poland and the world economy at that time .
[00:00:52.000 --> 00:00:57.000] Of course , em ig rants built all the civilizations of the world , as far as I know .
[00:00:57.000 --> 00:01:02.000] So it is definitely a positive phenomenon .
[00:01:02.000 --> 00:01:12.000] However , we live in probably the strang est moment in the history of the world , because the known and used words mean something completely different than they should .
[00:01:12.000 --> 00:01:19.000] If a foreign , culturally and lower in development nation massively influences the diss ent of its inhabitants ,
[00:01:19.000 --> 00:01:25.000] it was called the invasion of barbar ians , not em igration , and it was fought against , not finan ced .
[00:01:25.000 --> 00:01:34.000] This is what we should be afraid of , and the consequences , to be honest , can already be seen in economic statistics around the world .
[00:01:34.000 --> 00:01:39.000] But if someone is paid to come here , it means that the agreement you are talking about is there .
[00:01:39.000 --> 00:01:42.000] If there is no agreement , you do not pay for the arrival .
[00:01:42.000 --> 00:01:48.000] The fact that someone pays for it does not mean that it is in the interest of a given country or a given inhabit ant , sir .
[00:01:48.000 --> 00:01:52.000] Mr . Mar ius z , but you were talking about mass em igration , that it is dangerous .
[00:01:52.000 --> 00:02:01.000] We have examples of European countries , France , England , Germany , which em ig rated in the 1970 s and 1960 s on a mass scale .
[00:02:01.000 --> 00:02:07.000] In England and France , they were often residents of former colonies , in Germany , for example , a large Turkish minority .
[00:02:07.000 --> 00:02:12.000] How did these countries come to such a wide door to their country ?
[00:02:12.000 --> 00:02:13.000] Good question .
[00:02:13.000 --> 00:02:21.000] The facts are that the economy of all the countries you mentioned has been as low as ever since the end of the war .
[00:02:21.000 --> 00:02:25.000] It has never been so bad in England , France or Germany .
[00:02:25.000 --> 00:02:30.000] Why ? Mass natural ization of these inhabitants , for example from Africa .
[00:02:30.000 --> 00:02:34.000] And now even in Paris , you have a district where the police do not know .
[00:02:34.000 --> 00:02:42.000] What is happening there on the streets also does not associate with France and Paris , but with the streets , some dark , g rey ish in Morocco .
[00:02:42.000 --> 00:02:51.000] The Europeans are not able to do business there , because there is no such method to keep them when they are being robbed , attacked every day .
[00:02:51.000 --> 00:02:56.000] You will not get a pizza there , you will not get a car , because they are afraid .
[00:02:56.000 --> 00:02:59.000] If they have to go there , they come in police conv oy s .
[00:02:59.000 --> 00:03:08.000] These are the effects of the acceptance of a large number of foreign cultures , lower in development , in education , in the nation .
[00:03:08.000 --> 00:03:09.000] These are the facts .
[00:03:09.000 --> 00:03:14.000] It is certainly very burdens ome for society , but what impact does it have on the economy ?
[00:03:14.000 --> 00:03:20.000] The German economy , for example , in the 70 s , 80 s , 90 s , was a global potent ate .
[00:03:20.000 --> 00:03:24.000] Yes , it was the largest economic locom otive in Europe .
[00:03:24.000 --> 00:03:29.000] It has been said so so far , of course , it is definitely not true for many , many years .
[00:03:29.000 --> 00:03:34.000] The nail in the coffin was not the em igration , as you say , in those years , because it did not harm them .
[00:03:34.000 --> 00:03:36.000] I mean , it did , but very little .
[00:03:36.000 --> 00:03:41.000] The nail in the coffin was what happened there around 2010 and later .
[00:03:41.000 --> 00:03:49.000] I do not know if you remember this gigantic wave of media nar ration about the famous engineers and doctors of Syria , Africa and so on .
[00:03:49.000 --> 00:03:58.000] How they are blowing up the German economy , that they have valuable hands for work , they are super educated , they are running away from war , so they will work hard here .
[00:03:58.000 --> 00:04:00.000] And their millions .
[00:04:01.000 --> 00:04:08.000] Let 's take a look at the newspaper from the previous season , where the Germans were begging , because it turned out that there was no one to collect the as he s in Germany .
[00:04:08.000 --> 00:04:11.000] Where are they ? Where are those millions ?
[00:04:11.000 --> 00:04:12.000] The hand of work .
[00:04:12.000 --> 00:04:15.000] And some even had two hands , those who came .
[00:04:15.000 --> 00:04:17.000] Only two left , sir .
[00:04:17.000 --> 00:04:19.000] But let 's think logically .
[00:04:19.000 --> 00:04:21.000] And you have two options .
[00:04:21.000 --> 00:04:24.000] You will get money every month for free .
[00:04:24.000 --> 00:04:29.000] And if you will give birth to children , which for some may be even a pleasure ,
[00:04:29.000 --> 00:04:31.000] you will get more money .
[00:04:31.000 --> 00:04:41.000] Or you have to learn the language , culture , get up every morning and under the supervision of a raw German , it is very difficult and honest to work .
[00:04:41.000 --> 00:04:42.000] What do you choose ?
[00:04:42.000 --> 00:04:48.000] You know , I belong to a group of people who would try to somehow take up the work of life and existence .
[00:04:48.000 --> 00:04:50.000] I would not run away from it .
[00:04:50.000 --> 00:04:54.000] You see ? That 's why if you go to Germany , to Great Britain , you will find one .
[00:04:54.000 --> 00:04:58.000] Oh , Pol es , great employees , fantastic , let 's hire them .
[00:04:58.000 --> 00:05:00.000] Because that 's what we are .
[00:05:00.000 --> 00:05:06.000] A normal , intelligent person can not not work .
[00:05:06.000 --> 00:05:12.000] That 's why even those super - rich people find some hobby , so that he would not go crazy , sir .
[00:05:12.000 --> 00:05:21.000] But you have people who came from a completely different mental world , from different values , and the most important thing that the media do not say at all .
[00:05:21.000 --> 00:05:26.000] Those who come , desp ise the country in which they live .
[00:05:26.000 --> 00:05:30.000] They do not respect culture , they do not respect traditions , they do not respect the nation .
[00:05:30.000 --> 00:05:32.000] That 's why they will destroy it .
[00:05:32.000 --> 00:05:34.000] That 's why they will not assim ilate .
[00:05:34.000 --> 00:05:36.000] They teach us their culture , sir .
[00:05:36.000 --> 00:05:40.000] Ra ping our women , imposing their habits .
[00:05:40.000 --> 00:05:47.000] And it 's brutal , literally , without exagger ation , like on the streets of big cities , European , American .
[00:05:47.000 --> 00:05:54.000] That 's why we distinguish , sir , two fundamental realities .
[00:05:54.000 --> 00:06:00.000] When someone goes to culture to assim ilate with it , he asp ires to this culture .
[00:06:00.000 --> 00:06:03.000] A classic example , classical times , the Greek - R oman .
[00:06:03.000 --> 00:06:05.000] They were the leader .
[00:06:05.000 --> 00:06:10.000] And all the nations that came there assim ilated because they wanted to be Roman citizens .
[00:06:10.000 --> 00:06:16.000] Now , ask if Ukrain ians want to cultivate our traditions .
[00:06:16.000 --> 00:06:18.000] They do not care at all .
[00:06:18.000 --> 00:06:20.000] They want to speak Ukrainian .
[00:06:20.000 --> 00:06:22.000] And now the whole of Poland has Ukrainian ins criptions everywhere .
[00:06:22.000 --> 00:06:25.000] What economic benefits will it bring us ?
[00:06:25.000 --> 00:06:31.000] Did the Polish em igration to Canada , America or Australia have announcements in Polish ?
[00:06:31.000 --> 00:06:33.000] In them , really ?
[00:06:33.000 --> 00:06:37.000] Did the Moroc c ans come to France and there were ins criptions in Moroc can ?
[00:06:37.000 --> 00:06:40.000] Go to France today , now .
[00:06:40.000 --> 00:06:41.000] And do you know what you will learn ?
[00:06:41.000 --> 00:06:43.000] You are in my country , speak my language .
[00:06:43.000 --> 00:06:45.000] And if not , it 's your problem .
[00:06:45.000 --> 00:06:47.000] The French have such an approach .
[00:06:47.000 --> 00:06:49.000] And they will say it brutally to you .
[00:06:49.000 --> 00:06:52.000] Let 's take a break and we 'll be back in a moment .
[00:00:00.000 --> 00:00:02.000] What 's going on Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear ?
[00:00:04.000 --> 00:00:09.000] I was surprised when I read the latest information from China .
[00:00:09.000 --> 00:00:13.000] I don 't understand what 's going on in China .
[00:00:13.000 --> 00:00:17.000] It 's about Ever grand e , a global giant .
[00:00:17.000 --> 00:00:19.000] It 's huge , but it 's in a big mess .
[00:00:19.000 --> 00:00:21.000] It 's in danger of bankruptcy .
[00:00:21.000 --> 00:00:23.000] It 's in debt .
[00:00:23.000 --> 00:00:25.000] And suddenly , after a long absence ,
[00:00:25.000 --> 00:00:27.000] this company returns to the Hong Kong stock exchange .
[00:00:27.000 --> 00:00:30.000] And in one day , its shares grow by 20 %.
[00:00:30.000 --> 00:00:33.000] According to logic , if someone is in danger of bankruptcy ,
[00:00:33.000 --> 00:00:35.000] his shares should go up .
[00:00:35.000 --> 00:00:37.000] I would like to get rid of such shares as soon as possible ,
[00:00:37.000 --> 00:00:39.000] before they fall to zero .
[00:00:39.000 --> 00:00:41.000] Meanwhile , it was the opposite .
[00:00:41.000 --> 00:00:42.000] What 's going on ?
[00:00:42.000 --> 00:00:44.000] Interesting question and very useful .
[00:00:44.000 --> 00:00:47.000] As you mentioned , it is the most debt - r idden
[00:00:47.000 --> 00:00:49.000] de vel oper company in the world .
[00:00:49.000 --> 00:00:53.000] And one of the 500 largest companies in the world at the same time .
[00:00:53.000 --> 00:00:55.000] You are right about the logic .
[00:00:55.000 --> 00:00:59.000] Unfortunately , we have to remember that China is a communist country .
[00:00:59.000 --> 00:01:04.000] And everything there is only worth with communist economic logic .
[00:01:04.000 --> 00:01:08.000] Construction in China is responsible for almost one third of the Chinese GDP .
[00:01:08.000 --> 00:01:12.000] The Chinese government has found a way to level its internal debts
[00:01:12.000 --> 00:01:14.000] and at the same time withdraw money from the Chinese
[00:01:14.000 --> 00:01:16.000] in such a genius ly de cept ive scheme
[00:01:16.000 --> 00:01:19.000] of sens eless building of unnecessary apartments ,
[00:01:19.000 --> 00:01:21.000] which in most cases will never be used .
[00:01:21.000 --> 00:01:24.000] And at such absurd ly high prices ,
[00:01:24.000 --> 00:01:27.000] the Chinese are in debt for nothing ,
[00:01:27.000 --> 00:01:30.000] because in fact , no one can afford to buy a plot of land .
[00:01:30.000 --> 00:01:33.000] I would like to remind you that in China ,
[00:01:33.000 --> 00:01:36.000] in order to have any big and profitable business ,
[00:01:36.000 --> 00:01:39.000] you must have knowledge of the authorities .
[00:01:39.000 --> 00:01:43.000] In China , the land belongs to the state and no one else .
[00:01:43.000 --> 00:01:46.000] It is actually impossible to buy land for your own .
[00:01:46.000 --> 00:01:49.000] You can not only rent it for 70 years ,
[00:01:49.000 --> 00:01:51.000] something like in our age - old country ,
[00:01:51.000 --> 00:01:52.000] but much worse .
[00:01:52.000 --> 00:01:55.000] Then the government will take this land from you
[00:01:55.000 --> 00:01:58.000] and sell it again to another developer ,
[00:01:58.000 --> 00:01:59.000] and so on .
[00:01:59.000 --> 00:02:02.000] Of course , let 's add that developers know all about it perfectly well
[00:02:02.000 --> 00:02:07.000] and build as badly and as cheap ly as possible .
[00:02:07.000 --> 00:02:10.000] It comes to the fact that new blocks
[00:02:10.000 --> 00:02:14.000] literally fall apart when they are given .
[00:02:14.000 --> 00:02:17.000] All elev ations , ce il ings , balcon ies fall off .
[00:02:17.000 --> 00:02:20.000] You can break the wall with your finger ,
[00:02:20.000 --> 00:02:23.000] not even being a Chinese Kung Fu champion .
[00:02:23.000 --> 00:02:26.000] Government profits , developers ' purchases of offices
[00:02:26.000 --> 00:02:29.000] are really astronomical .
[00:02:29.000 --> 00:02:32.000] According to my well - known estimates ,
[00:02:32.000 --> 00:02:35.000] so many unnecessary apartments were built
[00:02:35.000 --> 00:02:37.000] in this whole scam scheme ,
[00:02:37.000 --> 00:02:40.000] that it would be enough for 3 billion people .
[00:02:40.000 --> 00:02:43.000] We are talking about additional apartments for 3 billion people .
[00:02:43.000 --> 00:02:46.000] And the whole of China has 1 . 4 billion ,
[00:02:46.000 --> 00:02:47.000] now more or less .
[00:02:47.000 --> 00:02:51.000] 2 times that amount would fit in what has already been built .
[00:02:51.000 --> 00:02:54.000] It sounds as brilliant as selling ice cream with Es k imos
[00:02:54.000 --> 00:02:55.000] at high prices .
[00:02:55.000 --> 00:02:57.000] And it is .
[00:02:57.000 --> 00:03:00.000] And of course , the whole scheme works to a certain extent .
[00:03:00.000 --> 00:03:02.000] Like any lie .
[00:03:02.000 --> 00:03:05.000] Who buys apartments that are in poor technical condition
[00:03:05.000 --> 00:03:06.000] at the beginning ,
[00:03:06.000 --> 00:03:09.000] in 70 years they will have to be demol ished ,
[00:03:09.000 --> 00:03:10.000] and there are too many of them ,
[00:03:10.000 --> 00:03:13.000] it should cause , with normal market mechanisms ,
[00:03:13.000 --> 00:03:15.000] that these apartments will be very cheap .
[00:03:15.000 --> 00:03:16.000] Yes , you are right .
[00:03:16.000 --> 00:03:17.000] But it is not so ,
[00:03:17.000 --> 00:03:20.000] because these are communist China , I remind you .
[00:03:20.000 --> 00:03:21.000] Why do people do it ?
[00:03:21.000 --> 00:03:23.000] Because it is the smartest thing they can do .
[00:03:23.000 --> 00:03:27.000] Because in China you can 't save money ,
[00:03:27.000 --> 00:03:29.000] invest money in any other way .
[00:03:29.000 --> 00:03:31.000] And part of Chinese culture is that
[00:03:31.000 --> 00:03:33.000] you have to have an apartment ,
[00:03:33.000 --> 00:03:36.000] especially if you want to marry a Chinese woman .
[00:03:36.000 --> 00:03:39.000] You understand that the whole mentality of Chinese culture
[00:03:39.000 --> 00:03:41.000] is involved in this .
[00:03:41.000 --> 00:03:43.000] The Chinese spec ulated on apartments on a gigantic scale ,
[00:03:43.000 --> 00:03:45.000] buying something they didn 't need ,
[00:03:45.000 --> 00:03:47.000] for money they don 't have ,
[00:03:47.000 --> 00:03:49.000] in order to sell it with an astronomical profit
[00:03:49.000 --> 00:03:51.000] and buy more apartments .
[00:03:51.000 --> 00:03:53.000] It is exactly a financial pyramid .
[00:03:53.000 --> 00:03:55.000] A de vel oper 's financial pyramid .
[00:03:55.000 --> 00:03:57.000] Why in this case ,
[00:03:57.000 --> 00:03:59.000] all of this didn 't fall , didn 't collapse ?
[00:03:59.000 --> 00:04:02.000] It wouldn 't be avoided in any normal country .
[00:04:02.000 --> 00:04:04.000] The most important word in China ,
[00:04:04.000 --> 00:04:05.000] I don 't know if you remember ,
[00:04:05.000 --> 00:04:06.000] I once explained to you ,
[00:04:06.000 --> 00:04:08.000] what is the most important word in China ?
[00:04:08.000 --> 00:04:10.000] Please forgive my short memory , I forgot .
[00:04:10.000 --> 00:04:11.000] Face .
[00:04:11.000 --> 00:04:13.000] Keeping a face .
[00:04:13.000 --> 00:04:16.000] On a social , economic and political level .
[00:04:16.000 --> 00:04:18.000] It is such a big part of the economy ,
[00:04:18.000 --> 00:04:20.000] that the Chinese government can 't say
[00:04:20.000 --> 00:04:23.000] " Yes , we are indeed fraud ulent idiots ,
[00:04:23.000 --> 00:04:25.000] the whole economy is a joke ,
[00:04:25.000 --> 00:04:27.000] and it all didn 't make sense , that 's why it fell ."
[00:04:27.000 --> 00:04:28.000] No .
[00:04:28.000 --> 00:04:30.000] They have to have a method of getting out with a face ,
[00:04:30.000 --> 00:04:32.000] no matter what the facts are .
[00:04:32.000 --> 00:04:34.000] That 's why you see what 's going on ,
[00:04:34.000 --> 00:04:36.000] and that 's why the Chinese government
[00:04:36.000 --> 00:04:38.000] holds everything very tightly
[00:04:38.000 --> 00:04:41.000] and can manipulate the data as it wants .
[00:04:41.000 --> 00:04:43.000] To sum up , I will say that
[00:04:43.000 --> 00:04:45.000] I will buy these shares myself ,
[00:04:45.000 --> 00:04:47.000] if they are still reasonably cheap ,
[00:04:47.000 --> 00:04:49.000] because even though since July 2020
[00:04:49.000 --> 00:04:52.000] the stock exchange price has fallen by 99 %,
[00:04:52.000 --> 00:04:54.000] in a moment the government can cause
[00:04:54.000 --> 00:04:55.000] that they will be high again ,
[00:04:55.000 --> 00:04:56.000] if it wants to .
[00:04:56.000 --> 00:04:58.000] Mr . Mar ys z u , but in a normal country ,
[00:04:58.000 --> 00:04:59.000] in a normal situation ,
[00:04:59.000 --> 00:05:01.000] the stock exchanges have to publish
[00:05:01.000 --> 00:05:03.000] information about their situation
[00:05:03.000 --> 00:05:04.000] very carefully ,
[00:05:04.000 --> 00:05:06.000] so that the investors ,
[00:05:06.000 --> 00:05:08.000] the shareholders can decide
[00:05:08.000 --> 00:05:10.000] whether to buy or sell .
[00:05:10.000 --> 00:05:12.000] Does it work like that in China ?
[00:05:12.000 --> 00:05:13.000] It absolutely doesn 't .
[00:05:13.000 --> 00:05:15.000] Ever grand e , as I said ,
[00:05:15.000 --> 00:05:17.000] is the most debt - r idden
[00:05:17.000 --> 00:05:19.000] de vel oper company in the world ,
[00:05:19.000 --> 00:05:21.000] and in the last two years alone
[00:05:21.000 --> 00:05:24.000] it has lost about 80 billion dollars .
[00:05:24.000 --> 00:05:26.000] It doesn 't matter , really .
[00:05:26.000 --> 00:05:28.000] The numbers don 't matter ,
[00:05:28.000 --> 00:05:30.000] because really , sir ,
[00:05:30.000 --> 00:05:32.000] another thing is important .
[00:05:32.000 --> 00:05:34.000] This is a company that is
[00:05:34.000 --> 00:05:36.000] actually a part of the Chinese government .
[00:05:36.000 --> 00:05:38.000] You have to remember that .
[00:05:38.000 --> 00:05:40.000] As long as the Chinese government is active ,
[00:05:40.000 --> 00:05:42.000] exists , is under power ,
[00:05:42.000 --> 00:05:44.000] these companies will also work
[00:05:44.000 --> 00:05:46.000] if the Chinese government decides so .
[00:05:46.000 --> 00:05:47.000] Exactly .
[00:05:47.000 --> 00:05:49.000] And no prices have any impact on it .
[00:05:49.000 --> 00:05:51.000] They can suddenly get any contracts ,
[00:05:51.000 --> 00:05:52.000] any financing ,
[00:05:52.000 --> 00:05:54.000] any things can go wrong ,
[00:05:54.000 --> 00:05:56.000] because the Chinese government controls it ,
[00:05:56.000 --> 00:05:57.000] not any economy , sir .
[00:05:57.000 --> 00:05:59.000] Mr . Mar ys zu , please , a moment of break .
[00:00:00.000 --> 00:00:02.000] What 's the news , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear ?
[00:00:04.000 --> 00:00:08.000] I found the data of the main statistical office , which are related to the end of last year .
[00:00:08.000 --> 00:00:16.000] It turns out that Pol es are increasingly sus pe nd ing their companies and are not in a hurry to open new ones , at least not at the pace as before .
[00:00:16.000 --> 00:00:21.000] This is how it is with the market economy , that someone will succeed , someone will fall , someone will fail .
[00:00:21.000 --> 00:00:26.000] Is the current scale of this phenomenon different from what has been happening in Poland so far ?
[00:00:26.000 --> 00:00:31.000] Or can it be a sign of something bad in our economy ?
[00:00:31.000 --> 00:00:33.000] I think so .
[00:00:33.000 --> 00:00:38.000] Almost every third entrepreneur thinks about closing the company , and every second one would look for work in the stage .
[00:00:38.000 --> 00:00:42.000] We read in the research " E ss ay Business " from 2002 .
[00:00:42.000 --> 00:00:44.000] Maybe I 'll give a few facts .
[00:00:44.000 --> 00:00:47.000] Pol es are leaders in entrepreneurship on a global scale .
[00:00:47.000 --> 00:00:51.000] For example , 78 % of Pol es believe that running your own business is a good idea .
[00:00:51.000 --> 00:00:59.000] This is the second highest result among 21 countries studied in Europe and the tenth among 50 countries in the world .
[00:00:59.000 --> 00:01:01.000] So we respect business men .
[00:01:01.000 --> 00:01:03.000] We are entrepreneurs .
[00:01:03.000 --> 00:01:06.000] Amazing ly . And on a global scale .
[00:01:06.000 --> 00:01:09.000] Not only that , we like entre pr ene urs .
[00:01:09.000 --> 00:01:17.000] 77 % of Pol es believe that people who run a business and are successful should be recognized .
[00:01:17.000 --> 00:01:20.000] This is the sixth best result in Europe .
[00:01:20.000 --> 00:01:27.000] So there is a will , there is respect , but unfortunately all these positives destroy the media .
[00:01:27.000 --> 00:01:29.000] You don 't mean the Gaz eta Tele w iz ja ?
[00:01:29.000 --> 00:01:32.000] I mean all of this .
[00:01:32.000 --> 00:01:40.000] In 2016 , 58 % wrote positively , and in 2019 , after three years , only 37 %.
[00:01:40.000 --> 00:01:42.000] It 's a drop by half .
[00:01:42.000 --> 00:01:45.000] These are research es from CB OS .
[00:01:45.000 --> 00:01:47.000] This shows what 's going on .
[00:01:47.000 --> 00:01:50.000] Pol es are an incredibly entre pr ene ur ial nation .
[00:01:50.000 --> 00:01:59.000] We respect entrepreneurs , but the sudden external factors are disturbing us .
[00:01:59.000 --> 00:02:03.000] But you 're not suggesting that the media are running a campaign that is aimed at entrepreneurship .
[00:02:03.000 --> 00:02:05.000] No , I have no evidence for that .
[00:02:05.000 --> 00:02:08.000] I 'm talking about facts , not spec ulations , not assumptions .
[00:02:08.000 --> 00:02:10.000] I 'm talking about facts . These are the facts .
[00:02:10.000 --> 00:02:15.000] But a Polish entrepreneur is strong enough not to care about media reports and just does his own thing .
[00:02:15.000 --> 00:02:17.000] I 'm sure of that .
[00:02:17.000 --> 00:02:21.000] That 's right , but again , more data .
[00:02:21.000 --> 00:02:29.000] In 2019 , only 6 % of Pol es wanted to start a company in the next three years , so until 2022 .
[00:02:29.000 --> 00:02:32.000] And this is a result half lower than the average European .
[00:02:32.000 --> 00:02:37.000] So suddenly , we fall from the leader to people who don 't want to start a business .
[00:02:37.000 --> 00:02:42.000] Not that they don 't want to , but it 's much lower than the average in Europe .
[00:02:42.000 --> 00:02:47.000] This must show some disturbing trends .
[00:02:47.000 --> 00:02:50.000] I have some great positive data .
[00:02:50.000 --> 00:02:58.000] For example , Pol es are twice as good as the average European in the number of existing mature businesses .
[00:02:58.000 --> 00:03:01.000] So about 13 % to 8 % in Europe .
[00:03:01.000 --> 00:03:03.000] So almost twice as much .
[00:03:03.000 --> 00:03:09.000] But again , in all other aspects , i . e . young , new and just established businesses ,
[00:03:09.000 --> 00:03:14.000] we fall again below the average European .
[00:03:14.000 --> 00:03:16.000] These are really disturbing data .
[00:03:16.000 --> 00:03:25.000] For the last 9 years , the index of people running young companies has decreased in Poland from 9 to 5 . 4 % of the population .
[00:03:25.000 --> 00:03:31.000] However , the index of running mature companies has increased from 5 to 12 . 8 %.
[00:03:31.000 --> 00:03:33.000] I suspect that it is decided by income .
[00:03:33.000 --> 00:03:37.000] M ature companies have a good situation and earn well , and young ones , unfortunately , are having a hard time ,
[00:03:37.000 --> 00:03:39.000] so no one is trying to make them .
[00:03:39.000 --> 00:03:43.000] But why in Europe and in other countries it is not so ?
[00:03:43.000 --> 00:03:48.000] Perhaps they use more support from the surrounding state .
[00:03:48.000 --> 00:03:51.000] I suspect that it is exactly as you said .
[00:03:51.000 --> 00:03:58.000] Because indeed , as far as I remember , Poland is in second place in Europe and 10 th in the world
[00:03:58.000 --> 00:04:03.000] among the countries with the most complex business rules .
[00:04:03.000 --> 00:04:09.000] So this is the Global Business Complex ity Index 2021 data .
[00:04:09.000 --> 00:04:14.000] So we are at the top , where it is most difficult to run a business .
[00:04:14.000 --> 00:04:17.000] And we are talking about 10 th place in the world , 2 nd in Europe .
[00:04:17.000 --> 00:04:21.000] So we are at the very bottom when it comes to conditions .
[00:04:21.000 --> 00:04:26.000] Which , as you rightly noticed , can lead to the fact that we want less and less .
[00:04:26.000 --> 00:04:32.000] In addition , as we said , the media do not encourage , do not build a positive image of a businessman .
[00:04:32.000 --> 00:04:36.000] The same is confirmed by the so - called National Ind ic ator of Entreprene urs hip Cond itions ,
[00:04:36.000 --> 00:04:39.000] where we are at the very bottom , 15 th place out of 22 .
[00:04:39.000 --> 00:04:41.000] Well , that 's not encouraging .
[00:04:41.000 --> 00:04:44.000] Funny . Do you know who is in first place ?
[00:04:44.000 --> 00:04:46.000] Romania , Bulgaria ?
[00:04:46.000 --> 00:04:49.000] No , Switzerland . Because it is the best there .
[00:04:49.000 --> 00:04:53.000] That is why rich countries have much higher indicators ,
[00:04:53.000 --> 00:04:56.000] so it is better to run a business there .
[00:04:56.000 --> 00:05:02.000] Where it is bad to run a business , unfortunately , the indicators will be low .
[00:05:02.000 --> 00:05:07.000] I will only add that Poland got the same points as Belarus .
[00:05:07.000 --> 00:05:09.000] And it 's better to leave it without comment .
[00:05:09.000 --> 00:05:16.000] All this is also due to the current or contemporary two years of difficulties related to energy increases .
[00:05:16.000 --> 00:05:19.000] But we 'll come back to this topic after the break .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:06.000] Mr . Mar ius z , I didn 't hear it , but I saw it .
[00:00:06.000 --> 00:00:08.000] Actually , I see it every day ,
[00:00:08.000 --> 00:00:10.000] that in my area , every other house
[00:00:10.000 --> 00:00:13.000] has been installed in the last years , photo vol ta ic panels .
[00:00:13.000 --> 00:00:16.000] In sunny days , they produce so much energy ,
[00:00:16.000 --> 00:00:18.000] that they need to be turned off .
[00:00:18.000 --> 00:00:20.000] Because the network doesn 't accept
[00:00:20.000 --> 00:00:22.000] that much energy .
[00:00:22.000 --> 00:00:24.000] It happens especially on Sundays ,
[00:00:24.000 --> 00:00:26.000] when most of the production plants ,
[00:00:26.000 --> 00:00:28.000] which usually use a lot of energy ,
[00:00:28.000 --> 00:00:30.000] don 't work .
[00:00:30.000 --> 00:00:32.000] At the same time , in our area ,
[00:00:32.000 --> 00:00:34.000] every now and then , another company
[00:00:34.000 --> 00:00:36.000] makes a proposal ,
[00:00:36.000 --> 00:00:38.000] and wants to build huge photo vol ta ic farms .
[00:00:38.000 --> 00:00:40.000] In a moment , it will turn out ,
[00:00:40.000 --> 00:00:42.000] that we have over production of green energy ,
[00:00:42.000 --> 00:00:44.000] or we already have over production
[00:00:44.000 --> 00:00:46.000] of green energy .
[00:00:46.000 --> 00:00:48.000] Can it all be somehow balanced ,
[00:00:48.000 --> 00:00:50.000] calculated , and built so many installations ,
[00:00:50.000 --> 00:00:52.000] that it would be just right ?
[00:00:52.000 --> 00:00:54.000] Actually , it could be ,
[00:00:54.000 --> 00:00:56.000] but of course , it 's impossible .
[00:00:56.000 --> 00:00:58.000] It 's worth to think ,
[00:00:58.000 --> 00:01:00.000] how it 's all arranged .
[00:01:00.000 --> 00:01:02.000] Firstly , people think ,
[00:01:02.000 --> 00:01:04.000] that connecting something to the network ,
[00:01:04.000 --> 00:01:06.000] solves any issue .
[00:01:06.000 --> 00:01:08.000] No , it doesn 't solve anything ,
[00:01:08.000 --> 00:01:10.000] because it 's just the beginning
[00:01:10.000 --> 00:01:12.000] of the whole scheme .
[00:01:12.000 --> 00:01:14.000] It 's an issue , not only concerning Poland .
[00:01:14.000 --> 00:01:16.000] It concerns all countries ,
[00:01:16.000 --> 00:01:18.000] which have producers
[00:01:18.000 --> 00:01:20.000] and energy receivers ,
[00:01:20.000 --> 00:01:22.000] more than one source .
[00:01:22.000 --> 00:01:24.000] Technically , I know ,
[00:01:24.000 --> 00:01:26.000] that it could be calculated perfectly ,
[00:01:26.000 --> 00:01:28.000] but I know ,
[00:01:28.000 --> 00:01:30.000] that in our system ,
[00:01:30.000 --> 00:01:32.000] in our system of managing networks ,
[00:01:32.000 --> 00:01:34.000] it 's totally impossible .
[00:01:34.000 --> 00:01:36.000] There are only two reasons .
[00:01:36.000 --> 00:01:38.000] One , it 's incompet ence ,
[00:01:38.000 --> 00:01:40.000] and obvious care lessness of all other governments
[00:01:40.000 --> 00:01:42.000] about the security of energy of Poland ,
[00:01:42.000 --> 00:01:44.000] combined with the EU 's
[00:01:44.000 --> 00:01:46.000] imposed limits ,
[00:01:46.000 --> 00:01:48.000] which are in no way
[00:01:48.000 --> 00:01:50.000] consistent with what
[00:01:50.000 --> 00:01:52.000] currently works in Poland .
[00:01:52.000 --> 00:01:54.000] But Mr . Mar ius z ,
[00:01:54.000 --> 00:01:56.000] it seems , that you can manage this process ,
[00:01:56.000 --> 00:01:58.000] because you 're giving out subsidies ,
[00:01:58.000 --> 00:02:00.000] and in the past , it was quite good ,
[00:02:00.000 --> 00:02:02.000] for people , who install
[00:02:02.000 --> 00:02:04.000] small photo vol ta ic installations .
[00:02:04.000 --> 00:02:06.000] Without such subsidies ,
[00:02:06.000 --> 00:02:08.000] would installation and production
[00:02:08.000 --> 00:02:10.000] of green energy from the sun
[00:02:10.000 --> 00:02:12.000] be profitable ?
[00:02:12.000 --> 00:02:14.000] The idea of subsidies is
[00:02:14.000 --> 00:02:16.000] an economic idiot ism for me .
[00:02:16.000 --> 00:02:18.000] Think about it .
[00:02:18.000 --> 00:02:20.000] If we have to pay more ,
[00:02:20.000 --> 00:02:22.000] it 's stupid ity of the government
[00:02:22.000 --> 00:02:24.000] and citizens .
[00:02:24.000 --> 00:02:26.000] If it 's not profitable for citizens ,
[00:02:26.000 --> 00:02:28.000] it 's obviously
[00:02:28.000 --> 00:02:30.000] a harm to citizens ,
[00:02:30.000 --> 00:02:32.000] and therefore to the state ,
[00:02:32.000 --> 00:02:34.000] and it 's called tre ason .
[00:02:34.000 --> 00:02:36.000] Because the government has the possibility
[00:02:36.000 --> 00:02:38.000] and even the duty to know
[00:02:38.000 --> 00:02:40.000] what is profitable and what is not .
[00:02:40.000 --> 00:02:42.000] So where are the places for subsidies ?
[00:02:42.000 --> 00:02:44.000] The whole mechanism
[00:02:44.000 --> 00:02:46.000] is that the influential
[00:02:46.000 --> 00:02:48.000] and greedy mega - rich
[00:02:48.000 --> 00:02:50.000] have influence on
[00:02:50.000 --> 00:02:52.000] greedy and influential politicians .
[00:02:52.000 --> 00:02:54.000] What for ?
[00:02:54.000 --> 00:02:56.000] To sell ill og ically expensive ,
[00:02:56.000 --> 00:02:58.000] and sometimes un profit able
[00:02:58.000 --> 00:03:00.000] technologies
[00:03:00.000 --> 00:03:02.000] on a mass scale .
[00:03:02.000 --> 00:03:04.000] You add
[00:03:04.000 --> 00:03:06.000] some cool ideology ,
[00:03:06.000 --> 00:03:08.000] a few regulations ,
[00:03:08.000 --> 00:03:10.000] and success is ready .
[00:03:10.000 --> 00:03:12.000] A politician bo asts about taking care
[00:03:12.000 --> 00:03:14.000] of the destroyed land ,
[00:03:14.000 --> 00:03:16.000] of the past generations ,
[00:03:16.000 --> 00:03:18.000] and of the citizens ,
[00:03:18.000 --> 00:03:20.000] so that they live better and more modern .
[00:03:20.000 --> 00:03:22.000] A businessman , of course ,
[00:03:22.000 --> 00:03:24.000] counts coloss al profits ,
[00:03:24.000 --> 00:03:26.000] which he has never achieved ,
[00:03:26.000 --> 00:03:28.000] acting honestly and according to capitalism .
[00:03:28.000 --> 00:03:30.000] And the citizen will pay for it anyway .
[00:03:30.000 --> 00:03:32.000] Because all the subsidies
[00:03:32.000 --> 00:03:34.000] and all the entities and offices
[00:03:34.000 --> 00:03:36.000] are living comfortably
[00:03:36.000 --> 00:03:38.000] from the money taken
[00:03:38.000 --> 00:03:40.000] from his own pocket .
[00:03:40.000 --> 00:03:42.000] And they will make his children 's lives worse ,
[00:03:42.000 --> 00:03:44.000] because most of these actions
[00:03:44.000 --> 00:03:46.000] will be of the next generation .
[00:03:46.000 --> 00:03:48.000] Just like these unfortunate
[00:03:48.000 --> 00:03:50.000] and in all aspects harmful
[00:03:50.000 --> 00:03:52.000] wind farms ,
[00:03:52.000 --> 00:03:54.000] which you mentioned .
[00:03:54.000 --> 00:03:56.000] They have literally no advantages
[00:03:56.000 --> 00:03:58.000] from any point of view ,
[00:03:58.000 --> 00:04:00.000] and the disadvantages themselves .
[00:04:00.000 --> 00:04:02.000] Well , apart from , of course ,
[00:04:02.000 --> 00:04:04.000] mega - profit for those who sell them .
[00:04:04.000 --> 00:04:06.000] Let 's add that I 'm talking about Poland .
[00:04:06.000 --> 00:04:08.000] Because there are places in the world
[00:04:08.000 --> 00:04:10.000] where it makes sense ,
[00:04:10.000 --> 00:04:12.000] but the fees are still expensive
[00:04:12.000 --> 00:04:14.000] and the efficiency is low .
[00:04:14.000 --> 00:04:16.000] Just like the whole shop
[00:04:16.000 --> 00:04:18.000] with these electric cars .
[00:04:18.000 --> 00:04:20.000] The rule of the economy
[00:04:20.000 --> 00:04:22.000] cannot be cheated .
[00:04:22.000 --> 00:04:24.000] So instead of being better ,
[00:04:24.000 --> 00:04:26.000] it 's worse .
[00:04:26.000 --> 00:04:28.000] Which you can probably see with the naked eye ,
[00:04:28.000 --> 00:04:30.000] even being a complete financial ill iter ate .
[00:04:30.000 --> 00:04:32.000] Mr . Mar ius z , I invite you for a break .
[00:04:32.000 --> 00:04:34.000] We will continue the topic in a moment .
[00:00:00.000 --> 00:00:02.000] What 's the deal , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:09.000] Mr . Mar ius z , there are moments in history when even the economy goes down the drain .
[00:00:09.000 --> 00:00:16.000] And I would like to offer you a conversation about what is happening now in Israel and Palestine , about the drama that is happening there .
[00:00:16.000 --> 00:00:20.000] For decades , it has been one of the hottest places on earth .
[00:00:20.000 --> 00:00:28.000] D iff ere nt interests meet , Jews , Arabs , full of dramas , human f ates , even what is happening now .
[00:00:28.000 --> 00:00:38.000] Our knowledge of the region is often very superficial and refers to what we repeat , to such running slog ans , to opinions that are repeated many times .
[00:00:38.000 --> 00:00:50.000] One of such opinions is quite often repeated the idea that Shin Bet , i . e . the Israeli internal intelligence , and Moss ad , i . e . foreign intelligence , are the best intelligence services in the world .
[00:00:50.000 --> 00:01:03.000] Meanwhile , these services , as we have seen recently , did not prevent the attack of thousands of terrorists , fighters in Israel , mass ac res of civilian population .
[00:01:03.000 --> 00:01:07.000] Should the inter vie w know about such an operation ? Could it have avoided it ?
[00:01:07.000 --> 00:01:19.000] I admit that I am not a specialist in military affairs , especially in interviews , but I have found that military secrets are often more connected with the economy and finances than someone might think .
[00:01:19.000 --> 00:01:26.000] Here , I have met analysts who believe that such a big oversight cannot be a coincidence .
[00:01:26.000 --> 00:01:37.000] This is perhaps an element of internal str uggle , for example , for power , because Net any ahu does not enjoy such an este em as most people think .
[00:01:37.000 --> 00:01:51.000] There are also concepts that the government , although it knew about the planned attacks , did not take any action on purpose to have a reason to destroy something that has been a big problem for them for years .
[00:01:51.000 --> 00:01:58.000] Israel has been w aging wars with its neighbors , with Arab countries , for almost 70 years .
[00:01:58.000 --> 00:02:07.000] The Palestinian autonomy , which it finally agreed to , is not even a state . Ham as is not an official army , it is a terrorist organization .
[00:02:07.000 --> 00:02:18.000] What political goals do they have for Ham as in such a loud and drastic attack , which ended in a massacre with many victims ?
[00:02:18.000 --> 00:02:28.000] On both sides , and probably in the final balance , when this war is over , it will turn out that there will be more victims on the Palestinian side . Why do they need it ?
[00:02:28.000 --> 00:02:33.000] Let 's note that Ham as is not just a regular combat unit .
[00:02:33.000 --> 00:02:42.000] It is part of the larger forces of Islamic fighters called muj ah ide en , literally fighters .
[00:02:42.000 --> 00:02:55.000] I am not going to explain to you in a few minutes all the complexity of the ties , competition , conflicts between many Muslim forces .
[00:02:55.000 --> 00:03:01.000] I will just say that so far Ham as has been receiving money from Israel itself .
[00:03:01.000 --> 00:03:13.000] And it was probably recognized by Israel as the only Palestinian organization . And by its fellow Br it ish , it was considered a collabor ator .
[00:03:13.000 --> 00:03:23.000] With this act , I understand that it is cut off from this , and thus it gets a chance to finance from rich she ikh s .
[00:03:23.000 --> 00:03:31.000] The Islamic world is also divided into poor and rich . But they have a unique method .
[00:03:31.000 --> 00:03:41.000] It is called zak at , and it is a pr inci ple of practically every Muslim community to give up the surplus of the property of every Muslim .
[00:03:41.000 --> 00:03:50.000] In this way , the rich she ikh s pay the units of the suicide fighters to secure their luxurious life .
[00:03:50.000 --> 00:03:55.000] And on the occasion of this , they try to calm the poor , by covering themselves up against the overthrow of their governments .
[00:03:55.000 --> 00:04:01.000] This is a fairly complex system of economic ties and completely unint uitive for the West .
[00:04:01.000 --> 00:04:05.000] So what , Ham as was just running for money attacking Israel ?
[00:04:05.000 --> 00:04:12.000] This is obvious . Do you remember our broadcast where we talk about what is needed to wage war ?
[00:04:12.000 --> 00:04:18.000] Money , money and money . Ham as is no exception here . They also need money .
[00:04:18.000 --> 00:04:22.000] Israel has long since stopped giving them money because they have become radical .
[00:04:22.000 --> 00:04:24.000] So this is quite obvious .
[00:04:24.000 --> 00:04:30.000] Mr . Mar ius z , but the disproportion of forces is so great . Israel really has a perfect army .
[00:04:30.000 --> 00:04:35.000] It can summon 300 , 000 people in a country that has several million citizens .
[00:04:35.000 --> 00:04:39.000] They have perfect military technology .
[00:04:39.000 --> 00:04:46.000] In armed conflicts with Arab countries , it has always decided to make sharp moves , to take a decisive stance .
[00:04:46.000 --> 00:04:49.000] It has always defended its territory and its citizens .
[00:04:49.000 --> 00:04:54.000] How could it be expected that such an opponent could win with such a country ?
[00:04:54.000 --> 00:05:00.000] They didn 't go there to win . They went there to die .
[00:05:00.000 --> 00:05:04.000] By sending thousands of fighters to conquer the whole country ,
[00:05:04.000 --> 00:05:08.000] which is written in their assumptions that every citizen is a soldier ,
[00:05:08.000 --> 00:05:13.000] they predicted that those who were sent would die .
[00:05:13.000 --> 00:05:15.000] So they went to die .
[00:05:15.000 --> 00:05:17.000] Die and kill .
[00:05:17.000 --> 00:05:22.000] Yes , because this is the biggest possible gain for them .
[00:05:22.000 --> 00:05:26.000] You are probably aware of the assumptions of Islam ,
[00:05:26.000 --> 00:05:34.000] including the fact that if you die for the good of Islam , you get the famous virgin ity and so on .
[00:05:34.000 --> 00:05:38.000] They are promised lux uries that they currently see in those rich she ikh s .
[00:05:38.000 --> 00:05:41.000] But they don 't have the slightest chance of it .
[00:05:41.000 --> 00:05:47.000] Not only that , but all those fighters are extremely poor
[00:05:47.000 --> 00:05:53.000] and don 't even have a chance for a decent life for themselves or their children .
[00:05:53.000 --> 00:05:57.000] That 's why joining those fighting groups , those suicide attacks ,
[00:05:57.000 --> 00:06:03.000] is the smartest thing they can do in life to improve the fate of their loved ones .
[00:06:03.000 --> 00:06:05.000] Most often after death .
[00:06:05.000 --> 00:06:08.000] This is a typical manipulation that we know in the economy ,
[00:06:08.000 --> 00:06:11.000] for example , financial pyram ids .
[00:06:11.000 --> 00:06:17.000] Give me your money today , and one day you will get so much that you will not believe your luck .
[00:06:17.000 --> 00:06:20.000] Those she ikh s already have a mega profit today ,
[00:06:20.000 --> 00:06:25.000] and the naive ones are waiting for the promised profits , which they never see anyway .
[00:06:25.000 --> 00:06:27.000] Mrs . Mar ius z , I invite you for a break .
[00:00:00.000 --> 00:00:01.680] What 's up , Mr . Mar ius z ?
[00:00:01.680 --> 00:00:03.400] What did you hear there again ?
[00:00:03.400 --> 00:00:06.280] I 'd like us to talk about inflation today .
[00:00:06.280 --> 00:00:10.800] After all , it 's the favorite topic of economic media for over a year .
[00:00:10.800 --> 00:00:14.280] Recently , the president of the National Bank of Poland announced
[00:00:14.280 --> 00:00:18.960] that for the first time in many months , the rate of inflation in Poland has dropped a bit .
[00:00:18.960 --> 00:00:24.080] In March , we had 16 % increase in inflation in a year ,
[00:00:24.080 --> 00:00:26.680] while a year ago it was 14 %.
[00:00:26.680 --> 00:00:30.600] Let 's remind that in the first year of the pandemic , i . e . in 2020 ,
[00:00:30.600 --> 00:00:33.080] inflation was only 3 . 5 %.
[00:00:33.080 --> 00:00:36.040] Why is inflation so high in general ?
[00:00:36.040 --> 00:00:38.040] First , maybe an important note .
[00:00:38.040 --> 00:00:41.800] Talking about inflation is always talking about something
[00:00:41.800 --> 00:00:44.120] that we cannot say anything about exactly .
[00:00:44.120 --> 00:00:45.800] About something we don 't know .
[00:00:45.800 --> 00:00:53.720] There is no number that shows us exactly what this en igm atic inflation is .
[00:00:53.720 --> 00:00:58.520] You can manipulate these numbers quite freely .
[00:00:58.520 --> 00:01:03.720] The only thing we know about inflation is that we certainly don 't know what it is .
[00:01:03.720 --> 00:01:06.440] This is so that it is known what we are talking about .
[00:01:06.440 --> 00:01:12.040] We compare price indicators , i . e . prices for a set of articles
[00:01:12.040 --> 00:01:15.280] that were on average a year ago , two years ago .
[00:01:15.280 --> 00:01:17.280] That 's how it counts .
[00:01:17.280 --> 00:01:18.480] I know how it counts .
[00:01:18.480 --> 00:01:24.080] If you understood the technique of counting and the method of creating these aver aged values ,
[00:01:24.080 --> 00:01:26.240] you would understand what I 'm talking about .
[00:01:26.240 --> 00:01:27.760] There are three levels of lies .
[00:01:27.760 --> 00:01:30.560] Small lie , big lie and statistics .
[00:01:30.560 --> 00:01:34.000] If you have to choose between manipulating prices ,
[00:01:34.000 --> 00:01:36.240] you will suddenly say , " Wait , wait , this is some kind of science fiction ."
[00:01:36.240 --> 00:01:38.640] Well , literally , it is .
[00:01:38.640 --> 00:01:41.040] We don 't even know if it 's 10 or 20 .
[00:01:41.040 --> 00:01:41.960] That 's the truth .
[00:01:41.960 --> 00:01:44.680] We feel that it is growing , because we feel it on our wall ets .
[00:01:44.680 --> 00:01:45.680] Yes , you are right .
[00:01:45.680 --> 00:01:49.280] It is definitely visible whether inflation is falling or rising .
[00:01:49.280 --> 00:01:50.480] Absolutely .
[00:01:50.480 --> 00:01:53.360] Moreover , each country has its own factors .
[00:01:53.360 --> 00:01:55.360] The European Union has GDP .
[00:01:55.360 --> 00:01:57.760] We have GDP , most often used .
[00:01:57.760 --> 00:01:59.960] In addition , inflation is not one word .
[00:01:59.960 --> 00:02:02.680] We have many types of inflation .
[00:02:02.680 --> 00:02:05.760] For example , the Central Bank uses base inflation .
[00:02:05.760 --> 00:02:09.280] There are many types of calculated , analyzed .
[00:02:09.280 --> 00:02:12.200] Which shows that we really don 't know what we are talking about .
[00:02:12.200 --> 00:02:13.800] But why is it growing , Mr . Mar ius z ?
[00:02:13.800 --> 00:02:14.880] Why is it growing like this ?
[00:02:14.880 --> 00:02:16.440] There is only one reason I know .
[00:02:16.440 --> 00:02:17.320] I 'm listening carefully .
[00:02:17.320 --> 00:02:21.360] In fl ation is a result of a bad economic state .
[00:02:21.360 --> 00:02:24.280] Ladies and gentlemen , read " Man aging " with a bad name .
[00:02:24.280 --> 00:02:25.560] I don 't know any other reason .
[00:02:25.560 --> 00:02:29.400] Apparently , inflation gives the government additional income .
[00:02:29.400 --> 00:02:31.280] I wonder if it always happens like this ,
[00:02:31.280 --> 00:02:34.560] or at some point the situation simply gets out of control .
[00:02:34.560 --> 00:02:36.640] It 's not really about additional income .
[00:02:36.640 --> 00:02:40.640] In fl ation is a phenomenon that brutally punish es
[00:02:40.640 --> 00:02:43.360] people who are hard - working , honest ,
[00:02:43.360 --> 00:02:47.200] and rewards losers , thieves and manip ulators .
[00:02:47.200 --> 00:02:49.320] The government uses the most inflation .
[00:02:49.320 --> 00:02:51.840] They are very good at high inflation .
[00:02:51.840 --> 00:02:54.560] Especially when we talk about poorly managed countries .
[00:02:54.560 --> 00:02:58.440] This means that they are paying their internal debt .
[00:02:58.440 --> 00:03:01.480] In fact , the government has no money , to put it shortly .
[00:03:01.480 --> 00:03:03.000] It doesn 't create anything by itself .
[00:03:03.000 --> 00:03:04.480] It doesn 't produce anything .
[00:03:04.480 --> 00:03:06.600] It can only live from someone .
[00:03:06.600 --> 00:03:07.200] From work .
[00:03:07.200 --> 00:03:07.760] Someone .
[00:03:07.760 --> 00:03:09.120] And now , when you think about it ,
[00:03:09.120 --> 00:03:14.600] someone 's work , i . e . people who really introduce some value to the economy ,
[00:03:14.600 --> 00:03:16.960] are the ones who lose the most on inflation .
[00:03:16.960 --> 00:03:19.480] And the government that owes heavily ,
[00:03:19.480 --> 00:03:22.440] that is , it can 't manage the money it takes from you .
[00:03:22.440 --> 00:03:25.080] Not only does it take , it also le ts go of this money .
[00:03:25.080 --> 00:03:27.440] Not only does it let go of the money it gets from you ,
[00:03:27.440 --> 00:03:30.680] it also destroys those who give it to it .
[00:03:30.680 --> 00:03:32.400] It steals them in many ways .
[00:03:32.400 --> 00:03:34.080] For example , through inflation .
[00:03:34.080 --> 00:03:36.800] Because inflation steals those who have savings , for example .
[00:03:36.800 --> 00:03:38.800] It punish es them for having money .
[00:03:38.800 --> 00:03:40.600] Because you have to separate two things .
[00:03:40.600 --> 00:03:45.320] A fictional currency , bank not es , from the real value in the economy .
[00:03:45.320 --> 00:03:47.080] The economy works on two levels .
[00:03:47.080 --> 00:03:50.560] On the f ict ional level , nominal , and on the real level .
[00:03:50.560 --> 00:03:52.240] If we talk about some inflation indicators ,
[00:03:52.240 --> 00:03:54.160] we are also talking about some fictional numbers ,
[00:03:54.160 --> 00:03:56.440] that someone can manipulate , calculate as they want ,
[00:03:56.440 --> 00:03:58.720] choose baskets , set averages .
[00:03:58.720 --> 00:04:01.960] You know , these are very big possibilities of manipulation .
[00:04:01.960 --> 00:04:02.880] And the real level ,
[00:04:02.880 --> 00:04:06.560] i . e . what is really the level of life of people rising or falling .
[00:04:06.560 --> 00:04:07.840] And everyone will know it .
[00:04:07.840 --> 00:04:09.120] You will go to any country ,
[00:04:09.120 --> 00:04:11.560] and within an hour I will tell you what the economic state is like ,
[00:04:11.560 --> 00:04:13.680] without knowing any parameters , nothing .
[00:04:13.680 --> 00:04:14.360] Completely .
[00:04:14.360 --> 00:04:15.720] It 's that simple .
[00:04:15.720 --> 00:04:18.680] Mr . Mar ius z , but inflation affects not only Poland ,
[00:04:18.680 --> 00:04:21.840] it affects all the countries of the EU , the United States .
[00:04:21.840 --> 00:04:23.480] So all economies are sick ?
[00:04:23.480 --> 00:04:25.040] Yes , you noticed it nicely .
[00:04:25.040 --> 00:04:26.920] Good , quite a deep thought .
[00:04:26.920 --> 00:04:28.440] You know what globalization is .
[00:04:28.440 --> 00:04:30.840] That 's why all economies are sick ,
[00:04:30.840 --> 00:04:33.240] because if you have five tanks of water ,
[00:04:33.240 --> 00:04:34.840] and you poison one with water ,
[00:04:34.840 --> 00:04:37.720] what will happen after some time , in an inevitable way ?
[00:04:37.720 --> 00:04:39.080] The disease will spread .
[00:04:39.080 --> 00:04:40.560] Exactly , bra vo !
[00:04:40.560 --> 00:04:41.360] Exactly .
[00:04:41.360 --> 00:04:43.320] This is a real pandemic .
[00:04:43.320 --> 00:04:45.480] This is something that destroys us , kills us ,
[00:04:45.480 --> 00:04:46.640] literally , literally .
[00:04:46.640 --> 00:04:48.920] People are dying and will die en masse
[00:04:48.920 --> 00:04:51.720] because of the destruction of the economy ,
[00:04:51.720 --> 00:04:52.880] i . e . the source of their su st ain ability .
[00:04:52.880 --> 00:04:55.000] Because that 's what you live from , what you produce .
[00:04:55.000 --> 00:04:55.840] And if you don 't produce anything ,
[00:04:55.840 --> 00:04:58.240] if someone else destroys the money you produce
[00:04:58.240 --> 00:05:00.960] and destroys the source of the money you produce ,
[00:05:00.960 --> 00:05:02.720] i . e . for example , destroys your business ,
[00:05:02.720 --> 00:05:03.840] well , you will just die .
[00:05:03.840 --> 00:05:04.760] There is no other option .
[00:05:04.760 --> 00:05:05.640] There is no such magic .
[00:05:05.640 --> 00:05:07.480] Mr . Mar ius z , I invite you to take a break for a moment .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:03.640] What did you hear again ?
[00:00:03.640 --> 00:00:07.600] The whole Poland is talking about the Pand ora Gate scandal and it 's hard not to hear about it .
[00:00:07.600 --> 00:00:09.100] It sounds pretty serious .
[00:00:09.100 --> 00:00:14.000] Water gate in the United States once overth rew the presidency of President Nixon .
[00:00:14.000 --> 00:00:16.900] Our scandal so far has only been reflected by a sn itch ,
[00:00:16.900 --> 00:00:20.600] a certain influencer known on the Internet as Stu ,
[00:00:20.600 --> 00:00:26.000] who is suspected of ped oph ilia , but we will not be here to judge his guilt or his performances .
[00:00:26.000 --> 00:00:27.800] I wanted to talk about something else .
[00:00:27.800 --> 00:00:31.000] Personally , I am surprised , because I started watching these films on the Internet ,
[00:00:31.000 --> 00:00:32.600] watching , listening .
[00:00:32.600 --> 00:00:37.700] I am surprised that people who are known , mainly because they are known ,
[00:00:37.700 --> 00:00:42.300] can make such a lot of money on it and gain such huge popularity .
[00:00:42.300 --> 00:00:47.400] In my opinion , this is contrary to the principles of common sense , not to mention the use of economics .
[00:00:47.400 --> 00:00:51.000] You touched on a few issues at the same time , so maybe one by one .
[00:00:51.000 --> 00:00:55.800] The Pand ora Gate itself came from the mythical woman Pand ora .
[00:00:55.800 --> 00:00:58.600] A beautiful , but not very honest , quite dece it ful ,
[00:00:58.600 --> 00:01:01.600] who was sent by the gods to punish people .
[00:01:01.600 --> 00:01:05.200] And they added such a tight , closed box to her .
[00:01:05.200 --> 00:01:07.600] All misf ortun es were closed there .
[00:01:07.600 --> 00:01:10.400] And after opening , they were released into the world .
[00:01:10.400 --> 00:01:13.800] Just like in the myth , the same thing happened here .
[00:01:13.800 --> 00:01:18.100] Beautiful women , these influencers , but not necessarily honest or wise ,
[00:01:18.100 --> 00:01:21.600] living in un mar ried and loose relationships with many often handsome ,
[00:01:21.600 --> 00:01:26.100] usually rich and always almost well - known idols of children and youth ,
[00:01:26.100 --> 00:01:30.000] had dark secrets that freed them to the world .
[00:01:30.000 --> 00:01:34.600] Among other things , that the beautiful girls were in a relationship with much older idols ,
[00:01:34.600 --> 00:01:37.400] with the participation of various forms of sexual intimacy .
[00:01:37.400 --> 00:01:39.900] As one of the suspects explained in the media ,
[00:01:39.900 --> 00:01:44.400] all the media should be accused , the largest companies ,
[00:01:44.400 --> 00:01:48.700] singers and parents , for what happened to their children .
[00:01:48.700 --> 00:01:50.300] We are talking about 12 - 13 year olds .
[00:01:50.300 --> 00:01:53.400] They watched music , movies , YouTube channels ,
[00:01:53.400 --> 00:01:58.100] where almost naked women are w av ing and talking about sex in such a way ,
[00:01:58.100 --> 00:02:02.100] that I assure you , the Lord would not be able to speak publicly .
[00:02:02.100 --> 00:02:08.300] And the largest female idols are really such a modern form of par ap rost itution .
[00:02:08.300 --> 00:02:11.700] Let 's look at the world with the eyes of a teenager , at the world of economics .
[00:02:11.700 --> 00:02:15.200] What are the richest , most famous women in the world ?
[00:02:15.200 --> 00:02:18.300] Are they wise business men , invent ors , scientists ?
[00:02:18.300 --> 00:02:20.300] No , there is no such thing .
[00:02:20.300 --> 00:02:23.100] I challenge the listeners .
[00:02:23.100 --> 00:02:28.800] Find and give us a very famous and rich woman ,
[00:02:28.800 --> 00:02:34.800] who came to all this alone , only with her own work and talent .
[00:02:34.800 --> 00:02:37.400] Mrs . Mar ius z Maria Sk ? od ows ka - K ir ill 100 years ago .
[00:02:37.400 --> 00:02:38.800] She was not rich .
[00:02:38.800 --> 00:02:39.800] But she is famous .
[00:02:39.800 --> 00:02:42.700] But she has not lived for a long time .
[00:02:42.700 --> 00:02:46.200] I 'm talking about what is cur r ently , what these 12 - year - olds will admire .
[00:02:46.200 --> 00:02:48.200] Well , I can 't think of such an example .
[00:02:48.200 --> 00:02:53.700] I have two models that , in my opinion , explain almost all women 's so - called success in the world .
[00:02:53.700 --> 00:02:55.700] One , I call it sexy l ala ,
[00:02:55.700 --> 00:02:59.700] that is , she finds a much older , disgusting ly rich , half - b oss y guy .
[00:02:59.700 --> 00:03:03.400] Another is an imm oral and usually not very talented artist ,
[00:03:03.400 --> 00:03:07.900] who earns millions because she knows who to give herself to and does it many times over the years .
[00:03:07.900 --> 00:03:09.700] And she 's not even their wife or lover .
[00:03:09.700 --> 00:03:12.400] She 's like a prost itute on the call .
[00:03:12.400 --> 00:03:17.100] We are talking about the biggest stars of the television , cinema , world of music ,
[00:03:17.100 --> 00:03:20.500] who gave themselves to the disgusting , influential guys , for example in Hollywood ,
[00:03:20.500 --> 00:03:22.900] to get a million dollars .
[00:03:22.900 --> 00:03:27.200] Thus , throwing out the most capable and honest women from work .
[00:03:27.200 --> 00:03:29.900] We are talking about the biggest stars in the world ,
[00:03:29.900 --> 00:03:34.700] in the style of S ia m a Ha q , Ashley Jud d , G wyn eth P alt row , Angel ina J olie or Lady Gaga .
[00:03:34.700 --> 00:03:37.400] They got a million dollars for sex .
[00:03:37.400 --> 00:03:40.600] They did it , although they were famous and rich ,
[00:03:40.600 --> 00:03:43.300] but they wanted to be even more famous and rich .
[00:03:43.300 --> 00:03:44.800] They do it out of greed .
[00:03:44.800 --> 00:03:47.100] And it works , sir !
[00:03:47.100 --> 00:03:50.100] Let 's start to break this phenomenon apart a bit from the beginning .
[00:03:50.100 --> 00:03:56.200] What do influencers actually do , what do they offer their viewers or listeners ,
[00:03:56.200 --> 00:03:57.800] and how do they earn money on it ?
[00:03:57.800 --> 00:04:01.000] And probably the most important question - how much can you earn on it ?
[00:04:01.000 --> 00:04:03.000] You can earn a lot .
[00:04:03.000 --> 00:04:05.300] We are talking about tens of millions ,
[00:04:05.300 --> 00:04:09.500] I can already think of people who literally earned hundreds of millions of dollars .
[00:04:09.500 --> 00:04:12.300] On being , as you say , known for being known ,
[00:04:12.300 --> 00:04:15.100] without any specific measurable skill ,
[00:04:15.100 --> 00:04:16.700] that you can do something , I don 't know , do .
[00:04:16.700 --> 00:04:20.600] Do you remember our hearing about Bud Light and this trans vest ite ?
[00:04:20.600 --> 00:04:24.800] I remember perfectly , but it 's probably an example of which the consequences were the opposite of what was intended .
[00:04:24.800 --> 00:04:30.300] His campaign , Bud Light beer , ended with the sale of the beer starting to drop rapidly .
[00:04:30.300 --> 00:04:31.400] He didn 't hit it somehow .
[00:04:31.400 --> 00:04:34.700] Well , maybe he did well on it , but his client wasn 't the best .
[00:04:34.700 --> 00:04:36.900] It doesn 't concern anyone . It doesn 't concern customers .
[00:04:36.900 --> 00:04:38.500] It doesn 't concern influencers .
[00:04:38.500 --> 00:04:40.800] And it doesn 't even concern companies , sir .
[00:04:40.800 --> 00:04:45.300] They can lose tens of billions of dollars , and it doesn 't affect them at all .
[00:04:45.300 --> 00:04:48.700] Because CEOs don 't get money , sir , when the company is doing well ,
[00:04:48.700 --> 00:04:51.000] but when investors are satisfied .
[00:04:51.000 --> 00:04:54.600] And if the investor pushed the J & J 's , as it was then ,
[00:04:54.600 --> 00:05:00.600] then the CEO gets a bonus , even if the company is falling in the ratings like a stone .
[00:05:00.600 --> 00:05:01.700] Who will lose on it ?
[00:05:01.700 --> 00:05:04.800] Well , ordinary citizens will lose on it , small shareholders and so on .
[00:05:04.800 --> 00:05:08.900] Because they put a lot of money into it , and that 's the truth .
[00:05:08.900 --> 00:05:10.800] The clients paid for it all .
[00:05:10.800 --> 00:05:12.100] Who does it concern ?
[00:05:12.100 --> 00:05:13.100] Nobody , exactly .
[00:05:13.100 --> 00:05:14.400] So what 's the difference ?
[00:05:14.400 --> 00:05:16.100] Now , Americans just drink different beers .
[00:05:16.100 --> 00:05:17.000] That 's all .
[00:05:17.000 --> 00:05:18.300] Nothing happened .
[00:05:18.300 --> 00:05:21.300] Mr . Mar ius z , but let 's go back to this mechanism of becoming popular .
[00:05:21.300 --> 00:05:26.000] Well , in the past , to appear in an ad , you had to be a famous actor ,
[00:05:26.000 --> 00:05:29.300] known from the scene , from the movie , a famous artist .
[00:05:29.300 --> 00:05:29.900] What now ?
[00:05:29.900 --> 00:05:33.500] An influencer is enough that there are no sc ru ples , no shame ,
[00:05:33.500 --> 00:05:36.600] because he speaks and shows everything and gains popularity ?
[00:05:36.600 --> 00:05:39.000] More or less , you described it correctly .
[00:05:39.000 --> 00:05:42.000] You know what ? I get an example like fishing .
[00:05:42.000 --> 00:05:43.700] Inf lu en cers are the owners of p onds .
[00:05:43.700 --> 00:05:49.100] They fish their p onds , and companies want to catch as many fish as possible .
[00:05:49.100 --> 00:05:50.600] Because that 's what they live on .
[00:05:50.600 --> 00:05:53.700] If an influencer shows " there are a million fish in my pond ",
[00:05:53.700 --> 00:05:55.900] and the other one says " I have 5 million fish ".
[00:05:55.900 --> 00:05:58.600] Companies calculate the indicators in CP T ,
[00:05:58.600 --> 00:06:02.100] which is such an expense for a thousand people who see our ads , for example .
[00:06:02.100 --> 00:06:06.300] So it 's worth it to give it to those who have the largest audience .
[00:06:06.300 --> 00:06:08.100] How do you get viewers ?
[00:06:08.100 --> 00:06:12.300] Just like for centuries , something that is attractive is shown ,
[00:06:12.300 --> 00:06:15.500] and people go crazy for it , sir .
[00:06:15.500 --> 00:06:20.300] What is attractive for such little girls , 12 - 13 years old ?
[00:06:20.300 --> 00:06:22.200] They used to dream about dolls , Mr . Mar ius z .
[00:06:22.200 --> 00:06:26.700] Now they probably think about success , money , attractive partners .
[00:06:26.700 --> 00:06:28.900] Well , I don 't know what the world can offer .
[00:06:28.900 --> 00:06:30.900] There is such a magical word - hyper g amy .
[00:06:30.900 --> 00:06:34.500] It is the key to most economic phenomena in the world , sir .
[00:06:34.500 --> 00:06:39.900] Generally , it 's about women dreaming about finding an attractive partner .
[00:06:39.900 --> 00:06:42.100] Once it meant a strong warrior , etc .
[00:06:42.100 --> 00:06:46.500] Because he could get food in difficult conditions , defend against danger ,
[00:06:46.500 --> 00:06:48.100] so he was a perfect partner .
[00:06:48.100 --> 00:06:51.300] Now he 's just a rich and influential man .
[00:06:51.300 --> 00:06:55.300] That 's why you have a situation that some beautiful models ...
[00:06:55.300 --> 00:06:58.100] In short , now they should be called prost it utes ,
[00:06:58.100 --> 00:07:01.500] because a model is not a model , just like an actress is not an actress .
[00:07:01.500 --> 00:07:05.300] Her job is not to be an actress , but to look like a sex symbol .
[00:07:05.300 --> 00:07:09.100] Let 's look at the most successful careers in the world .
[00:07:09.100 --> 00:07:10.100] Mel ania Trump .
[00:07:10.100 --> 00:07:12.300] The first lady in the world , sir .
[00:07:12.300 --> 00:07:14.700] Poor girl , she came from Europe ,
[00:07:14.700 --> 00:07:19.900] and there she just offered various services , 99 % of the time , dis m iss ed .
[00:07:19.900 --> 00:07:22.100] Oh , there is the first lady !
[00:07:22.100 --> 00:07:23.700] What kind of lady , sir ?
[00:07:23.700 --> 00:07:26.100] You don 't become a lady through such a profession .
[00:07:26.100 --> 00:07:28.900] The most famous women in the world .
[00:07:28.900 --> 00:07:30.100] How did they get there ?
[00:07:30.100 --> 00:07:31.500] They officially said it .
[00:07:31.500 --> 00:07:34.700] They pretended to be a sexually sed uct ive guy in Hollywood .
[00:07:34.700 --> 00:07:37.300] And in various other places where they were just producers ,
[00:07:37.300 --> 00:07:38.900] had influence on some contracts .
[00:07:38.900 --> 00:07:41.900] They did it for years .
[00:07:41.900 --> 00:07:44.700] And they are the idols of these girls .
[00:07:44.700 --> 00:07:48.900] Mr . Mar ius z , let 's put a dot , but it 's just a break in our conversation .
[00:00:00.000 --> 00:00:01.600] What 's going on , Mr . Mar ius z ?
[00:00:01.600 --> 00:00:03.600] What did you hear from the spe aker ?
[00:00:03.600 --> 00:00:08.400] I was wandering around the Internet and found a blog of a Pole who lives in Japan
[00:00:08.400 --> 00:00:13.600] and who talks about the living conditions of a country that is a world economic power .
[00:00:13.600 --> 00:00:17.100] Most Japanese people don 't have their own home .
[00:00:17.100 --> 00:00:21.400] They rent apartments for the rest of their lives because they simply can 't afford to buy one .
[00:00:21.400 --> 00:00:26.800] For a 20 - meter - high tile , you had to go to Tokyo two years ago ,
[00:00:26.800 --> 00:00:30.400] pay a rent of about PL N 2 , 000 .
[00:00:30.400 --> 00:00:34.800] A two - t imes - lar ger apartment , 40 meters is the standard for a family ,
[00:00:34.800 --> 00:00:38.400] is two times or more expensive .
[00:00:38.400 --> 00:00:44.400] Only people with a stable job and good income can afford such a rent .
[00:00:44.400 --> 00:00:50.000] Meanwhile , in Poland , two - thirds of the population lives in their own home or apartment .
[00:00:50.000 --> 00:00:55.200] Does this mean that the Japanese should envy us and build a second Poland ?
[00:00:55.200 --> 00:00:57.200] Of course not .
[00:00:57.200 --> 00:01:00.000] I 'd rather say that most of them wouldn 't fit in here .
[00:01:00.000 --> 00:01:03.400] Because , as far as I remember ,
[00:01:03.400 --> 00:01:08.400] at least 60 % of Japanese people have their own apartment .
[00:01:08.400 --> 00:01:15.400] But I 'm right that the number of apartments that Pol es have is a huge number .
[00:01:15.400 --> 00:01:17.400] This is absolutely true .
[00:01:17.400 --> 00:01:22.000] But economically , let 's face it , it 's a completely different world .
[00:01:22.000 --> 00:01:27.400] Japan was and still is one of the most powerful economies in the world .
[00:01:27.400 --> 00:01:29.800] As for the cost of living in Japan ,
[00:01:29.800 --> 00:01:33.000] it 's not as if you could think that apartments are more expensive ,
[00:01:33.000 --> 00:01:35.000] it 's not .
[00:01:35.000 --> 00:01:37.000] There is a huge dich ot omy in Japan ,
[00:01:37.000 --> 00:01:44.000] a gap between Tokyo and the dozen s of largest cities in Japan .
[00:01:44.000 --> 00:01:51.200] Indeed , owning your own new apartment in Tokyo is a task for a billionaire .
[00:01:51.200 --> 00:01:53.800] A billionaire is not able to get such apartments ,
[00:01:53.800 --> 00:01:55.800] it 's practically beyond his reach .
[00:01:55.800 --> 00:01:57.800] This is absurd , indeed .
[00:01:57.800 --> 00:02:03.800] But in the vast majority of Japan , apartments are very cheap .
[00:02:03.800 --> 00:02:08.800] Moreover , you can have an apartment for free .
[00:02:08.800 --> 00:02:11.800] In the province , I understand , you 're talking about the province .
[00:02:11.800 --> 00:02:14.800] Yes , it 's like in Sic ily and many other places ,
[00:02:14.800 --> 00:02:17.800] for one euro you can have the whole house .
[00:02:17.800 --> 00:02:18.800] Why is that ?
[00:02:18.800 --> 00:02:22.800] There are a few elements , but I 'll show you the main ones .
[00:02:22.800 --> 00:02:27.800] One is the effect of the gigantic demographic gap
[00:02:27.800 --> 00:02:30.800] and the gigantic migration .
[00:02:30.800 --> 00:02:34.800] Young people are fleeing to Tokyo at all costs .
[00:02:34.800 --> 00:02:38.800] The rest of Japan is totally dep op ulated .
[00:02:38.800 --> 00:02:40.800] In such an absurd way ,
[00:02:40.800 --> 00:02:46.800] that you have a whole school ag gl omer ate in large provinces ,
[00:02:46.800 --> 00:02:49.800] where 20 children go to study .
[00:02:49.800 --> 00:02:51.800] For a gigantic house .
[00:02:51.800 --> 00:02:53.800] The whole school has that much .
[00:02:53.800 --> 00:02:55.800] There are only a few older people there .
[00:02:55.800 --> 00:02:57.800] That 's all .
[00:02:57.800 --> 00:03:00.800] Really , in the Japanese province ,
[00:03:00.800 --> 00:03:03.800] you would be surprised how it works .
[00:03:03.800 --> 00:03:07.800] In a large part , it is very traditional ,
[00:03:07.800 --> 00:03:09.800] much more than a traditional Polish village .
[00:03:09.800 --> 00:03:11.800] This is a very interesting topic .
[00:03:11.800 --> 00:03:14.800] In addition to Tokyo , in addition to a few places ,
[00:03:14.800 --> 00:03:17.800] a few nights at most , it is not like that at all .
[00:03:17.800 --> 00:03:19.800] It is not expensive , it is not crowded .
[00:03:19.800 --> 00:03:24.800] In Tokyo , you can rent a flat easier than in Warsaw .
[00:03:24.800 --> 00:03:27.800] Because the market works very well when it comes to rent .
[00:03:27.800 --> 00:03:30.800] Bu ying , as I said , is practically impossible .
[00:03:30.800 --> 00:03:32.800] But the flat ? Yes .
[00:03:32.800 --> 00:03:34.800] It is quite real .
[00:03:34.800 --> 00:03:37.800] People rent and manage themselves quite well .
[00:03:37.800 --> 00:03:40.800] Mr . Mar us z , but from the perspective of a simple man ,
[00:03:40.800 --> 00:03:43.800] people , since their country is a economic power ,
[00:03:43.800 --> 00:03:45.800] since they cannot afford an apartment ,
[00:03:45.800 --> 00:03:49.800] or they live in very modest Spart an conditions .
[00:03:49.800 --> 00:03:51.800] Japanese apartments are like a cage .
[00:03:51.800 --> 00:03:54.800] You can 't even walk on the floor in your shoes .
[00:03:54.800 --> 00:03:58.800] Compared to this , we live comfortably , modern ly .
[00:03:58.800 --> 00:04:03.800] So maybe , however , a country that is involved in housing policy in Poland ,
[00:04:03.800 --> 00:04:05.800] and has always been involved ,
[00:04:05.800 --> 00:04:08.800] in this case , has some positive effect .
[00:04:08.800 --> 00:04:12.800] First of all , walking without shoes is part of their heritage and lifestyle ,
[00:04:12.800 --> 00:04:14.800] not a necessity .
[00:04:14.800 --> 00:04:17.800] Equ ip ment in a Japanese house is much better than in Poland .
[00:04:17.800 --> 00:04:18.800] More modern .
[00:04:18.800 --> 00:04:20.800] If you went to a Japanese toilet ,
[00:04:20.800 --> 00:04:23.800] you would not know what to do , first of all .
[00:04:23.800 --> 00:04:26.800] And even the richest Pol es would have a problem
[00:04:26.800 --> 00:04:29.800] and would be shocked at how high - level
[00:04:29.800 --> 00:04:31.800] ordinary , average Japanese lives ,
[00:04:31.800 --> 00:04:35.800] who gets a salary from the company and is not important to anyone .
[00:04:35.800 --> 00:04:38.800] He is just an ordinary office worker .
[00:04:38.800 --> 00:04:39.800] That 's how it looks .
[00:04:39.800 --> 00:04:41.800] They just have a different culture .
[00:04:41.800 --> 00:04:44.800] And they spend their money in a different way .
[00:04:44.800 --> 00:04:47.800] To make it clear , for the sake of balance ,
[00:04:47.800 --> 00:04:49.800] that for Pol es , for Europeans ,
[00:04:49.800 --> 00:04:52.800] the quality of Japanese buildings is a joke .
[00:04:52.800 --> 00:04:54.800] Because the walls are so thin ,
[00:04:54.800 --> 00:04:56.800] that you can hear every neighbor ,
[00:04:56.800 --> 00:04:59.800] not just your neighbor , but the neighbor 's neighbor ,
[00:04:59.800 --> 00:05:03.800] with such details that you would not want to hear it .
[00:05:03.800 --> 00:05:07.800] However , this is the result of the seism ological curse of Japan
[00:05:07.800 --> 00:05:09.800] and many other factors .
[00:05:09.800 --> 00:05:12.800] That 's right , Mr . Mar ius z , let 's finish with Japan ,
[00:05:12.800 --> 00:05:14.800] let 's go to Poland , to our yard ,
[00:05:14.800 --> 00:05:16.800] but I suggest we do it after the break .
[00:00:00.000 --> 00:00:01.500] What 's going on , Mr . Mar ius z ?
[00:00:01.500 --> 00:00:03.100] What did you hear there again ?
[00:00:03.100 --> 00:00:08.700] I read some terrifying data about the financial loss of the National Bank of Poland for the past year .
[00:00:08.700 --> 00:00:13.800] In previous years , the N B P had quite a lot of profits , which always go to the state budget .
[00:00:13.800 --> 00:00:19.600] And last year , our National Central Bank , led by President Adam Gl api ? ski ,
[00:00:19.600 --> 00:00:23.300] brought 17 billion z lot ys in losses .
[00:00:23.300 --> 00:00:25.100] For me , this is a gigantic amount .
[00:00:25.100 --> 00:00:32.200] Does this mean that the state budget , i . e . all of us , will be adding to the bank to cover these losses ?
[00:00:32.200 --> 00:00:34.900] The answer is obvious and three - part .
[00:00:34.900 --> 00:00:37.000] No , yes , it doesn 't matter .
[00:00:37.000 --> 00:00:40.200] Then please divide it into parts .
[00:00:40.200 --> 00:00:41.000] Why not ?
[00:00:41.000 --> 00:00:43.600] Because the Central Bank is not an ordinary business .
[00:00:43.600 --> 00:00:46.800] It can work with any loss .
[00:00:46.800 --> 00:00:51.700] It doesn 't need money from anyone , because it creates money itself , as much as it wants .
[00:00:51.700 --> 00:00:53.200] But then why yes ?
[00:00:53.200 --> 00:00:55.900] Yes , because inflation steals Pol es .
[00:00:55.900 --> 00:01:03.700] And , to put it as gently as possible , the incompet ent Central Bank is high inflation and economic collapse .
[00:01:03.700 --> 00:01:08.100] So we will pay for it through other elements , for example , through inflation .
[00:01:08.100 --> 00:01:12.500] It 's like a policeman at a cross roads , who is supposed to drive cars .
[00:01:12.500 --> 00:01:16.200] But if this policeman causes traffic j ams and accidents ,
[00:01:16.200 --> 00:01:21.100] it 's probably a bad sign , because he does more harm than good .
[00:01:21.100 --> 00:01:25.400] In my opinion , this is the bad policeman , our Central Bank .
[00:01:25.400 --> 00:01:27.400] And of course , the third part .
[00:01:27.400 --> 00:01:29.100] So it doesn 't matter .
[00:01:29.100 --> 00:01:33.600] Because the Central Bank is to fight inflation , not to bring profits .
[00:01:33.600 --> 00:01:40.600] That 's why the level of profits or losses is completely irrelevant and shouldn 't be assessed at all .
[00:01:40.600 --> 00:01:48.200] During Mr . Adam Gl api ? ski 's term , the N B P had a shock ingly high income from the state budget .
[00:01:48.200 --> 00:01:52.900] They showed 35 . 54 billion in profits .
[00:01:52.900 --> 00:01:58.300] And even if there is a loss , it will still be an incredible amount .
[00:01:58.300 --> 00:02:03.000] The Prime Minister probably wasn 't happy , because such money , a few billion , could always be spent somehow .
[00:02:03.000 --> 00:02:09.300] But how did it happen ? How could the National Bank of Poland make losses , if it doesn 't run an economic activity ?
[00:02:09.300 --> 00:02:11.500] Yes , I fully understand your surprise .
[00:02:11.500 --> 00:02:13.200] Because it sounds idiot ic .
[00:02:13.200 --> 00:02:16.100] Someone has losses , someone is printing money .
[00:02:16.100 --> 00:02:17.700] Well , funny .
[00:02:17.700 --> 00:02:22.000] To understand this , you have to go through a bit of the basic mechanism of macro e conom ics .
[00:02:22.000 --> 00:02:24.300] De bt ed governments issue bonds .
[00:02:24.300 --> 00:02:29.300] When , for example , there is a panic , for example a war , panic behavior occurs in the stock exchanges .
[00:02:29.300 --> 00:02:31.000] For example , prices jump rapidly .
[00:02:31.000 --> 00:02:33.000] What makes it jump ? In fl ation .
[00:02:33.000 --> 00:02:36.000] Then , interest rates are raised to so othe it .
[00:02:36.000 --> 00:02:45.400] For example , the National Bank of Ukraine Council made a decision to increase the annual interest rate from 10 % to 25 % on the 100 th day of the invasion .
[00:02:45.400 --> 00:02:48.200] One time , by 15 percentage points .
[00:02:48.200 --> 00:02:53.500] Indeed , there are shocking movements , but I 'm just showing an example , the most well - known example , the biggest one .
[00:02:53.500 --> 00:02:57.000] Because generally , these jumps are at the percent level , etc .
[00:02:57.000 --> 00:03:01.800] This type , even 0 . 25 %, let 's say this is such a normal regulation .
[00:03:01.800 --> 00:03:06.300] Well , here I showed the most well - known , shocking example for an economist .
[00:03:06.300 --> 00:03:07.500] Okay , but what happens next ?
[00:03:07.500 --> 00:03:11.600] After all these movements , interest rates on local loans increase .
[00:03:11.600 --> 00:03:18.200] Well , because you know , if the interest rates are higher , banks cannot maintain a low interest rate , because they would lose on it .
[00:03:18.200 --> 00:03:19.300] So they raise .
[00:03:19.300 --> 00:03:23.000] But all this is only going to the real mechanism .
[00:03:23.000 --> 00:03:27.700] For governments to continue to borrow , they must increase the attract iveness of their bonds .
[00:03:27.700 --> 00:03:33.300] Because who buys bonds for 2 % when the bank will get a 5 % or 20 % lock out , as in the case of Ukraine ?
[00:03:33.300 --> 00:03:34.500] It will stop working .
[00:03:34.500 --> 00:03:41.300] So all financial entities start over p ric ing earlier bonds , i . e . the low interest rate ones .
[00:03:41.300 --> 00:03:47.700] And everything is fine until they have to sell these bonds or wait for the term of their so - called volatility .
[00:03:47.700 --> 00:03:49.500] 2 , 5 , 10 , 30 years .
[00:03:49.500 --> 00:03:52.100] Because such bonds are actually generated .
[00:03:52.100 --> 00:03:57.600] However , problems arise when the bank has to sell old bonds .
[00:03:57.600 --> 00:04:00.200] This is how this loud Silicon Valley Bank fell .
[00:04:00.200 --> 00:04:03.000] And that 's where we have the current banking crisis in the USA , right ?
[00:04:03.000 --> 00:04:04.700] Exactly such a mechanism .
[00:04:04.700 --> 00:04:10.200] And now , central banks and all really large financial entities are loc ating their currency reserves ,
[00:04:10.200 --> 00:04:14.500] in Poland it is about 150 billion euros , in the bond of other countries .
[00:04:14.500 --> 00:04:18.600] So they buy these debt papers for each other .
[00:04:18.600 --> 00:04:23.000] When they have to sell these papers , they reveal losses .
[00:04:23.000 --> 00:04:26.400] And that 's where the losses of N B P and other central banks come from .
[00:04:26.400 --> 00:04:31.000] But as I said , these losses don 't matter , which we have already talked about before .
[00:04:31.000 --> 00:04:34.600] Mrs . Mar ys ia , let 's take a break in the lecture . We 'll be back in a moment .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear again ?
[00:00:04.000 --> 00:00:07.000] We 'll get to the topic of our today 's broadcast in a moment ,
[00:00:07.000 --> 00:00:10.000] but first , a little j ub ilee , our j ub ilee .
[00:00:10.000 --> 00:00:14.000] Behind us are 25 issues of our economic magazine .
[00:00:14.000 --> 00:00:18.000] For half a year we 've been talking on the radio about the economy .
[00:00:18.000 --> 00:00:21.000] Haven 't we already drawn up topics for conversation ?
[00:00:21.000 --> 00:00:23.000] Indeed , it 's going fast ,
[00:00:23.000 --> 00:00:27.000] and I have more topics than I think time for their listening .
[00:00:27.000 --> 00:00:29.000] It 's coming , life brings topics .
[00:00:29.000 --> 00:00:33.000] Mr . Mar ius z , our listeners ask us to bring you a little closer .
[00:00:33.000 --> 00:00:36.000] You speak very categor ically about the economy ,
[00:00:36.000 --> 00:00:38.000] you have clear views ,
[00:00:38.000 --> 00:00:42.000] you often criticize so - called " f amed " media authorities
[00:00:42.000 --> 00:00:45.000] which are present in the main media .
[00:00:45.000 --> 00:00:49.000] As far as I know , you don 't do any scientific or research work at the university .
[00:00:49.000 --> 00:00:53.000] Was it your conscious choice to avoid the university ?
[00:00:53.000 --> 00:00:56.000] Indeed , I once made the decision
[00:00:56.000 --> 00:01:00.000] not to follow the path of a scientific worker ,
[00:01:00.000 --> 00:01:05.000] because I knew the world of schools , universities and lectures quite well .
[00:01:05.000 --> 00:01:10.000] For many years I taught at universities , I taught at schools ,
[00:01:10.000 --> 00:01:12.000] but never as an e d itor ,
[00:01:12.000 --> 00:01:15.000] because at the same time I always worked in business ,
[00:01:15.000 --> 00:01:17.000] I took various positions .
[00:01:17.000 --> 00:01:20.000] At the university I taught as an external expert .
[00:01:20.000 --> 00:01:22.000] And I was guided by this ,
[00:01:22.000 --> 00:01:24.000] that by giving someone knowledge ,
[00:01:24.000 --> 00:01:27.000] I should do as I would like to be given .
[00:01:27.000 --> 00:01:29.000] So without nonsense , without rules ,
[00:01:29.000 --> 00:01:32.000] only to pass on something that has practical value ,
[00:01:32.000 --> 00:01:34.000] that can be used .
[00:01:34.000 --> 00:01:36.000] And I will be honest , I had dozens of cases
[00:01:36.000 --> 00:01:39.000] when my former students met me after years
[00:01:39.000 --> 00:01:41.000] and they hooked me up on the street .
[00:01:41.000 --> 00:01:43.000] " Oh , thank you , how useful it was for me !"
[00:01:43.000 --> 00:01:45.000] I was really shocked many times .
[00:01:45.000 --> 00:01:47.000] But this is the reason for me
[00:01:47.000 --> 00:01:49.000] why I did not enter this environment .
[00:01:49.000 --> 00:01:52.000] I got to know it too much , I spent too much time in it
[00:01:52.000 --> 00:01:54.000] and I did not want to be a part of it .
[00:01:54.000 --> 00:01:57.000] - But if you were happy with the did actic work with young people ,
[00:01:57.000 --> 00:01:59.000] why did you give up ?
[00:01:59.000 --> 00:02:01.000] - I did not give up .
[00:02:01.000 --> 00:02:04.000] It 's just that you can 't do everything at once .
[00:02:04.000 --> 00:02:07.000] I still teach business courses ,
[00:02:07.000 --> 00:02:09.000] not necessarily always with young people .
[00:02:09.000 --> 00:02:12.000] You know , as usual , I teach either some specialists
[00:02:12.000 --> 00:02:14.000] or some management staff .
[00:02:14.000 --> 00:02:16.000] These are not teenagers , you know .
[00:02:16.000 --> 00:02:19.000] However , it also gives a lot of satisfaction
[00:02:19.000 --> 00:02:22.000] that you can share knowledge ,
[00:02:22.000 --> 00:02:25.000] which is gained in great effort and effort .
[00:02:25.000 --> 00:02:28.000] Years spent in books , years of analysis ,
[00:02:28.000 --> 00:02:31.000] years of practical experience stand behind it .
[00:02:31.000 --> 00:02:34.000] It all comes with pain , suffering , effort .
[00:02:34.000 --> 00:02:37.000] Others drank beer , I sat in books ,
[00:02:37.000 --> 00:02:41.000] others drank beer , I worked on two or three stages at once .
[00:02:41.000 --> 00:02:43.000] You know , something for something .
[00:02:43.000 --> 00:02:47.000] - Many times in our conversations you refer to your life experience ,
[00:02:47.000 --> 00:02:50.000] to practical knowledge , professional experience .
[00:02:50.000 --> 00:02:53.000] Please tell us what you did professionally .
[00:02:53.000 --> 00:02:56.000] - I love knowledge and I would like to know and understand
[00:02:56.000 --> 00:02:59.000] everything that surrounds us and what is in us .
[00:02:59.000 --> 00:03:02.000] Because in my opinion , this is the key to knowledge .
[00:03:02.000 --> 00:03:04.000] At the same time , as I mentioned ,
[00:03:04.000 --> 00:03:08.000] I have been doing business training and advice for about 25 years ,
[00:03:08.000 --> 00:03:11.000] lectures , including lectures at universities .
[00:03:11.000 --> 00:03:14.000] In the meantime , I was walking the professional path as a senior manager ,
[00:03:14.000 --> 00:03:17.000] reaching positions in the company 's management .
[00:03:17.000 --> 00:03:20.000] I went through all the stages , from ordinary specialist
[00:03:20.000 --> 00:03:23.000] to management and marketing , to being a president .
[00:03:23.000 --> 00:03:26.000] At the same time , I also had some scientific ambitions .
[00:03:26.000 --> 00:03:29.000] However , as I went deeper into the academic world ,
[00:03:29.000 --> 00:03:32.000] I saw that there is little knowledge , but a lot of systems and policies .
[00:03:32.000 --> 00:03:34.000] These were my experiences .
[00:03:34.000 --> 00:03:37.000] Maybe I 'm wrong , maybe somewhere else it is different ,
[00:03:37.000 --> 00:03:39.000] but I 'm talking about my experiences .
[00:03:39.000 --> 00:03:41.000] I will give you an example .
[00:03:41.000 --> 00:03:43.000] A professor at the University of W roc ? aw
[00:03:43.000 --> 00:03:45.000] introduced me to my doctoral the ses .
[00:03:45.000 --> 00:03:48.000] From one of them I heard that it was cool , but too practical .
[00:03:48.000 --> 00:03:50.000] To be honest , I didn 't believe my ears .
[00:03:50.000 --> 00:03:53.000] The promot er said that I just had to give more quotes
[00:03:53.000 --> 00:03:55.000] from the books of these professors ,
[00:03:55.000 --> 00:03:58.000] so that they would look at my scientific the ses .
[00:03:58.000 --> 00:04:01.000] So it doesn 't matter how useful or meaningful a doctor ate is for the world ,
[00:04:01.000 --> 00:04:05.000] but it matters how many quotes I give from the books of those who will assess it .
[00:04:05.000 --> 00:04:09.000] I also had my time in politics , where I managed to go quite high .
[00:04:09.000 --> 00:04:12.000] I met people I had only heard about on TV .
[00:04:12.000 --> 00:04:14.000] I learned a lot of secrets from the authorities ,
[00:04:14.000 --> 00:04:16.000] how to distribute positions .
[00:04:16.000 --> 00:04:18.000] I got rid of political views ,
[00:04:18.000 --> 00:04:20.000] when I was working in politics .
[00:04:20.000 --> 00:04:23.000] And I look at people arguing about political views with a little bit of sp itting .
[00:04:23.000 --> 00:04:26.000] For me , they are like children who talk about things
[00:04:26.000 --> 00:04:28.000] they really have no idea about .
[00:04:28.000 --> 00:04:30.000] I recommend it to everyone .
[00:04:30.000 --> 00:04:32.000] Enter politics , reach some level ,
[00:04:32.000 --> 00:04:34.000] then come back to me and we 'll talk .
[00:04:34.000 --> 00:04:36.000] Fortunately , I withd rew from politics on my own terms ,
[00:04:36.000 --> 00:04:38.000] when I was at the top ,
[00:04:38.000 --> 00:04:41.000] and I wasn 't forced to sell my principles for positions or b rib es .
[00:04:41.000 --> 00:04:45.000] Another significant path is probably the expert in the European Fund s ,
[00:04:45.000 --> 00:04:48.000] where , as a practitioner , I carried out projects
[00:04:48.000 --> 00:04:51.000] for a sum of over 5 million PL N .
[00:04:51.000 --> 00:04:55.000] And I even have one of the first books in Poland in this field ,
[00:04:55.000 --> 00:04:58.000] where , together with specialists from the Ministry
[00:04:58.000 --> 00:05:00.000] and a few of my colleagues , experts ,
[00:05:00.000 --> 00:05:03.000] we wrote such a manual , which became the basis for my studies .
[00:05:03.000 --> 00:05:06.000] I went through many industries over the years .
[00:05:06.000 --> 00:05:10.000] Bank ing , le asing , tele commun ications and IT companies .
[00:05:10.000 --> 00:05:12.000] Along the way , I met a few million aires .
[00:05:12.000 --> 00:05:14.000] Fortunately , I came across you .
[00:05:14.000 --> 00:05:18.000] All in all , my motto in life is a quote I once read ,
[00:05:18.000 --> 00:05:22.000] that a real man is in bad company only in two situations .
[00:05:22.000 --> 00:05:25.000] When he is very poor or very rich .
[00:05:25.000 --> 00:05:27.000] So we take care not to be poor ,
[00:05:27.000 --> 00:05:30.000] and I think that , God forbid , not to become rich .
[00:05:30.000 --> 00:05:33.000] T ha n k you for your attention .
[00:00:00.000 --> 00:00:01.600] What 's going on , Mr . Mar ius z ?
[00:00:01.600 --> 00:00:03.360] What did you hear there again ?
[00:00:03.360 --> 00:00:05.760] I read on the portal man y . pl
[00:00:05.760 --> 00:00:07.200] such information ,
[00:00:07.200 --> 00:00:10.560] which was very eager ly picked up by other media ,
[00:00:10.560 --> 00:00:13.920] that our houses will be visited by the controllers .
[00:00:13.920 --> 00:00:15.840] And these controllers will check
[00:00:15.840 --> 00:00:19.200] if we provided real data on our apartment
[00:00:19.200 --> 00:00:21.200] to the building emission database .
[00:00:21.200 --> 00:00:25.440] The controller will check what we 're burning , what is the house meter .
[00:00:25.440 --> 00:00:29.200] I om it the doubts that have ar isen around this matter ,
[00:00:29.200 --> 00:00:31.440] but I 've calculated it briefly .
[00:00:31.440 --> 00:00:35.440] There are 9 million apartments in this building emission database .
[00:00:35.440 --> 00:00:38.560] If checking one will take a quad ran th ,
[00:00:38.560 --> 00:00:40.560] and probably will take much more ,
[00:00:40.560 --> 00:00:43.680] if we assume that an hour of work of such a controller
[00:00:43.680 --> 00:00:45.680] costs 35 z lot ys ,
[00:00:45.680 --> 00:00:47.680] then the whole operation of the control
[00:00:47.680 --> 00:00:50.000] will cost at least 100 million z lot ys .
[00:00:50.000 --> 00:00:53.040] Why spend such money ?
[00:00:53.040 --> 00:00:55.680] What does it give ? To whom ? To the authorities , Mr . Mar ius z ?
[00:00:55.680 --> 00:00:59.280] So , all these regulations ,
[00:00:59.280 --> 00:01:02.480] checks , voluntary and forced surveys
[00:01:02.480 --> 00:01:04.480] serve only one purpose .
[00:01:04.480 --> 00:01:07.840] It 's certainly not the good of these poor , controlled citizens .
[00:01:07.840 --> 00:01:10.720] The point is to look at it all
[00:01:10.720 --> 00:01:13.920] in a broader perspective , in the long term .
[00:01:13.920 --> 00:01:17.200] And then the whole rid dle is perfectly explained .
[00:01:17.200 --> 00:01:20.640] It 's all preparation for a great action ,
[00:01:20.640 --> 00:01:23.200] which I 've been following for many years .
[00:01:23.200 --> 00:01:27.040] And I 'm telling you that it 's absolutely 100 % inevitable .
[00:01:27.040 --> 00:01:31.200] And it 's called " Add itional sources of taxation ".
[00:01:31.200 --> 00:01:34.240] And that 's all . There is no other purpose here .
[00:01:34.240 --> 00:01:36.240] We are super - ta x ed anyway ,
[00:01:36.240 --> 00:01:39.520] but as you can see , politicians never have enough
[00:01:39.520 --> 00:01:43.120] to impose taxes , because taxes are additional free money .
[00:01:43.120 --> 00:01:44.480] So why not take it ?
[00:01:44.480 --> 00:01:48.080] Mr . Mar ius z , but there are already various types of databases in offices ,
[00:01:48.080 --> 00:01:50.080] evidence of foundations ,
[00:01:50.080 --> 00:01:52.400] there are age - old branches in books ,
[00:01:52.400 --> 00:01:54.400] every building is written in such a book .
[00:01:54.400 --> 00:01:56.400] Why isn 't it enough for the authorities ?
[00:01:56.400 --> 00:01:58.400] Because there is a huge mess there , sir .
[00:01:58.400 --> 00:02:01.360] And whoever , whatever he did with real estate ,
[00:02:01.360 --> 00:02:03.360] investments ,
[00:02:03.360 --> 00:02:05.360] it inevitably comes to the conclusion
[00:02:05.360 --> 00:02:08.240] that there is just a gigantic mess there .
[00:02:08.240 --> 00:02:10.240] The documents are not organized ,
[00:02:10.240 --> 00:02:12.880] they are lost , there are terrible gaps in the documentation ,
[00:02:12.880 --> 00:02:14.880] departments are between each other ,
[00:02:14.880 --> 00:02:16.880] and offices are also completely between each other ,
[00:02:16.880 --> 00:02:18.880] they have no meaningful exchange of information ,
[00:02:18.880 --> 00:02:21.280] one off i ce r does not know what the other one is doing .
[00:02:21.280 --> 00:02:24.720] I could give you hundreds of examples that I have experienced ,
[00:02:24.720 --> 00:02:27.600] these are funny on the one hand , terrible on the other ,
[00:02:27.600 --> 00:02:31.040] because it shows that hundreds of thousands of officials
[00:02:31.040 --> 00:02:32.320] do not know what they are doing .
[00:02:32.320 --> 00:02:35.120] That 's why , if you look closely ,
[00:02:35.120 --> 00:02:37.760] you will see that for the last few years , the government has not been doing so much
[00:02:37.760 --> 00:02:42.400] better governance , as well as better data collection for Pol es ,
[00:02:42.400 --> 00:02:44.400] to tax them better .
[00:02:44.400 --> 00:02:47.200] You can see it in the tax offices , in the municipal offices ,
[00:02:47.200 --> 00:02:50.160] at any level , and it is obvious to me .
[00:02:50.160 --> 00:02:52.160] It is 100 % clear what it is about ,
[00:02:52.160 --> 00:02:54.160] what is happening , and as an economist ,
[00:02:54.160 --> 00:02:56.160] I know what the purpose of this is .
[00:02:56.160 --> 00:03:00.160] Mr . Mar ius z , for years , we have been scared by the controls
[00:03:00.160 --> 00:03:02.160] in the houses that are supposed to check
[00:03:02.160 --> 00:03:04.160] if we have a radio , if we have a TV
[00:03:04.160 --> 00:03:06.160] and if we pay a subscription .
[00:03:06.160 --> 00:03:08.160] So far , such controls have not been used en masse .
[00:03:08.160 --> 00:03:12.160] Maybe we have no reason to be afraid of new controllers .
[00:03:12.160 --> 00:03:14.160] You know what ? We have nothing to be afraid of ,
[00:03:14.160 --> 00:03:16.160] no controllers , because in fact
[00:03:16.160 --> 00:03:18.160] the only healthy reaction , in my opinion ,
[00:03:18.160 --> 00:03:20.160] would be to throw all these controllers
[00:03:20.160 --> 00:03:22.160] out on the ground ,
[00:03:22.160 --> 00:03:24.160] dig them out , say that it 's all illegal ,
[00:03:24.160 --> 00:03:26.160] we are free people ,
[00:03:26.160 --> 00:03:28.160] and no one will come into our property
[00:03:28.160 --> 00:03:30.160] with shoes ,
[00:03:30.160 --> 00:03:32.160] when we have already paid for it a long time ago
[00:03:32.160 --> 00:03:34.160] and sometimes several times .
[00:03:34.160 --> 00:03:36.160] And this is the basic truth for people to understand .
[00:03:36.160 --> 00:03:38.160] Tax es are not paid by free people .
[00:03:38.160 --> 00:03:40.160] Tax es , taxes , were paid by people
[00:03:40.160 --> 00:03:42.160] who were " p aid ", sir .
[00:03:42.160 --> 00:03:44.160] They were paid " paid ".
[00:03:44.160 --> 00:03:46.160] Tax es were not paid by rich people ,
[00:03:46.160 --> 00:03:48.160] they were not paid by free people .
[00:03:48.160 --> 00:03:50.160] Tax es were always paid by those
[00:03:50.160 --> 00:03:52.160] who are at the bottom , " l ost ".
[00:03:52.160 --> 00:03:54.160] There was a saying ,
[00:03:54.160 --> 00:03:56.160] " A no blem an in the garden is equal to a vo iv ode ."
[00:03:56.160 --> 00:03:58.160] In short , you could be a super poor no blem an ,
[00:03:58.160 --> 00:04:01.160] but no one had the right to enter your property .
[00:04:01.160 --> 00:04:03.160] It doesn 't matter if he was a king ,
[00:04:03.160 --> 00:04:05.160] it didn 't matter , because it was your sanctuary .
[00:04:05.160 --> 00:04:07.160] As if you were the king here .
[00:04:07.160 --> 00:04:09.160] Now , you can pack as much as you want
[00:04:09.160 --> 00:04:11.160] and still hang yourself there .
[00:04:11.160 --> 00:04:13.160] So who are we in such a case ?
[00:04:13.160 --> 00:04:15.160] We are free citizens .
[00:04:15.160 --> 00:04:17.160] We are free citizens ?
[00:04:17.160 --> 00:04:19.160] After all , we are the owners of this country .
[00:04:19.160 --> 00:04:21.160] The officials are our employees .
[00:04:21.160 --> 00:04:23.160] That 's a fact .
[00:04:23.160 --> 00:04:25.160] In the old Poland ,
[00:04:25.160 --> 00:04:27.160] every tax had to be agreed upon
[00:04:27.160 --> 00:04:29.160] in the parliament .
[00:04:29.160 --> 00:04:31.160] It 's hard to call all Pol es
[00:04:31.160 --> 00:04:33.160] to one big parliament
[00:04:33.160 --> 00:04:35.160] where everyone agrees to a tax ,
[00:04:35.160 --> 00:04:37.160] or at least most of them agree to a tax ,
[00:04:37.160 --> 00:04:39.160] because they probably won 't agree .
[00:04:39.160 --> 00:04:41.160] And very rightly .
[00:04:41.160 --> 00:04:43.160] I will tell you this ,
[00:04:43.160 --> 00:04:45.160] because the whole country is well - govern ed ,
[00:04:45.160 --> 00:04:47.160] rich or poor .
[00:04:47.160 --> 00:04:49.160] Just look at the tax system .
[00:04:49.160 --> 00:04:51.160] It 's the best indicator of this .
[00:04:51.160 --> 00:04:53.160] What should the tax system be like ?
[00:04:53.160 --> 00:04:55.160] Tax es must exist .
[00:04:55.160 --> 00:04:57.160] The tax system should be very simple .
[00:04:57.160 --> 00:04:59.160] We only tax the things
[00:04:59.160 --> 00:05:01.160] that come to us from outside ,
[00:05:01.160 --> 00:05:03.160] i . e . we tax others ,
[00:05:03.160 --> 00:05:05.160] not our own citizens .
[00:05:05.160 --> 00:05:07.160] Thank you . End of the tax system .
[00:05:07.160 --> 00:05:09.160] Mr . Mar ius z , I invite you to take a break .
[00:00:00.000 --> 00:00:02.000] What 's up , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there ?
[00:00:04.000 --> 00:00:11.000] A few months ago we talked about protests of farmers against cheap agricultural products that came to us from Ukraine .
[00:00:11.000 --> 00:00:13.000] And the situation is back to the boom er ang .
[00:00:13.000 --> 00:00:18.000] For a month , Polish transport companies have been protesting on the eastern border .
[00:00:18.000 --> 00:00:23.000] They simply cannot stand the competition with the cheaper services of Ukrainian carriers .
[00:00:23.000 --> 00:00:31.000] The carriers themselves have prepared a set of rules that say that if you order goods in a Polish company ,
[00:00:31.000 --> 00:00:36.000] you have to pay at least 1 euro and 10 euro cent per kilometer .
[00:00:36.000 --> 00:00:42.000] And if you order the same service from a Ukrainian carrier , you have to pay only 60 euro cent .
[00:00:42.000 --> 00:00:44.000] Almost half less .
[00:00:44.000 --> 00:00:46.000] Mr . Mar ius z , where does it come from ?
[00:00:46.000 --> 00:00:49.000] From the fact that Ukraine is better off with two of its own bottles .
[00:00:49.000 --> 00:00:51.000] Twice as much , more precisely , than Poland .
[00:00:51.000 --> 00:00:54.000] And as you can see , the war serves Ukrain ians .
[00:00:54.000 --> 00:00:56.000] Obviously , in every field .
[00:00:56.000 --> 00:00:58.000] Not only do they get hundreds of billions of dollars in aid ,
[00:00:58.000 --> 00:01:02.000] the Union also maintains several million of their citizens .
[00:01:02.000 --> 00:01:06.000] I remind you that they were leaving during the biggest pandemic ,
[00:01:06.000 --> 00:01:09.000] when Pol es could not visit c em eter ies on Z ad usz ki .
[00:01:09.000 --> 00:01:12.000] And at that moment , millions of Ukrain ians arrived and a miracle happened .
[00:01:12.000 --> 00:01:17.000] The restrictions were lifted and people stopped dying in a wonderful way .
[00:01:17.000 --> 00:01:19.000] Ukraine is a wonderful country , sir .
[00:01:19.000 --> 00:01:22.000] And maybe we should move all our businesses there .
[00:01:22.000 --> 00:01:24.000] Let 's start with the first factors , Mr . Mar ius z .
[00:01:24.000 --> 00:01:27.000] What does it mean that Ukraine cares better about its company ?
[00:01:27.000 --> 00:01:29.000] Do they pay less taxes there ?
[00:01:29.000 --> 00:01:32.000] Do they have less problems with the office management of their business ?
[00:01:32.000 --> 00:01:33.000] Definitely .
[00:01:33.000 --> 00:01:38.000] Pract ically , running a Ukrainian company , you have to deal with almost one single thing .
[00:01:38.000 --> 00:01:40.000] This one thing is the sy ring es .
[00:01:40.000 --> 00:01:45.000] If you only manage this , you run a company in Ukraine without any problems ,
[00:01:45.000 --> 00:01:51.000] without any controls , without any penalties , without any state intervention .
[00:01:51.000 --> 00:01:53.000] It 's just a fairy tale .
[00:01:53.000 --> 00:01:56.000] But the sy ring es are an additional cost that the entrepreneur has to pay , right ?
[00:01:56.000 --> 00:01:58.000] And it 's a mandatory one .
[00:01:58.000 --> 00:02:00.000] Instead of having 15 types of taxes ,
[00:02:00.000 --> 00:02:02.000] well , one ,
[00:02:02.000 --> 00:02:06.000] the sy ringe is the foundation of operating in Ukraine , in the Ukrainian business .
[00:02:06.000 --> 00:02:09.000] It 's hard to explain to someone who doesn 't have an interest there ,
[00:02:09.000 --> 00:02:12.000] or doesn 't know well someone who has an interest in Ukraine ,
[00:02:12.000 --> 00:02:14.000] to understand how different it is .
[00:02:14.000 --> 00:02:19.000] It 's exactly , totally different from what you would have on the other side of the border , for example in Poland .
[00:02:19.000 --> 00:02:22.000] Running a transport company in Ukraine is just as perfect .
[00:02:22.000 --> 00:02:24.000] It 's infinitely easier in Ukraine .
[00:02:24.000 --> 00:02:30.000] And up to now , the Ukrain ians haven 't destroyed our transport company for very specific reasons .
[00:02:30.000 --> 00:02:31.000] Because they couldn 't .
[00:02:31.000 --> 00:02:34.000] But not because everything was magically more expensive then .
[00:02:34.000 --> 00:02:37.000] No . It was even cheaper than it is now .
[00:02:37.000 --> 00:02:39.000] There were transport limits .
[00:02:39.000 --> 00:02:44.000] When entering the territory of Poland , the EU , Ukrainian companies had to obtain a permit .
[00:02:44.000 --> 00:02:46.000] And the number of these permits was strictly limited .
[00:02:46.000 --> 00:02:48.000] Now it 's not mandatory .
[00:02:48.000 --> 00:02:51.000] So they can enter as many as they want , as many as they can .
[00:02:51.000 --> 00:02:55.000] And this decision was made by the European Commission , not by the Polish government .
[00:02:55.000 --> 00:02:58.000] So it 's actually where the post ulates of Polish transport companies are directed .
[00:02:58.000 --> 00:03:02.000] For me , you know , the whole narrative on two levels I don 't like .
[00:03:02.000 --> 00:03:04.000] First , the limits .
[00:03:04.000 --> 00:03:06.000] You know what I think about such communist inventions .
[00:03:06.000 --> 00:03:08.000] How do the limits work ?
[00:03:08.000 --> 00:03:11.000] They only create a grey zone of crime and so on .
[00:03:11.000 --> 00:03:15.000] How did the mafia in the United States come into being , which they still can 't shake off ?
[00:03:15.000 --> 00:03:17.000] By introducing prohib itions .
[00:03:17.000 --> 00:03:21.000] You introduce limits to anything and you have organized crime .
[00:03:21.000 --> 00:03:24.000] Great ly finan ced , because that 's what big money is made of , ladies and gentlemen .
[00:03:24.000 --> 00:03:28.000] Mr . Mar ys iu , but it 's precisely the people who protest on the border who demand the limits .
[00:03:28.000 --> 00:03:29.000] Those Polish entrepreneurs .
[00:03:29.000 --> 00:03:32.000] Because these people , sir , are drivers .
[00:03:32.000 --> 00:03:37.000] What can they understand from the economy , macro e conom ics , economic and entre pr ene urs hip ?
[00:03:37.000 --> 00:03:41.000] Well , each of them runs a small business , so they should basically learn .
[00:03:41.000 --> 00:03:44.000] For over 20 years I have been advising companies .
[00:03:44.000 --> 00:03:46.000] I do this professionally .
[00:03:46.000 --> 00:03:49.000] I also advised transport companies for many years , sir .
[00:03:49.000 --> 00:03:51.000] And I 've been through a bit of these companies in my life .
[00:03:51.000 --> 00:03:54.000] So I had the opportunity to get into their specifics .
[00:03:54.000 --> 00:03:58.000] Their profits , losses , how this business is run .
[00:03:58.000 --> 00:04:02.000] That 's why , you know , these people are simply not economists .
[00:04:02.000 --> 00:04:04.000] They are not analysts .
[00:04:04.000 --> 00:04:08.000] They are not strateg ists in terms of sales or marketing activities .
[00:04:08.000 --> 00:04:11.000] Because they are supposed to know what they are doing .
[00:04:11.000 --> 00:04:13.000] On transport .
[00:04:13.000 --> 00:04:16.000] They don 't know what economists know , sir .
[00:04:16.000 --> 00:04:18.000] That 's why they don 't understand what they demand .
[00:04:18.000 --> 00:04:25.000] Exactly , Mr . Mar ys iu , what can you advise them in a situation when they basically have no chance in competition with a cheaper opponent ?
[00:04:25.000 --> 00:04:26.000] Well , just one thing .
[00:04:26.000 --> 00:04:29.000] Start thinking where the problem is .
[00:04:29.000 --> 00:04:31.000] Do you know where the problem is ?
[00:04:31.000 --> 00:04:33.000] That they don 't know where the problem is .
[00:04:33.000 --> 00:04:35.000] What is the real problem ?
[00:04:35.000 --> 00:04:37.000] I suspect it concerns most Pol es .
[00:04:37.000 --> 00:04:40.000] Now they complain about the European Union or something .
[00:04:40.000 --> 00:04:42.000] What a complete nonsense .
[00:04:42.000 --> 00:04:45.000] The Polish government decides and appro ves everything .
[00:04:45.000 --> 00:04:49.000] The Polish government is not subject to the European Union .
[00:04:49.000 --> 00:04:53.000] It is a sovereign country that can make sovereign decisions .
[00:04:53.000 --> 00:04:55.000] We don 't need to beg anyone here .
[00:04:55.000 --> 00:04:58.000] And you can 't consult with anyone , really .
[00:04:58.000 --> 00:05:00.000] Just look at Hungary , for example .
[00:05:00.000 --> 00:05:02.000] What , Hungary is not in the European Union ?
[00:05:02.000 --> 00:05:04.000] They do what they want in their country .
[00:05:04.000 --> 00:05:05.000] And what happened to them ?
[00:05:05.000 --> 00:05:06.000] Nothing .
[00:05:06.000 --> 00:05:08.000] So , if there is no problem in the EU ?
[00:05:08.000 --> 00:05:09.000] In the Polish government .
[00:05:09.000 --> 00:05:10.000] Not in the Polish government .
[00:05:10.000 --> 00:05:12.000] In the Polish citizens , sir .
[00:05:12.000 --> 00:05:16.000] Because it is they who elect politicians who elect the Polish government , sir .
[00:05:16.000 --> 00:05:25.000] And those who protest and many other protesters who will protest , because it will be very , very bad , it will be worse and worse in the Polish economy , I repeat , for a long time .
[00:05:25.000 --> 00:05:29.000] The problem is in the lack of economic knowledge .
[00:05:29.000 --> 00:05:35.000] Where were those protesters ? Farm ers , carriers , miners ?
[00:05:35.000 --> 00:05:37.000] Where were they during the elections ?
[00:05:37.000 --> 00:05:39.000] Why didn 't they ask questions ?
[00:05:39.000 --> 00:05:42.000] And what is your economic program for these , for these and for these ?
[00:05:42.000 --> 00:05:45.000] Because they can 't ask these questions , because they don 't understand how the economy works .
[00:05:45.000 --> 00:05:51.000] And then , of course , people come to power who say what people want to hear by voting .
[00:05:51.000 --> 00:05:53.000] They don 't talk about the economy at all .
[00:05:53.000 --> 00:05:57.000] And if they do , it 's so cosmic nonsense that I just want to cry .
[00:05:57.000 --> 00:06:00.000] Let them all go bankrupt .
[00:06:00.000 --> 00:06:01.000] Which is inevitable .
[00:06:01.000 --> 00:06:06.000] Because already in the transport industry , the margins they were driving on were really small .
[00:06:06.000 --> 00:06:12.000] Because again , this beloved Union , which everyone in the K remlin also supported , that we should enter , the Union will be great , we will get money .
[00:06:12.000 --> 00:06:14.000] Wow , what money .
[00:06:14.000 --> 00:06:20.000] And Poland is paying gigantic money to be in the so - called Union .
[00:06:20.000 --> 00:06:25.000] And people who are not aware of how the Union works will be talking nonsense .
[00:06:25.000 --> 00:06:27.000] This is the essence of ignorance .
[00:06:27.000 --> 00:06:29.000] This is , you know , terrible for me .
[00:06:29.000 --> 00:06:33.000] That 's why these things are not terrible , some companies will go bankrupt and so on .
[00:06:33.000 --> 00:06:35.000] It doesn 't really matter .
[00:06:35.000 --> 00:06:36.000] It 's even very good .
[00:06:36.000 --> 00:06:43.000] Because as I said and I will repeat today , the more people get hit in the back , the greater the chance that they will start thinking .
[00:06:43.000 --> 00:06:45.000] Something is probably wrong in this country .
[00:06:45.000 --> 00:06:46.000] But what is wrong ?
[00:06:46.000 --> 00:06:48.000] Well , we are wrong , ladies and gentlemen .
[00:06:48.000 --> 00:06:50.000] This problem is in us .
[00:06:50.000 --> 00:06:54.000] Not in some magical , evil , EU government .
[00:06:54.000 --> 00:06:57.000] Not in our evil government , one after another .
[00:06:57.000 --> 00:07:10.000] I 'm not saying , since the war , I really don 't know , apart from the Polish government , any government that had any economic movements that were coordinated , logical , wise and pro - P ol ish .
[00:07:10.000 --> 00:07:16.000] People don 't understand that politics is actually a different variety of the word economy .
[00:07:16.000 --> 00:07:23.000] That 's why the problem is here , not in those protesting there , the boss , the driver or whoever else is protesting there or the farmers .
[00:07:23.000 --> 00:07:27.000] Mrs . Mar ius z , let 's go back to the protesting farmers in a moment . Now , I invite you to a break .
[00:00:00.000 --> 00:00:02.000] What 's the news , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:07.000] I heard in the Se jm the appearance of a new Minister of Finance
[00:00:07.000 --> 00:00:11.000] and , to be honest , before New Year 's Eve I was in a champagne mood .
[00:00:11.000 --> 00:00:16.000] The minister is happy , because the economy at the end of the year has great indicators .
[00:00:16.000 --> 00:00:18.000] At least that 's what he explained in the Se jm .
[00:00:18.000 --> 00:00:23.000] In fl ation has fallen from almost 20 % at the beginning of the year to 7 % at the end .
[00:00:23.000 --> 00:00:26.000] The Z ? ot ów ka is very strong , we were all surprised .
[00:00:26.000 --> 00:00:32.000] The Warsaw Stock Index has gone up , which means that investors are buying Polish companies ' shares .
[00:00:32.000 --> 00:00:40.000] Are these reasons for satisfaction for the statistical Pole at the end of 2023 ?
[00:00:40.000 --> 00:00:43.000] Do you think that suddenly and for no reason it is great in Poland ,
[00:00:43.000 --> 00:00:49.000] because someone announced that some indicators , which he usually calcul ates , are better ?
[00:00:49.000 --> 00:00:56.000] The falling inflation indicators only mean that the level of currency dev alu ation is less dynamic .
[00:00:56.000 --> 00:01:00.000] The so - called strong Z ? ot ów ka is a word often used in the media ,
[00:01:00.000 --> 00:01:04.000] but not necessarily positive .
[00:01:04.000 --> 00:01:08.000] So , I will scientifically mention a few basic possibilities
[00:01:08.000 --> 00:01:11.000] that affect the strengthening of a given currency .
[00:01:11.000 --> 00:01:13.000] One - economic growth .
[00:01:13.000 --> 00:01:15.000] Let 's face it , it 's not our business .
[00:01:15.000 --> 00:01:23.000] The payment de pe nd encies of Polish entrepreneurs at the end of October reached almost 10 billion z lot ys .
[00:01:23.000 --> 00:01:28.000] 69 % of debt ors are single - person economic activities ,
[00:01:28.000 --> 00:01:30.000] i . e . so - called ordinary Pol es .
[00:01:30.000 --> 00:01:32.000] It is them who are having a hard time .
[00:01:32.000 --> 00:01:35.000] Gi ants are usually doing quite well .
[00:01:35.000 --> 00:01:37.000] And it is they who are positively boosting statistics .
[00:01:37.000 --> 00:01:41.000] A million poor people have less than one typical rich man .
[00:01:41.000 --> 00:01:44.000] So the average will be quite good .
[00:01:44.000 --> 00:01:46.000] The industry is not doing well either .
[00:01:46.000 --> 00:01:49.000] New orders are falling under the government .
[00:01:49.000 --> 00:01:53.000] In November - 17 . 3 %, in October - 12 . 1 %.
[00:01:53.000 --> 00:01:55.000] And all this according to the G US data .
[00:01:55.000 --> 00:01:58.000] P rices are rising , Pol es are getting poorer , companies are falling ,
[00:01:58.000 --> 00:02:00.000] we spend billions on Ukraine ,
[00:02:00.000 --> 00:02:04.000] let 's add the money we have to borrow , because we don 't have any .
[00:02:04.000 --> 00:02:07.000] Let 's look at another reason .
[00:02:07.000 --> 00:02:10.000] Higher interest rates in Poland can attract investors .
[00:02:10.000 --> 00:02:14.000] Because they are looking for higher rent s and investments .
[00:02:14.000 --> 00:02:18.000] This higher interest can lead to an increase in demand for gold .
[00:02:18.000 --> 00:02:20.000] Such a need .
[00:02:20.000 --> 00:02:23.000] Therefore , for its so - called strengthening .
[00:02:23.000 --> 00:02:32.000] The so - called reference N B P level was raised from an absurd level of 0 . 1 % to 6 . 75 %
[00:02:32.000 --> 00:02:35.000] and maintained for the next several months .
[00:02:35.000 --> 00:02:39.000] If you looked at the chart for the last 20 years ,
[00:02:39.000 --> 00:02:43.000] you would see the rates falling rapidly .
[00:02:43.000 --> 00:02:47.000] As I said , from an insane level , i . e . practically to zero .
[00:02:47.000 --> 00:02:48.000] Another reason .
[00:02:48.000 --> 00:02:49.000] The trade balance .
[00:02:49.000 --> 00:02:52.000] Positive , i . e . additional trade balance ,
[00:02:52.000 --> 00:02:57.000] i . e . we send more , we earn more on sales than we pay for what affects us ,
[00:02:57.000 --> 00:03:01.000] can also cause such a gold strengthening .
[00:03:01.000 --> 00:03:05.000] Let us remind you that in 2021 we had a negative balance
[00:03:05.000 --> 00:03:08.000] at the level of 7 billion ,
[00:03:08.000 --> 00:03:12.000] when in 2020 it was additional and was 47 .
[00:03:12.000 --> 00:03:15.000] Currently , after three quarters of 2023 ,
[00:03:15.000 --> 00:03:21.000] Poland has achieved an additional balance at the level of 9 . 5 billion .
[00:03:21.000 --> 00:03:26.000] This effect can be the result of a drop in import value .
[00:03:26.000 --> 00:03:29.000] This is what the data from the US Census says .
[00:03:29.000 --> 00:03:31.000] So if we look at it ,
[00:03:31.000 --> 00:03:34.000] I don 't see a reason for us to be delighted or happy .
[00:03:34.000 --> 00:03:35.000] Another reason .
[00:03:35.000 --> 00:03:37.000] Political and economic stability .
[00:03:37.000 --> 00:03:40.000] Let 's face it , we 're not the best example here .
[00:03:40.000 --> 00:03:45.000] The strength of gold also has its evident disadvantages .
[00:03:45.000 --> 00:03:48.000] Strong currency may be unf avor able for exp orters ,
[00:03:48.000 --> 00:03:51.000] because they become less competitive , they are simply expensive .
[00:03:51.000 --> 00:03:55.000] Low activity in this field weak ens our economy in the long run .
[00:03:55.000 --> 00:03:58.000] Maybe it 's slowly becoming more normal ,
[00:03:58.000 --> 00:04:02.000] and you always emphasize that the economy needs normal ,
[00:04:02.000 --> 00:04:04.000] stable conditions to develop .
[00:04:04.000 --> 00:04:05.000] You 're right .
[00:04:05.000 --> 00:04:10.000] The best thing in the economy is normal ization , stabilization .
[00:04:10.000 --> 00:04:14.000] I can 't remember for many years that something like this has happened here .
[00:04:14.000 --> 00:04:16.000] Look at our aud itions .
[00:04:16.000 --> 00:04:20.000] A three fold jump in fuel prices , coal prices .
[00:04:20.000 --> 00:04:22.000] This is not a normal economy , sir .
[00:04:22.000 --> 00:04:24.000] Mr . Mar ius z , in our aud itions ,
[00:04:24.000 --> 00:04:27.000] we said many bitter words to President Gl api ? ski .
[00:04:27.000 --> 00:04:30.000] Meanwhile , he predicted an inflation decline by the end of the year .
[00:04:30.000 --> 00:04:32.000] And yes , it 's happening .
[00:04:32.000 --> 00:04:36.000] Shouldn 't we pay him back the honor that his predictions were true ?
[00:04:36.000 --> 00:04:40.000] I showed how little they know how to control inflation ,
[00:04:40.000 --> 00:04:42.000] unfortunately .
[00:04:42.000 --> 00:04:47.000] In the end , inflation could not go on forever ,
[00:04:47.000 --> 00:04:48.000] because , please note ,
[00:04:48.000 --> 00:04:52.000] that it caused quite a lot of diss atisf action .
[00:04:52.000 --> 00:04:55.000] Polit icians base their decisions on public opinion ,
[00:04:55.000 --> 00:04:58.000] on the satisfaction of their voters .
[00:04:58.000 --> 00:05:00.000] The last elections were proof of this .
[00:05:00.000 --> 00:05:03.000] That it is not allowed to piss off voters too much ,
[00:05:03.000 --> 00:05:05.000] because access to power is over .
[00:05:05.000 --> 00:05:08.000] In addition , they have und ert aken a lot of actions
[00:05:08.000 --> 00:05:14.000] that dest abil ize in order to distort these indicators a bit .
[00:05:14.000 --> 00:05:16.000] And should we be happy about it ?
[00:05:16.000 --> 00:05:19.000] According to the data and analysis of this wonderful Gl api ? ski ,
[00:05:19.000 --> 00:05:21.000] who we are supposed to praise here today ,
[00:05:21.000 --> 00:05:27.000] inflation at the level of 2 . 5 % is the goal of the Central Bank .
[00:05:27.000 --> 00:05:29.000] And here we have three times that .
[00:05:29.000 --> 00:05:32.000] So someone is wrong by 300 % and we are glad that he is a genius ?
[00:05:32.000 --> 00:05:35.000] Well , because before that they were wrong by 700 %, right ?
[00:05:35.000 --> 00:05:40.000] Mr . Mar ius z , our experts certainly did not predict such an increase in the value of the z l oty .
[00:05:40.000 --> 00:05:43.000] At least no one has talked about it before .
[00:05:43.000 --> 00:05:46.000] I return to the reflection on what inflation is good about ,
[00:05:46.000 --> 00:05:48.000] because it is very interesting .
[00:05:48.000 --> 00:05:50.000] When it comes to the economy , development ,
[00:05:50.000 --> 00:05:52.000] the e n c our agement of the economy ,
[00:05:52.000 --> 00:05:54.000] should inflation be close to zero ?
[00:05:54.000 --> 00:05:57.000] Should it be maintained at some level safe ?
[00:05:57.000 --> 00:06:02.000] In my opinion , the optimal for the economy is stabilization , not a leap , as I said .
[00:06:02.000 --> 00:06:04.000] What is good for the economy ?
[00:06:04.000 --> 00:06:06.000] Price stability .
[00:06:06.000 --> 00:06:08.000] Entreprene urs like stable prices .
[00:06:08.000 --> 00:06:11.000] This enables planning , forecasting costs , pricing .
[00:06:11.000 --> 00:06:15.000] High inflation is a big price uncertainty .
[00:06:15.000 --> 00:06:17.000] Next , financial costs .
[00:06:17.000 --> 00:06:21.000] Entreprene urs use loans to better finance their business .
[00:06:21.000 --> 00:06:25.000] High inflation may lead to higher interest rates ,
[00:06:25.000 --> 00:06:29.000] which increases costs , which negatively affects the business .
[00:06:29.000 --> 00:06:33.000] Next , inflation affects price flexibility ,
[00:06:33.000 --> 00:06:37.000] because high inflation leads to greater price variability ,
[00:06:37.000 --> 00:06:40.000] more difficult management , greater risk .
[00:06:40.000 --> 00:06:42.000] But of course it is worth noting that on the other hand ,
[00:06:42.000 --> 00:06:44.000] there is something like def lation ,
[00:06:44.000 --> 00:06:46.000] i . e . the opposite of inflation ,
[00:06:46.000 --> 00:06:48.000] and this makes it very difficult to generate profits .
[00:06:48.000 --> 00:06:51.000] Therefore , when we talk about what the optimal level is ,
[00:06:51.000 --> 00:06:54.000] you see that high inflation generally
[00:06:54.000 --> 00:06:57.000] in every aspect of business harms entrepreneurs .
[00:06:57.000 --> 00:06:59.000] But we must not switch sides .
[00:06:59.000 --> 00:07:02.000] The best , in my opinion , for business and retail ,
[00:07:02.000 --> 00:07:05.000] is non - exist ent , i . e . zero inflation .
[00:07:05.000 --> 00:07:07.000] I emphasize , without going into def lation .
[00:07:07.000 --> 00:07:09.000] This is a very important point .
[00:07:09.000 --> 00:07:13.000] On the other hand , high inflation is extremely beneficial
[00:07:13.000 --> 00:07:16.000] for politicians , governments , banks and officials .
[00:07:16.000 --> 00:07:21.000] Let 's wish ourselves zero or close to zero inflation in the coming year .
[00:07:21.000 --> 00:07:23.000] And this is the first conclusion from our hearing .
[00:07:23.000 --> 00:07:25.000] We invite you to the second conclusion after the break .
[00:07:25.000 --> 00:07:27.000] Mr . Mar ius z , a moment of break .
[00:00:00.000 --> 00:00:02.000] What 's up , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:06.000] I read the first " F ar ming " website ,
[00:00:06.000 --> 00:00:08.000] it 's a website dedicated to agriculture .
[00:00:08.000 --> 00:00:10.000] Recently it described the backstage of
[00:00:10.000 --> 00:00:12.000] food import from Ukraine .
[00:00:12.000 --> 00:00:14.000] Because it 's not only about grain ,
[00:00:14.000 --> 00:00:16.000] which was talked about recently ,
[00:00:16.000 --> 00:00:18.000] it 's also about corn , chicken , vegetables .
[00:00:18.000 --> 00:00:20.000] After the outbreak of the war ,
[00:00:20.000 --> 00:00:22.000] a year ago , the European Union set a zero - int ere st rate
[00:00:22.000 --> 00:00:24.000] for agricultural products from Ukraine .
[00:00:24.000 --> 00:00:26.000] And it turns out that
[00:00:26.000 --> 00:00:28.000] thanks to this , the Dutch company ,
[00:00:28.000 --> 00:00:30.000] which has a company in Ukraine
[00:00:30.000 --> 00:00:32.000] with the ol ig arch ,
[00:00:32.000 --> 00:00:34.000] brought to the Netherlands
[00:00:34.000 --> 00:00:36.000] about 700 chicken s from Ukraine
[00:00:36.000 --> 00:00:38.000] per month .
[00:00:38.000 --> 00:00:40.000] In the Netherlands , he packed them and sent them
[00:00:40.000 --> 00:00:42.000] to the shops , also to Poland .
[00:00:42.000 --> 00:00:44.000] They cost 13 z lot ys per kilogram ,
[00:00:44.000 --> 00:00:46.000] while from the Polish farmer
[00:00:46.000 --> 00:00:48.000] they were 30 % more expensive .
[00:00:48.000 --> 00:00:50.000] And it turns out that this lack of goals ,
[00:00:50.000 --> 00:00:52.000] which was supposed to help Ukraine ,
[00:00:52.000 --> 00:00:54.000] actually helps to earn money for the ol ig arch s
[00:00:54.000 --> 00:00:56.000] and the Western concern .
[00:00:56.000 --> 00:00:58.000] Do you want to see it ?
[00:00:58.000 --> 00:01:00.000] Absolutely not . Such knowledge was available
[00:01:00.000 --> 00:01:02.000] only to a few ,
[00:01:02.000 --> 00:01:04.000] and for most people it was
[00:01:04.000 --> 00:01:06.000] completely impossible .
[00:01:06.000 --> 00:01:08.000] And do you know why ?
[00:01:08.000 --> 00:01:10.000] I don 't know . If I knew , I would probably take such an interest .
[00:01:10.000 --> 00:01:12.000] Because it requires re j ect ing the media
[00:01:12.000 --> 00:01:14.000] and using your own intellect
[00:01:14.000 --> 00:01:16.000] in combination with logical thinking .
[00:01:16.000 --> 00:01:18.000] And it 's as complicated
[00:01:18.000 --> 00:01:20.000] and non - exist ent in the minds of most of the knowledge
[00:01:20.000 --> 00:01:22.000] as history .
[00:01:22.000 --> 00:01:24.000] I suggest that one day you , just for fun ,
[00:01:24.000 --> 00:01:26.000] will be able to make street polls
[00:01:26.000 --> 00:01:28.000] about the biggest and most well - known
[00:01:28.000 --> 00:01:30.000] historical events or figures .
[00:01:30.000 --> 00:01:32.000] I 'll be honest , it 's funny , but also scary .
[00:01:32.000 --> 00:01:34.000] No one predicted it .
[00:01:34.000 --> 00:01:36.000] And now , not many people know what 's going on .
[00:01:36.000 --> 00:01:38.000] But we have authorities that should be
[00:01:38.000 --> 00:01:40.000] penet rative , have the required knowledge
[00:01:40.000 --> 00:01:42.000] and should predict such things
[00:01:42.000 --> 00:01:44.000] and avoid them .
[00:01:44.000 --> 00:01:46.000] The authorities predicted it and they knew it .
[00:01:46.000 --> 00:01:48.000] I 'm absolutely sure of it .
[00:01:48.000 --> 00:01:50.000] Mr . Mar ius z , there is something like
[00:01:50.000 --> 00:01:52.000] purchasing patriot ism , i . e . buying your products
[00:01:52.000 --> 00:01:54.000] and selling them . Recent studies show that
[00:01:54.000 --> 00:01:56.000] Polish people , when shopping ,
[00:01:56.000 --> 00:01:58.000] are now mainly guided by the price .
[00:01:58.000 --> 00:02:00.000] At least it became more popular
[00:02:00.000 --> 00:02:02.000] since inflation rose .
[00:02:02.000 --> 00:02:04.000] P urch asing patriot ism and putting on your own products
[00:02:04.000 --> 00:02:06.000] has decreased by half .
[00:02:06.000 --> 00:02:08.000] And anyway , how to distinguish
[00:02:08.000 --> 00:02:10.000] Ukrainian chicken from Polish chicken ?
[00:02:10.000 --> 00:02:12.000] Does it make sense at all
[00:02:12.000 --> 00:02:14.000] as a fight or a way to eliminate
[00:02:14.000 --> 00:02:16.000] unwanted phenomena ?
[00:02:16.000 --> 00:02:18.000] It makes perfect sense .
[00:02:18.000 --> 00:02:20.000] If someone doesn 't do it ,
[00:02:20.000 --> 00:02:22.000] he won 't cry and complain
[00:02:22.000 --> 00:02:24.000] because it 's absolutely inevitable .
[00:02:24.000 --> 00:02:26.000] What you call purchasing patriot ism
[00:02:26.000 --> 00:02:28.000] is not purchasing patriot ism at all .
[00:02:28.000 --> 00:02:30.000] It 's just a minimum of logical thinking .
[00:02:30.000 --> 00:02:32.000] You look at the river
[00:02:32.000 --> 00:02:34.000] that flows through your garden
[00:02:34.000 --> 00:02:36.000] and your neighbor 's . Suddenly ,
[00:02:36.000 --> 00:02:38.000] your neighbor dig s so that your plot
[00:02:38.000 --> 00:02:40.000] and a place to help me dig .
[00:02:40.000 --> 00:02:42.000] And then you sit by the burnt ground ,
[00:02:42.000 --> 00:02:44.000] dry , your neighbor is swimming
[00:02:44.000 --> 00:02:46.000] in this river , which is all his .
[00:02:46.000 --> 00:02:48.000] And now the question is whether taking care
[00:02:48.000 --> 00:02:50.000] of the river flowing through your plot
[00:02:50.000 --> 00:02:52.000] is some kind of patriot ism
[00:02:52.000 --> 00:02:54.000] or just a minimum of human thinking .
[00:02:54.000 --> 00:02:56.000] What is water in this example ?
[00:02:56.000 --> 00:02:58.000] Money , income .
[00:02:58.000 --> 00:03:00.000] Exactly . It is said in economics
[00:03:00.000 --> 00:03:02.000] that money flows are the blood
[00:03:02.000 --> 00:03:04.000] of the state .
[00:03:04.000 --> 00:03:06.000] So if you let the blood
[00:03:06.000 --> 00:03:08.000] from the Polish economy
[00:03:08.000 --> 00:03:10.000] through the financing of foreign companies ,
[00:03:10.000 --> 00:03:12.000] then you are cutting your own veins .
[00:03:12.000 --> 00:03:14.000] People commit economic suicide ,
[00:03:14.000 --> 00:03:16.000] so it 's not patriot ism at all .
[00:03:16.000 --> 00:03:18.000] It 's just a self - pres ervation instinct ,
[00:03:18.000 --> 00:03:20.000] sir . Let 's see what 's going on
[00:03:20.000 --> 00:03:22.000] in the world . Which countries are strong
[00:03:22.000 --> 00:03:24.000] and which are weak ?
[00:03:24.000 --> 00:03:26.000] Those with a strong economy .
[00:03:26.000 --> 00:03:28.000] But where do they get their strong economy from ?
[00:03:28.000 --> 00:03:30.000] Because this blood flow s in their bodies .
[00:03:30.000 --> 00:03:32.000] You don 't give blood to anyone else .
[00:03:32.000 --> 00:03:34.000] I don 't know if you ever gave blood .
[00:03:34.000 --> 00:03:36.000] You were definitely taken blood ,
[00:03:36.000 --> 00:03:38.000] but did you give it ? And I don 't know if you know
[00:03:38.000 --> 00:03:40.000] what happens to the body when you give
[00:03:40.000 --> 00:03:42.000] half a liter , a liter of blood .
[00:03:42.000 --> 00:03:44.000] What happens to the body ?
[00:03:44.000 --> 00:03:46.000] Exactly the same with the economy , sir .
[00:03:46.000 --> 00:03:48.000] So you can let this blood
[00:03:48.000 --> 00:03:50.000] through and let 's help
[00:03:50.000 --> 00:03:52.000] the poor Ukrain ians a little bit . Okay , okay ,
[00:03:52.000 --> 00:03:54.000] great . But you know ,
[00:03:54.000 --> 00:03:56.000] we just cut our veins and someone
[00:03:56.000 --> 00:03:58.000] drinks our blood .
[00:03:58.000 --> 00:04:00.000] The so - called capitalist European
[00:04:00.000 --> 00:04:02.000] is joking here , of course , but you understand what I 'm talking about .
[00:04:02.000 --> 00:04:04.000] Because this is again the communist jar gon ,
[00:04:04.000 --> 00:04:06.000] which shows the phenomenon ,
[00:04:06.000 --> 00:04:08.000] but interpre ts it purpose fully wrong .
[00:04:08.000 --> 00:04:10.000] It 's not patriot ism , sir .
[00:04:10.000 --> 00:04:12.000] It 's just some kind of idi ocy .
[00:04:12.000 --> 00:04:14.000] If we 're talking about autism .
[00:04:14.000 --> 00:04:16.000] In the rescue , there is a rule that
[00:04:16.000 --> 00:04:18.000] you should save in such a way , but never in such a way
[00:04:18.000 --> 00:04:20.000] to pose a threat to the resc uer .
[00:04:20.000 --> 00:04:22.000] Bravo , bra vo , bra vo .
[00:04:22.000 --> 00:04:24.000] You see , wise rules are wise .
[00:04:24.000 --> 00:04:26.000] We can help , we can save ,
[00:04:26.000 --> 00:04:28.000] but as you said , the most important rule
[00:04:28.000 --> 00:04:30.000] is that if I drown in it ,
[00:04:30.000 --> 00:04:32.000] we both drown , and that 's stupid .
[00:04:32.000 --> 00:04:34.000] I 'll put it this way , I also sailed a little ,
[00:04:34.000 --> 00:04:36.000] also at sea . When we had a storm at the Mediterranean ,
[00:04:36.000 --> 00:04:38.000] Captain U da said that
[00:04:38.000 --> 00:04:40.000] if someone falls out , we don 't come back for him ,
[00:04:40.000 --> 00:04:42.000] because in these conditions , with this crew ,
[00:04:42.000 --> 00:04:44.000] he won 't take such a risk .
[00:04:44.000 --> 00:04:46.000] A very young man , my friend ,
[00:04:46.000 --> 00:04:48.000] a very nice man , very helpful ,
[00:04:48.000 --> 00:04:50.000] kind , and so on , but at the same time ,
[00:04:50.000 --> 00:04:52.000] a think er , you know , sir , as if he knew the realities .
[00:04:52.000 --> 00:04:54.000] Listen , if I try in these conditions ,
[00:04:54.000 --> 00:04:56.000] with this yacht , with this crew , to try to take someone out of the water ,
[00:04:56.000 --> 00:04:58.000] we 'll all die at 99 . 9 .
[00:04:58.000 --> 00:05:00.000] End of the dot .
[00:05:00.000 --> 00:05:02.000] The chances of saving someone in this weather
[00:05:02.000 --> 00:05:04.000] are minimal , so what ?
[00:05:04.000 --> 00:05:06.000] I 'll kill a dozen people
[00:05:06.000 --> 00:05:08.000] so that I can save one ?
[00:05:08.000 --> 00:05:10.000] It 's just absurd .
[00:05:10.000 --> 00:05:12.000] Mr . Mar ius z , we 'll continue in a moment .
[00:05:12.000 --> 00:05:14.000] I invite you to the break .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:13.000] I read the information from the office of credit information , which stated that we have a kind of ice age when it comes to housing loans .
[00:00:13.000 --> 00:00:18.000] In previous years , Pol es took housing loans to the max , and now they don 't take them .
[00:00:18.000 --> 00:00:21.000] As if they didn 't want to build houses or buy apartments .
[00:00:21.000 --> 00:00:28.000] The data of this office show that the amount of loans has dropped to 30 % of what we borrowed a year ago .
[00:00:28.000 --> 00:00:34.000] Development companies are already crying that they won 't have anyone to build for in a moment .
[00:00:34.000 --> 00:00:42.000] However , I did not find any information anywhere that significant housing prices have dropped , which should probably happen in this situation .
[00:00:42.000 --> 00:00:48.000] We talked in August last year and you predicted a crisis in the housing market and you predicted a drop .
[00:00:48.000 --> 00:00:50.000] Will these drops occur ?
[00:00:50.000 --> 00:00:53.000] So yes , let me disagree with these the ses .
[00:00:53.000 --> 00:00:57.000] Pol es want to buy apartments and want to borrow .
[00:00:57.000 --> 00:01:02.000] Banks stopped wanting to give them money .
[00:01:02.000 --> 00:01:04.000] Next .
[00:01:04.000 --> 00:01:11.000] According to the data I have , prices are falling for both apartments and rent .
[00:01:11.000 --> 00:01:12.000] Ap artment s .
[00:01:12.000 --> 00:01:15.000] For example , I will quote here .
[00:01:15.000 --> 00:01:22.000] Rent rates have dropped slightly after 10 months of continuous increases , according to the report of Exp and era and Rent ier . io .
[00:01:22.000 --> 00:01:31.000] In October , the rent was 9 out of 16 cities , 2 out of 16 rates did not change , and 5 out of 16 further increases were noted .
[00:01:31.000 --> 00:01:33.000] We read on .
[00:01:33.000 --> 00:01:43.000] Thanks to the drop in housing prices , the average rent of an apartment has increased to 5 . 54 net , which is equivalent to an apartment with a 6 . 84 % rate .
[00:01:43.000 --> 00:01:52.000] So if you analyze the numbers on the market , it turns out that prices are falling .
[00:01:52.000 --> 00:02:12.000] Of course , if we look even deeper into the data , it will turn out that last year there were significant increases resulting from the gigantic infl ow of millions of dollars .
[00:02:12.000 --> 00:02:15.000] Mill ions of refugees from Ukraine .
[00:02:15.000 --> 00:02:28.000] So all of this means that despite this abnormal system of things , because no normal country is able to accept several , as we said , 4 million officially Ukrain ians who entered the Polish border ,
[00:02:28.000 --> 00:02:31.000] it is not a normal situation in any country in the world .
[00:02:31.000 --> 00:02:37.000] And no real estate market could behave well in this situation , because it is an unhealthy , unnatural situation .
[00:02:37.000 --> 00:02:52.000] If , despite this , at the end of the year , and here I read the data literally from December 2022 , it indicates that what I predicted would be , I remember even saying that it would make more or less sense ,
[00:02:52.000 --> 00:02:57.000] the drops should be at the level of 30 % of the value of the housing price .
[00:02:57.000 --> 00:02:59.000] That 's what you said .
[00:02:59.000 --> 00:03:01.000] Yes , I remember that .
[00:03:01.000 --> 00:03:13.000] So if you look at the current data , where 4 million people have flo wn , i . e . people who have to live somewhere , and despite this , there are drops .
[00:03:13.000 --> 00:03:17.000] Of course , these drops are after the wave of increases . Why ?
[00:03:17.000 --> 00:03:22.000] Because 4 million people have flo wn to live , to buy and rent apartments .
[00:03:22.000 --> 00:03:32.000] But despite everything , our market was totally une qual , that 's why these prices have to fall . There is no way out .
[00:03:32.000 --> 00:03:41.000] If Ukrain ians left , please believe me , what I predicted would be little to slow down the market crash now .
[00:03:41.000 --> 00:03:47.000] 300 % drops would not help . This is absolutely obvious to me .
[00:03:47.000 --> 00:03:54.000] You said that Pol es want to take out loans and build apartments , but banks have stopped giving them .
[00:03:54.000 --> 00:04:02.000] Banks also have to adapt to the situation , for example , to inflation and the so - called reference rate set by the National Bank of Poland , which is high .
[00:04:02.000 --> 00:04:09.000] Lo ans have become expensive . Is this only the effect of inflation or are there other elements to it ?
[00:04:09.000 --> 00:04:22.000] In fl ation has nothing to do with it , to be honest . In fl ation is a key word that is supposed to explain to people who have no idea about the economy , why it is bad in the economy .
[00:04:22.000 --> 00:04:29.000] One day we can do a whole hearing about inflation and I assume it will be an incredibly interesting experience for you ,
[00:04:29.000 --> 00:04:38.000] when I will present you scientific facts , economic knowledge , a little deeper than what you hear , see and read .
[00:04:38.000 --> 00:04:40.000] If it 's not inflation , then what is it ?
[00:04:40.000 --> 00:04:51.000] The topic is very serious and deep , so it 's hard for me to explain it in one sentence , so that listeners who are not economists can understand it .
[00:04:51.000 --> 00:04:58.000] In general , let 's say it 's an unhealthy market system and all of this is the effect of it .
[00:04:58.000 --> 00:05:04.000] It 's like the effect of a disease that affects the Polish economy and the real estate market in particular .
[00:05:04.000 --> 00:05:05.000] So this is one of the symptoms .
[00:05:05.000 --> 00:05:11.000] We 're taking a break here , but we 'll be back in a moment . Please do not leave the radio .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:13.000] American billionaire Warren Buff ett has been selling shares of stock exchanges he bought a few months ago .
[00:00:13.000 --> 00:00:17.000] What do you think ? Why does he need the capital he concent rates on ?
[00:00:17.000 --> 00:00:20.000] Is he preparing something new , a new venture ?
[00:00:20.000 --> 00:00:24.000] Or maybe he 's afraid of sudden losses in the stock exchanges and losses in the shares ?
[00:00:24.000 --> 00:00:30.000] This is probably much more serious and means more than only listeners could ded uce from Mr . S ? up .
[00:00:30.000 --> 00:00:36.000] We are talking about someone completely unique here , the so - called " Z om ach 's Wh istle ", the " leg end of investment ",
[00:00:36.000 --> 00:00:45.000] about something that I don 't remember in my life yet , that is , the compress ing of his capital on a scale not seen .
[00:00:45.000 --> 00:00:49.000] Reason number one that comes to mind . The guy is crazy .
[00:00:49.000 --> 00:00:52.000] Well , he has his years , Mr . Warren Buff ett is over 90 years old .
[00:00:52.000 --> 00:00:57.000] Yes , well , maybe something has changed in his brain and he 's starting to do such strange things .
[00:00:57.000 --> 00:01:02.000] The second thing in his head is black mail ed in some unusual way .
[00:01:02.000 --> 00:01:05.000] Maybe he 's in some crazy debt .
[00:01:05.000 --> 00:01:08.000] Maybe some woman has an influence on it .
[00:01:08.000 --> 00:01:10.000] These are the typical reasons .
[00:01:10.000 --> 00:01:14.000] Well , of course , you mentioned a different version .
[00:01:14.000 --> 00:01:20.000] You said that maybe he 's predicting something , maybe he wants to run away with this money , shares ,
[00:01:20.000 --> 00:01:25.000] and maybe for some reason he needs to have such a supply of cash .
[00:01:25.000 --> 00:01:29.000] I won 't be able to talk for a few minutes and explain all the options ,
[00:01:29.000 --> 00:01:35.000] but I can give you a summary and maybe some additional links , materials , for aud y cje . com . pl ,
[00:01:35.000 --> 00:01:41.000] which is the initiative that we came up with together on the occasion of one of our aud itions .
[00:01:41.000 --> 00:01:44.000] Mr . Mar ys ia , let 's go back to Warren Buff ett ,
[00:01:44.000 --> 00:01:49.000] because listeners need to understand the scale of the savings that the older gentleman has accumulated .
[00:01:49.000 --> 00:01:54.000] He didn 't spend it , it 's cash , it 's capital that can be immediately disp osed of .
[00:01:54.000 --> 00:01:56.000] How much did he collect ?
[00:01:56.000 --> 00:01:59.000] We 're talking about pretty serious money here .
[00:01:59.000 --> 00:02:04.000] As I quickly looked at his reports , which I give to the participants ,
[00:02:04.000 --> 00:02:13.000] in the last quarter alone he sold shares worth 5 . 3 billion dollars in the last three months .
[00:02:13.000 --> 00:02:20.000] At the same time , he increased his cash by 10 billion dollars in the first half of the year .
[00:02:20.000 --> 00:02:22.000] It 's like he 's suddenly showing off right away .
[00:02:22.000 --> 00:02:25.000] He 's practically adding 5 billion every three months .
[00:02:25.000 --> 00:02:27.000] That 's how it would turn out .
[00:02:27.000 --> 00:02:34.000] We 're talking about 10 billion in cash , but his capital is estimated at 7 . 6 billion .
[00:02:34.000 --> 00:02:38.000] In total , it 's less than 1 . 5 %.
[00:02:38.000 --> 00:02:44.000] But how much does he lose on it ? What is the cost of withdraw ing this money ?
[00:02:44.000 --> 00:02:47.000] Because , you know , this money works for him .
[00:02:47.000 --> 00:02:49.000] And so I quickly calculated it .
[00:02:49.000 --> 00:02:54.000] We assume an average of 21 % per year on our investments .
[00:02:54.000 --> 00:02:56.000] E arning s from invested capital , right ?
[00:02:56.000 --> 00:02:57.000] Yes .
[00:02:57.000 --> 00:03:02.000] In fl ation in the USA in September , calculated in CP I , was 3 . 7 .
[00:03:02.000 --> 00:03:09.000] It turned out to me that it would give him about 60 million in costs of withdraw ing quarterly .
[00:03:09.000 --> 00:03:11.000] So he has to think he 'll make more .
[00:03:11.000 --> 00:03:15.000] Because if you take such a cost , it 's about having to pay for it .
[00:03:15.000 --> 00:03:17.000] I quickly calculated it .
[00:03:17.000 --> 00:03:22.000] It gives 240 million such costs per year , plus what he normally gets from profits .
[00:03:22.000 --> 00:03:25.000] So another 50 million comes .
[00:03:25.000 --> 00:03:34.000] So he has to count on getting 300 million or more from the 10 billion he withd rew over the last few months .
[00:03:34.000 --> 00:03:44.000] Because , in fact , if you add up what he already had before , he currently has 15 7 billion dollars .
[00:03:44.000 --> 00:03:50.000] And this is , ladies and gentlemen , the largest his cash position in history .
[00:03:50.000 --> 00:03:58.000] Mr . Mar ys iu , but that 's a lot of money . 150 billion dollars , times 4 , is about 6 .
[00:03:58.000 --> 00:04:00.000] Almost 700 billion .
[00:04:00.000 --> 00:04:04.000] And you know , that 's more than the entire Polish budget .
[00:04:04.000 --> 00:04:12.000] So one person really has more money in his hand than we as a whole nation plan to have for the whole year .
[00:04:12.000 --> 00:04:15.000] Including the deficit , i . e . the debts we owe .
[00:04:15.000 --> 00:04:20.000] But he doesn 't do anything with this money . He keeps it . And it seems to last for a few months .
[00:04:20.000 --> 00:04:21.000] What is he waiting for ?
[00:04:21.000 --> 00:04:25.000] You know what ? This is a question for a billion dollars .
[00:04:25.000 --> 00:04:29.000] It may be one of the scenarios I mentioned earlier .
[00:04:29.000 --> 00:04:35.000] But it may also be that he is planning some kind of investment .
[00:04:35.000 --> 00:04:37.000] For me , this is a clear signal .
[00:04:37.000 --> 00:04:40.000] He predict s that there will be a breakdown of the companies ' not ations .
[00:04:40.000 --> 00:04:46.000] Let 's face it , there is no other logical conclusion I can draw as an economist from these actions .
[00:04:46.000 --> 00:04:50.000] Where a person does something unprecedented in the history of his business .
[00:04:50.000 --> 00:04:57.000] He is called a bel ie ver , a legendary investor , known for predicting various events .
[00:04:57.000 --> 00:04:59.000] Effect ive prediction .
[00:04:59.000 --> 00:05:01.000] But knowledge is knowledge , facts are facts .
[00:05:01.000 --> 00:05:06.000] Economy is economy , so you know , everyone can come to similar conclusions .
[00:05:06.000 --> 00:05:09.000] On a large scale or a minimal scale .
[00:05:09.000 --> 00:05:13.000] We see the same phenomena , only we have different possibilities .
[00:05:13.000 --> 00:05:20.000] But in this case , if there is going to be a crisis , why is it worth having cash with you in times of crisis ?
[00:05:20.000 --> 00:05:22.000] Great question .
[00:05:22.000 --> 00:05:25.000] To make purchases , ladies and gentlemen .
[00:05:25.000 --> 00:05:31.000] The biggest crises , the biggest misf ortun es are the biggest investment opportunities .
[00:05:31.000 --> 00:05:33.000] Art is based on at least two things .
[00:05:33.000 --> 00:05:39.000] Number one , on timing , meaning waiting for the right moment .
[00:05:39.000 --> 00:05:46.000] Because the difference between a good investor and a bad investor is sometimes only a few seconds , a few hours or a few days .
[00:05:46.000 --> 00:05:54.000] The second aspect is to estimate what we will invest in or what assets we will get rid of .
[00:05:54.000 --> 00:05:58.000] And this also distingu ishes winners from losers .
[00:05:58.000 --> 00:06:08.000] For example , he invest s a lot in government debt papers , which everyone has been running away from lately , on a massive scale .
[00:06:08.000 --> 00:06:15.000] He hopes that private companies will go down , but the value will be kept in government papers .
[00:06:15.000 --> 00:06:21.000] He assumes an economic collapse , but he does not assume the collapse of the government , some civil wars , etc .
[00:06:21.000 --> 00:06:22.000] Okay .
[00:06:22.000 --> 00:06:23.000] Nor will they conquer America .
[00:06:23.000 --> 00:06:25.000] Through China , for example .
[00:06:25.000 --> 00:06:26.000] This is not something to be afraid of .
[00:06:26.000 --> 00:06:30.000] I suspect it could indicate that he may hope for the other side .
[00:06:30.000 --> 00:06:38.000] It may turn out that he predict s that America will join some war , or that a war will break out and America will be in this war , but he will be on the side of the winners .
[00:06:38.000 --> 00:06:40.000] This is the subtle difference .
[00:06:40.000 --> 00:06:44.000] Mr . Mar ius z , I invite you to take a break , but we will be back to the topic in a moment .
[00:00:00.000 --> 00:00:02.000] What 's the deal , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear again ?
[00:00:04.000 --> 00:00:08.000] This time I didn 't hear anything , but I had the opportunity to experience it for myself .
[00:00:08.000 --> 00:00:13.000] Probably like many Pol es , I recently got a discount on my annual energy bill .
[00:00:13.000 --> 00:00:17.000] Please imagine that I paid my bills well this year .
[00:00:17.000 --> 00:00:19.000] I was walking around the house , I turned off unnecessary bulbs ,
[00:00:19.000 --> 00:00:24.000] and in the end it turned out that I have a very large addition to regulate .
[00:00:24.000 --> 00:00:29.000] And again I asked myself a question , which has already been asked at the beginning of our audition ,
[00:00:29.000 --> 00:00:31.000] why is energy so expensive ?
[00:00:31.000 --> 00:00:35.000] A year and a half has passed since the outbreak of the war with Ukraine ,
[00:00:35.000 --> 00:00:38.000] and the markets should have cal med down ,
[00:00:38.000 --> 00:00:42.000] and maybe they even cal med down , because some energy prices have fallen .
[00:00:42.000 --> 00:00:43.000] What 's going on ?
[00:00:43.000 --> 00:00:48.000] Because no meaningful or independent economic factors affect prices ,
[00:00:48.000 --> 00:00:51.000] only politicians and business systems .
[00:00:51.000 --> 00:00:54.000] Legal or not , that 's a different topic .
[00:00:54.000 --> 00:01:02.000] That 's why I can document that prices in the world markets and how the global system of their production works
[00:01:02.000 --> 00:01:06.000] is actually one big price conspiracy .
[00:01:06.000 --> 00:01:09.000] I swear it 's not even the slightest exagger ation .
[00:01:09.000 --> 00:01:13.000] Mr . Mar ius z , but we see on our market that someone who burns coal
[00:01:13.000 --> 00:01:16.000] will buy this coal twice as cheap this year as the year before .
[00:01:16.000 --> 00:01:17.000] It 's a fact .
[00:01:17.000 --> 00:01:21.000] 70 % of Polish energy is produced from coal .
[00:01:21.000 --> 00:01:24.000] It should somehow translate into a price drop .
[00:01:24.000 --> 00:01:27.000] The fact that coal prices are behaving like a yo - yo
[00:01:27.000 --> 00:01:31.000] is personally funny and terrifying to me .
[00:01:31.000 --> 00:01:33.000] How the hell is this happening ?
[00:01:33.000 --> 00:01:40.000] The fact that for citizens prices have no connection with prices in the world markets
[00:01:40.000 --> 00:01:44.000] or the rules of the economy is just absurd .
[00:01:44.000 --> 00:01:53.000] All the most important prices are currently motivated politically , not economically .
[00:01:53.000 --> 00:01:59.000] The government is looking at how much they can afford to take money out of the pockets of citizens , taxpayers ,
[00:01:59.000 --> 00:02:03.000] to satisfy the rich who finance these politicians ,
[00:02:03.000 --> 00:02:06.000] whether through official money , like political campaigns ,
[00:02:06.000 --> 00:02:12.000] or just small - or large - scale schemes with mega - rich people
[00:02:12.000 --> 00:02:18.000] who have an evident interest in building huge monopol ies ,
[00:02:18.000 --> 00:02:21.000] to launch price jumps .
[00:02:21.000 --> 00:02:24.000] Remember , ladies and gentlemen , that in the economy
[00:02:24.000 --> 00:02:28.000] you earn the most not when the economic situation is stable on a market ,
[00:02:28.000 --> 00:02:33.000] but generally you earn the most when there are huge drops and increases .
[00:02:33.000 --> 00:02:39.000] Those who know about it or even prepare it have a recipe for success .
[00:02:39.000 --> 00:02:42.000] You can 't lose on it when you know that a tax will come in
[00:02:42.000 --> 00:02:46.000] and you 'll use it knowing that it will come in .
[00:02:46.000 --> 00:02:50.000] That 's how the biggest fortun es of these super - rich people were created .
[00:02:50.000 --> 00:02:54.000] It 's all the same stories , that these were government contracts ,
[00:02:54.000 --> 00:02:57.000] that these were some schemes , that they were getting a monopoly on something .
[00:02:57.000 --> 00:03:00.000] So I 'm just waiting for some scandal to come ,
[00:03:00.000 --> 00:03:05.000] where it will be said clearly that all this was a scam .
[00:03:05.000 --> 00:03:08.000] I have no other word for something like that .
[00:03:08.000 --> 00:03:11.000] Mr . Mar ius z , I 'm going back to the question you raised .
[00:03:11.000 --> 00:03:17.000] Today , the energy payments made by the residents are 40 or 60 gros zy per kilow att .
[00:03:17.000 --> 00:03:22.000] Fore cast s say that it will reach the z l oty , so there are more increases waiting for us .
[00:03:22.000 --> 00:03:27.000] The payments that have now somehow eas ed the effects of these increases are to be liquid ated .
[00:03:27.000 --> 00:03:30.000] In addition , there is inflation that hits us in the pocket .
[00:03:30.000 --> 00:03:32.000] What is the acceptable level that you mentioned ?
[00:03:32.000 --> 00:03:36.000] How much can politicians afford to raise the energy price ?
[00:03:36.000 --> 00:03:38.000] How much can we afford ?
[00:03:38.000 --> 00:03:40.000] The answer is only one .
[00:03:40.000 --> 00:03:43.000] It 's us who decide whether we want to be robbed or not .
[00:03:43.000 --> 00:03:48.000] As I said , there are no independent , economically conditioned factors
[00:03:48.000 --> 00:03:55.000] that would cause coal to jump 100 %, 200 %, 300 % and then drop by 50 %.
[00:03:55.000 --> 00:03:58.000] A mine is a super - st able thing .
[00:03:58.000 --> 00:04:02.000] You can 't suddenly accelerate and slow down .
[00:04:02.000 --> 00:04:04.000] The same goes for the power plant .
[00:04:04.000 --> 00:04:07.000] You can 't just stop it for an hour and then ...
[00:04:07.000 --> 00:04:08.000] It 's impossible !
[00:04:08.000 --> 00:04:11.000] It 's technically impossible , ladies and gentlemen .
[00:04:11.000 --> 00:04:15.000] These are very long - term actions .
[00:04:15.000 --> 00:04:19.000] You can 't suddenly increase , decrease , cut something here .
[00:04:19.000 --> 00:04:21.000] It doesn 't work that way .
[00:04:21.000 --> 00:04:29.000] Everything you see is the effect of something that is a monopoly or an ol ig opoly .
[00:04:29.000 --> 00:04:34.000] A situation where either one or a few big ones rule everything .
[00:04:34.000 --> 00:04:36.000] Completely , totally everything .
[00:04:36.000 --> 00:04:42.000] Then , the clients have no influence on what 's happening on the market .
[00:04:42.000 --> 00:04:48.000] That 's why the only solution is to liquid ate these monopol ies and ol ig opol ies
[00:04:48.000 --> 00:04:52.000] because it 's too dangerous .
[00:04:52.000 --> 00:04:56.000] A greedy , greedy politician uses it to earn money
[00:04:56.000 --> 00:05:03.000] and then gives it to the ol ig arch s , the fuel , the economy , the arms , the pharmaceutical s .
[00:05:03.000 --> 00:05:05.000] We see it all with our own eyes .
[00:05:05.000 --> 00:05:07.000] We pay for it .
[00:05:07.000 --> 00:05:09.000] There 's only one thing behind it .
[00:05:09.000 --> 00:05:12.000] The connection between the politician and the business .
[00:05:12.000 --> 00:05:14.000] An unclear , illegal connection .
[00:05:14.000 --> 00:05:19.000] It 's obvious that these are not healthy , normal systems .
[00:05:19.000 --> 00:05:23.000] And as long as we allow it , it will be like that .
[00:05:23.000 --> 00:05:27.000] Polit icians only look at people who are already mad enough .
[00:05:27.000 --> 00:05:32.000] People who were fed up with the masks and suddenly say " We can tolerate it , from day to day !"
[00:05:32.000 --> 00:05:34.000] I can accept everything .
[00:05:34.000 --> 00:05:37.000] The masks , the stupid ity , the distances , the p lex ig lass everywhere .
[00:05:37.000 --> 00:05:43.000] But I can 't accept that from day to day someone suddenly refused it and it suddenly became dangerous .
[00:05:43.000 --> 00:05:45.000] I can 't accept that .
[00:05:45.000 --> 00:05:48.000] And that 's why politicians should be accountable .
[00:05:48.000 --> 00:05:50.000] That 's evil for me .
[00:05:50.000 --> 00:05:55.000] The prices of fuel , coal , gas , and many others .
[00:05:55.000 --> 00:06:01.000] It 's a tragedy that we look at it and say " Okay , the fuel price has increased by 100 % !"
[00:06:01.000 --> 00:06:04.000] How did it happen ?
[00:06:04.000 --> 00:06:07.000] Time for a break . Listen ers , I invite you in a moment .
[00:00:00.000 --> 00:00:02.000] What 's up Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there ?
[00:00:04.000 --> 00:00:08.000] I heard that the German government is inviting foreigners to Ger l itz .
[00:00:08.000 --> 00:00:12.000] It 's a border town , so the offer is probably mainly for Pol es .
[00:00:12.000 --> 00:00:14.000] And what do they offer in this Ger l itz ?
[00:00:14.000 --> 00:00:18.000] Well , they offer a flat for the first two months .
[00:00:18.000 --> 00:00:22.000] Plus a free ticket to public transport for three months .
[00:00:22.000 --> 00:00:28.000] If someone offers me something for free , I 'll immediately take a paw .
[00:00:28.000 --> 00:00:30.000] What 's the deal , Mr . Mar ius z ?
[00:00:30.000 --> 00:00:36.000] Yes , it 's really funny , but at the same time scand alous ly offensive for Pol es .
[00:00:36.000 --> 00:00:38.000] They give us a bus ticket ?
[00:00:38.000 --> 00:00:40.000] Let 's see what they give to others .
[00:00:40.000 --> 00:00:44.000] For refugees from Ukraine , and there are over a million of them ,
[00:00:44.000 --> 00:00:48.000] they give exactly the same privileges as German citizens ,
[00:00:48.000 --> 00:00:52.000] but bigger than all other migrants .
[00:00:52.000 --> 00:00:58.000] A monthly allowance of 4 49 euro s for each , and up to 400 euros for children ,
[00:00:58.000 --> 00:01:00.000] depending on the age .
[00:01:00.000 --> 00:01:06.000] So a typical Ukrainian family gets several thousand euros per month for entry .
[00:01:06.000 --> 00:01:07.000] But that 's not all .
[00:01:07.000 --> 00:01:10.000] The authorities pay for the costs of living , rent , heating and cold water .
[00:01:10.000 --> 00:01:16.000] They also have various aid activities for other bills , such as gas and electricity .
[00:01:16.000 --> 00:01:22.000] The government gave 4 . 4 billion euros last year to Ukrain ians alone ,
[00:01:22.000 --> 00:01:25.000] and additionally finances various social services for them .
[00:01:25.000 --> 00:01:30.000] And I also looked at the fact that only 9 % of Ukrain ians live in ref u gee centers ,
[00:01:30.000 --> 00:01:32.000] 3 / 4 live in private premises .
[00:01:32.000 --> 00:01:38.000] Almost 40 % int ends to stay forever , or at least for a few years .
[00:01:38.000 --> 00:01:41.000] I also saw the news of the Minister of the Interior ,
[00:01:41.000 --> 00:01:47.000] who revealed that a large number of Ukrainian youth is being trans fer red to high crime rate .
[00:01:47.000 --> 00:01:50.000] Now there are officially almost 4 , 000 such crimes ,
[00:01:50.000 --> 00:01:54.000] where there were several hundred cases in Germany before .
[00:01:54.000 --> 00:01:58.000] I encourage Pol es to see the police statistics in Poland ,
[00:01:58.000 --> 00:02:04.000] and I am surprised that Polish criminals are declining in the amount and brutality of crimes .
[00:02:04.000 --> 00:02:08.000] Mr . Mar ys z ul a , but this is help for refugees from a country eng ulf ed in war .
[00:02:08.000 --> 00:02:10.000] In a sense , it can be understood .
[00:02:10.000 --> 00:02:14.000] But why invite and give such privileges to newcom ers from Poland ?
[00:02:14.000 --> 00:02:16.000] Why so much em igration for Germans ?
[00:02:16.000 --> 00:02:18.000] Because there is no one to work with .
[00:02:18.000 --> 00:02:20.000] Perhaps this is a problem of eastern countries ,
[00:02:20.000 --> 00:02:23.000] which for years , decades , were part of the G DR ,
[00:02:23.000 --> 00:02:25.000] are delayed in relation to western Germany ,
[00:02:25.000 --> 00:02:29.000] and it seems that after the merger , a large part of the Germans from the east moved to the west .
[00:02:29.000 --> 00:02:33.000] Does this problem concern the whole country , the whole Germany , or only the eastern part ?
[00:02:33.000 --> 00:02:38.000] So yes , of course you are right that it was so after the merger with Germany ,
[00:02:38.000 --> 00:02:44.000] and to this day , if someone travels through Germany and looks around carefully ,
[00:02:44.000 --> 00:02:48.000] he sees that he was driving through two levels .
[00:02:48.000 --> 00:02:50.000] The poor level and the rich level .
[00:02:50.000 --> 00:02:56.000] The economy , the city , everything is poorer on the eastern side .
[00:02:56.000 --> 00:02:58.000] This is really the case to this day .
[00:02:58.000 --> 00:03:03.000] Of course , this is significantly blurred by all the decades that have passed since the merger .
[00:03:03.000 --> 00:03:06.000] It 's true , but it 's still visible to the naked eye .
[00:03:06.000 --> 00:03:12.000] The problem is not that it is historically poorer or historically richer .
[00:03:12.000 --> 00:03:18.000] The problem is that , as I said , there is no one to work in Germany .
[00:03:18.000 --> 00:03:20.000] According to my estimates ,
[00:03:20.000 --> 00:03:24.000] percent ag ely in Germany , the least people work ,
[00:03:24.000 --> 00:03:28.000] and the most income in the history of this country .
[00:03:28.000 --> 00:03:35.000] We officially know that the so - called refugees have been influenced by the multi - million Reich .
[00:03:35.000 --> 00:03:41.000] How can it be that many millions of young healthy people enter the country ,
[00:03:41.000 --> 00:03:43.000] because I checked the statistics ,
[00:03:43.000 --> 00:03:49.000] and the average refugee is 29 . 9 , and the average German is 47 and something .
[00:03:49.000 --> 00:03:52.000] So this is a gigantic , crushing age difference .
[00:03:52.000 --> 00:03:58.000] Those refugees who came from the south - east are young , healthy , strong people .
[00:03:58.000 --> 00:04:01.000] And we are talking about multi - million Reich .
[00:04:01.000 --> 00:04:05.000] They were not able to provide the economy with the right amount of jobs .
[00:04:05.000 --> 00:04:09.000] As the German Internal Affairs Office officially states ,
[00:04:09.000 --> 00:04:13.000] this is a gigantic multi - b illion , as I remember , I sum med it up once ,
[00:04:13.000 --> 00:04:19.000] we are talking about tens of billions of euros spent on various kinds of subsidies .
[00:04:19.000 --> 00:04:22.000] Someone has to earn it .
[00:04:22.000 --> 00:04:25.000] The Germans can 't . There are too few of them , there are old people ,
[00:04:25.000 --> 00:04:28.000] this is a country of pens ions and practically no children .
[00:04:28.000 --> 00:04:30.000] Who will work ? Pol es ?
[00:04:30.000 --> 00:04:32.000] Who will work for a bus ticket ?
[00:04:32.000 --> 00:04:36.000] When the Ukrainian family gets thousands of euros for free accommodation ,
[00:04:36.000 --> 00:04:38.000] for the pay m ents to the front .
[00:04:38.000 --> 00:04:40.000] This is offensive .
[00:04:40.000 --> 00:04:44.000] We will come back to the topic of German demographics and the demographic effects in Germany after the break .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear ?
[00:00:04.000 --> 00:00:09.000] The economic services have recently been informed that Or len , our largest national concern ,
[00:00:09.000 --> 00:00:12.000] will take over the Pu ? awy nitrogen group by the end of the year .
[00:00:12.000 --> 00:00:16.000] It is also the largest producer of agricultural fertil izers in Poland .
[00:00:16.000 --> 00:00:21.000] Interestingly , this is happening in a situation where the company with a very profitable income
[00:00:21.000 --> 00:00:27.000] has suddenly lost , and this is serious , last year it lost PL N 400 million .
[00:00:27.000 --> 00:00:30.000] Let 's start with the explanation of where this loss came from .
[00:00:30.000 --> 00:00:33.000] The official explanation is that it is a double effect ,
[00:00:33.000 --> 00:00:37.000] a mix t ure on the gas market , which is necessary in this production .
[00:00:37.000 --> 00:00:39.000] Is this a sufficient reason ?
[00:00:39.000 --> 00:00:41.000] Indeed , this is a valid question .
[00:00:41.000 --> 00:00:48.000] I will add that they previously had a profit of PL N 88 2 million .
[00:00:48.000 --> 00:00:56.000] Jump ing from such profits to such crushing losses is something to look at .
[00:00:56.000 --> 00:00:59.000] Offic ially , this is caused by high gas prices ,
[00:00:59.000 --> 00:01:04.000] without a doubt by the mass flood of Poland through fertil izers and foreign - made materials .
[00:01:04.000 --> 00:01:07.000] But for me , this is just another media f able
[00:01:07.000 --> 00:01:12.000] and few people understand what is really behind it and what the consequences will be .
[00:01:12.000 --> 00:01:16.000] Putting everything on Putin has no economic justification .
[00:01:16.000 --> 00:01:25.000] This is primarily the reason for the EU policy and the ec oman ia that currently govern s these b rib ed euro - idi ots .
[00:01:25.000 --> 00:01:27.000] Mr . Mar ius z , I will fall into your words .
[00:01:27.000 --> 00:01:32.000] The EU wants our agriculture to be ecological , healthy ,
[00:01:32.000 --> 00:01:35.000] to use as little artificial fertil izers as possible ,
[00:01:35.000 --> 00:01:38.000] which should reduce the demand for fertil izers .
[00:01:38.000 --> 00:01:42.000] And reducing the demand should reduce the price of fertil izers .
[00:01:42.000 --> 00:01:44.000] Is this the mechanism you are talking about ?
[00:01:44.000 --> 00:01:48.000] You have made a good logical conclusion , but it has nothing to do with reality .
[00:01:48.000 --> 00:01:50.000] I will explain this .
[00:01:50.000 --> 00:01:58.000] To understand this , you should look at the entire geopolit ical and economic structure of the world .
[00:01:58.000 --> 00:01:59.000] Fact number one .
[00:01:59.000 --> 00:02:03.000] Currently , in Asia and Africa , star vation is starting .
[00:02:03.000 --> 00:02:07.000] And I 'm not talking about the previous poverty or star vation that has been there for decades .
[00:02:07.000 --> 00:02:08.000] No !
[00:02:08.000 --> 00:02:11.000] I 'm talking about a completely new phenomenon .
[00:02:11.000 --> 00:02:16.000] I 'm talking about a massive disruption of food production worldwide .
[00:02:16.000 --> 00:02:19.000] One of the reasons is nitrogen fertil izers .
[00:02:19.000 --> 00:02:23.000] Exactly what our pu ' a and nitrogen fertil izers produce .
[00:02:23.000 --> 00:02:28.000] Market disrupt ions on fertil izers are an introduction to star vation .
[00:02:28.000 --> 00:02:33.000] Let me remind you , if you don 't know , that Poland accounts for 2 % of the world 's export of these fertil izers ,
[00:02:33.000 --> 00:02:37.000] and Russia and China for about 25 %.
[00:02:37.000 --> 00:02:39.000] But what , there is no such fertil izers in the world ?
[00:02:39.000 --> 00:02:40.000] Yes and no .
[00:02:40.000 --> 00:02:42.000] Let me just remind you what we said .
[00:02:42.000 --> 00:02:45.000] I once showed the whole mechanism to the listener , for example , fuel and coal .
[00:02:45.000 --> 00:02:50.000] Rapid le aps of several hundred percent , shocking shortages , gigantic spec ulations ,
[00:02:50.000 --> 00:02:54.000] and then destructive long - term effects for the entire economy .
[00:02:54.000 --> 00:02:56.000] And all this for what reason ?
[00:02:56.000 --> 00:03:01.000] Only political decisions , ideological and not economic reasons .
[00:03:01.000 --> 00:03:07.000] We have exactly the same thing now in the world of fertil izers , in the world of food production .
[00:03:07.000 --> 00:03:12.000] Only there were consequences that all companies will become poorer , because their costs will jump rapidly .
[00:03:12.000 --> 00:03:18.000] But here we are talking about the physical death of a gigantic number of people .
[00:03:18.000 --> 00:03:22.000] The facts are that in Poland and in the world , fertil izers are extremely expensive .
[00:03:22.000 --> 00:03:28.000] And this crazy , among others , EU policy wants to change it for the eco .
[00:03:28.000 --> 00:03:31.000] Only there is no economic justification for this .
[00:03:31.000 --> 00:03:40.000] But then why does Or len buy a company that has financial problems and whose development opportunities are perhaps under a lot of question ?
[00:03:40.000 --> 00:03:46.000] It would actually seem that Or len buys it from an economic point of view .
[00:03:46.000 --> 00:03:53.000] And they explain it this way , that the extension of their distribution chains is the production of various chemical substances .
[00:03:53.000 --> 00:03:59.000] Or len does not necessarily have to buy it for logically , economically justified reasons .
[00:03:59.000 --> 00:04:03.000] This answer underm ines two assumptions in this whole system .
[00:04:03.000 --> 00:04:15.000] Three years ago Or len bought regional , local press publications . And it was not under the influence of profit , but under the slogan of rep olon ization of the media .
[00:04:15.000 --> 00:04:23.000] Perhaps in the case of nit r ogen , it is also about maintaining the Polish character of this or other companies that LOT OS has taken over .
[00:04:23.000 --> 00:04:28.000] Maybe , I don 't know what 's in the minds of politicians , I can only analyze economic facts .
[00:04:28.000 --> 00:04:34.000] I know for sure that consolid ations give gigantic , monopol istic profits .
[00:04:34.000 --> 00:04:40.000] And they are needed by politicians to buy voters for money from their own pockets .
[00:04:40.000 --> 00:04:44.000] Another sick initiative with a rise of 500 + to 800 +.
[00:04:44.000 --> 00:04:49.000] What 's funny , when I read the data , most Pol es are against it .
[00:04:49.000 --> 00:04:52.000] I am glad that people are becoming more and more ec onom ically conscious .
[00:04:52.000 --> 00:04:56.000] And I hope that our aud itions , to some symbolic , albeit to a degree , also help in this .
[00:04:56.000 --> 00:05:01.000] In this case , I propose that we move on to the next part of our audit ion .
[00:05:01.000 --> 00:05:03.000] A short break .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:06.000] I was shocked by the fuel distributor .
[00:00:06.000 --> 00:00:08.000] And probably not only me .
[00:00:08.000 --> 00:00:10.000] In a few days , the price of a liter of gasoline
[00:00:10.000 --> 00:00:12.000] and diesel oil
[00:00:12.000 --> 00:00:14.000] dropped by about 40 cents , as far as I remember .
[00:00:14.000 --> 00:00:16.000] Does this have any economic justification , Mr . Mar ius z ?
[00:00:16.000 --> 00:00:18.000] What 's going on in the world 's oil exchanges ?
[00:00:18.000 --> 00:00:20.000] Or maybe the government
[00:00:20.000 --> 00:00:22.000] suddenly lowered the fuel prices ?
[00:00:22.000 --> 00:00:24.000] Oil prices are going up .
[00:00:24.000 --> 00:00:26.000] Tax es and exc ise taxes are the highest
[00:00:26.000 --> 00:00:28.000] for many years .
[00:00:28.000 --> 00:00:30.000] And prices are going down .
[00:00:30.000 --> 00:00:32.000] Interesting , surprising .
[00:00:32.000 --> 00:00:34.000] Everyone is asking why .
[00:00:34.000 --> 00:00:36.000] Maybe we remember the situation during the pandemic ,
[00:00:36.000 --> 00:00:38.000] when fuel was so cheap
[00:00:38.000 --> 00:00:40.000] because people didn 't buy it ,
[00:00:40.000 --> 00:00:42.000] because they didn 't drive , there was no need .
[00:00:42.000 --> 00:00:44.000] Maybe we have a similar situation ,
[00:00:44.000 --> 00:00:46.000] that the demand has dropped .
[00:00:46.000 --> 00:00:48.000] The only logical reason
[00:00:48.000 --> 00:00:50.000] is what is the main line
[00:00:50.000 --> 00:00:52.000] showing the basis
[00:00:52.000 --> 00:00:54.000] of all economic decisions in the economy .
[00:00:54.000 --> 00:00:56.000] And not only in Poland .
[00:00:56.000 --> 00:00:58.000] Politics and ideology .
[00:00:58.000 --> 00:01:00.000] Elect ions are coming up .
[00:01:00.000 --> 00:01:02.000] So the price increases
[00:01:02.000 --> 00:01:04.000] would not set voters positively .
[00:01:04.000 --> 00:01:06.000] Low prices ?
[00:01:06.000 --> 00:01:08.000] Definitely yes .
[00:01:08.000 --> 00:01:10.000] Of course , we are talking about people
[00:01:10.000 --> 00:01:12.000] who can only look at the length
[00:01:12.000 --> 00:01:14.000] of their own nose and have Alzheimer 's
[00:01:14.000 --> 00:01:16.000] and don 't remember what happened yesterday .
[00:01:16.000 --> 00:01:18.000] So they are perfectly voters .
[00:01:18.000 --> 00:01:20.000] So we will lower the fuel prices
[00:01:20.000 --> 00:01:22.000] for a few months .
[00:01:22.000 --> 00:01:24.000] Or anything else .
[00:01:24.000 --> 00:01:26.000] Co al , gas , apartments .
[00:01:26.000 --> 00:01:28.000] We will give prefer ential loans .
[00:01:28.000 --> 00:01:30.000] And they will forget
[00:01:30.000 --> 00:01:32.000] that all the things I mentioned
[00:01:32.000 --> 00:01:34.000] have jumped up several times
[00:01:34.000 --> 00:01:36.000] in recent years .
[00:01:36.000 --> 00:01:38.000] For me as an economist ,
[00:01:38.000 --> 00:01:40.000] it is literally a cheek ,
[00:01:40.000 --> 00:01:42.000] such price jumps .
[00:01:42.000 --> 00:01:44.000] And it has nothing to do with the economy .
[00:01:44.000 --> 00:01:46.000] It 's pure politics .
[00:01:46.000 --> 00:01:48.000] I remember how fuel was getting more expensive .
[00:01:48.000 --> 00:01:50.000] One of the arguments from Or len ,
[00:01:50.000 --> 00:01:52.000] who basically decides about fuel prices in Poland ,
[00:01:52.000 --> 00:01:54.000] was that fuel in Poland
[00:01:54.000 --> 00:01:56.000] cannot differ from the price levels
[00:01:56.000 --> 00:01:58.000] in Europe , because we will have
[00:01:58.000 --> 00:02:00.000] path ological situations ,
[00:02:00.000 --> 00:02:02.000] that it will be bought , exported .
[00:02:02.000 --> 00:02:04.000] It is just that we live in the border zone
[00:02:04.000 --> 00:02:06.000] and we see crowds of Czech s
[00:02:06.000 --> 00:02:08.000] who come to us to ref uel .
[00:02:08.000 --> 00:02:10.000] From what the media show ,
[00:02:10.000 --> 00:02:12.000] along the German border , the situation is the same .
[00:02:12.000 --> 00:02:14.000] There are even stations that have introduced
[00:02:14.000 --> 00:02:16.000] a limit on the amount of fuel
[00:02:16.000 --> 00:02:18.000] that can be ref uel ed .
[00:02:18.000 --> 00:02:20.000] Only 100 liters .
[00:02:20.000 --> 00:02:22.000] And what about the reserves ?
[00:02:22.000 --> 00:02:24.000] Can it somehow surprise our market ?
[00:02:24.000 --> 00:02:26.000] No , I don 't think it will surprise the market .
[00:02:26.000 --> 00:02:28.000] Because , as I said ,
[00:02:28.000 --> 00:02:30.000] according to my knowledge ,
[00:02:30.000 --> 00:02:32.000] it is a temporary situation ,
[00:02:32.000 --> 00:02:34.000] so it doesn 't matter much .
[00:02:34.000 --> 00:02:36.000] But of course ,
[00:02:36.000 --> 00:02:38.000] first of all , the excuses were absurd .
[00:02:38.000 --> 00:02:40.000] That fuel in Poland must be as expensive
[00:02:40.000 --> 00:02:42.000] as in Europe .
[00:02:42.000 --> 00:02:44.000] This is a total lie .
[00:02:44.000 --> 00:02:46.000] It doesn 't matter .
[00:02:46.000 --> 00:02:48.000] There are methods to shorten
[00:02:48.000 --> 00:02:50.000] the time of ref uel ing ,
[00:02:50.000 --> 00:02:52.000] so we have to burden our citizens
[00:02:52.000 --> 00:02:54.000] as high as the richest countries
[00:02:54.000 --> 00:02:56.000] in Europe .
[00:02:56.000 --> 00:02:58.000] An idiot ic idea ,
[00:02:58.000 --> 00:03:00.000] having nothing to do with the economy .
[00:03:00.000 --> 00:03:02.000] So it was just an excuse .
[00:03:02.000 --> 00:03:04.000] Or len is a public company ,
[00:03:04.000 --> 00:03:06.000] so it has the highest profits
[00:03:06.000 --> 00:03:08.000] in history .
[00:03:08.000 --> 00:03:10.000] Because we paid the highest fuel prices .
[00:03:10.000 --> 00:03:12.000] Of course , these false excuses
[00:03:12.000 --> 00:03:14.000] that they don 't make better money on fuel .
[00:03:14.000 --> 00:03:16.000] In some aud itions , I remember ,
[00:03:16.000 --> 00:03:18.000] I explained how it 's done .
[00:03:18.000 --> 00:03:20.000] Form ally , it doesn 't make money on it ,
[00:03:20.000 --> 00:03:22.000] but in fact , it makes billions .
[00:03:22.000 --> 00:03:24.000] Here we have , on the other hand ,
[00:03:24.000 --> 00:03:26.000] an idiot ic play .
[00:03:26.000 --> 00:03:28.000] From the point of view of the economist ,
[00:03:28.000 --> 00:03:30.000] I say , of course , idiot ic .
[00:03:30.000 --> 00:03:32.000] For the government , it 's a brilliant play .
[00:03:32.000 --> 00:03:34.000] When I look at the Germans or Czech s
[00:03:34.000 --> 00:03:36.000] standing in the que ues for fuel in Poland ,
[00:03:36.000 --> 00:03:38.000] I swear I 'm it ching my teeth .
[00:03:38.000 --> 00:03:40.000] If our prices were set
[00:03:40.000 --> 00:03:42.000] thoroughly , we would be happy .
[00:03:42.000 --> 00:03:44.000] Yes , it 's great ,
[00:03:44.000 --> 00:03:46.000] we have profits , we sell more ,
[00:03:46.000 --> 00:03:48.000] we earn more .
[00:03:48.000 --> 00:03:50.000] Great .
[00:03:50.000 --> 00:03:52.000] But I don 't think so at all
[00:03:52.000 --> 00:03:54.000] that these prices should be set economically ,
[00:03:54.000 --> 00:03:56.000] in reality .
[00:03:56.000 --> 00:03:58.000] It 's just another electoral sausage
[00:03:58.000 --> 00:04:00.000] we 've seen so many times ,
[00:04:00.000 --> 00:04:02.000] and people with a man ia c 's stubborn ness
[00:04:02.000 --> 00:04:04.000] erase the memory
[00:04:04.000 --> 00:04:06.000] that every government does the same ,
[00:04:06.000 --> 00:04:08.000] and then everything goes back to normal .
[00:04:08.000 --> 00:04:10.000] So again these increases ,
[00:04:10.000 --> 00:04:12.000] again the scandal , and so on .
[00:04:12.000 --> 00:04:14.000] I 'll quote one of the publications
[00:04:14.000 --> 00:04:16.000] I 've read recently .
[00:04:16.000 --> 00:04:18.000] " The Czech s have probably the worst government
[00:04:18.000 --> 00:04:20.000] in history .
[00:04:20.000 --> 00:04:22.000] There is not a single economist in the government ."
[00:04:22.000 --> 00:04:24.000] End of quote .
[00:04:24.000 --> 00:04:26.000] For me , it 's a path ology of so - called democracy
[00:04:26.000 --> 00:04:28.000] that everyone is ruled by people
[00:04:28.000 --> 00:04:30.000] who know nothing but talking ,
[00:04:30.000 --> 00:04:32.000] that is , politics .
[00:04:32.000 --> 00:04:34.000] And suddenly it comes to such an absurd ity
[00:04:34.000 --> 00:04:36.000] that a great Czech economy ,
[00:04:36.000 --> 00:04:38.000] because the Czech s had a very good economy ,
[00:04:38.000 --> 00:04:40.000] much better than the Polish economy ,
[00:04:40.000 --> 00:04:42.000] suddenly it turns out
[00:04:42.000 --> 00:04:44.000] that one absurd government is enough .
[00:04:44.000 --> 00:04:46.000] And the Czech s see it .
[00:04:46.000 --> 00:04:48.000] They protest .
[00:04:48.000 --> 00:04:50.000] The society is really very upset there .
[00:04:50.000 --> 00:04:52.000] They are right .
[00:04:52.000 --> 00:04:54.000] But I 'm surprised that the Pol es
[00:04:54.000 --> 00:04:56.000] accept the government
[00:04:56.000 --> 00:04:58.000] of people who know nothing .
[00:04:58.000 --> 00:05:00.000] Let 's take a look at all these people
[00:05:00.000 --> 00:05:02.000] who are at the top
[00:05:02.000 --> 00:05:04.000] and tell me what they can do
[00:05:04.000 --> 00:05:06.000] so real ly , what they have shown in their lives .
[00:05:06.000 --> 00:05:08.000] They did something ,
[00:05:08.000 --> 00:05:10.000] they created something .
[00:05:10.000 --> 00:05:12.000] In most cases , when I look through the lives
[00:05:12.000 --> 00:05:14.000] of these people , I want to laugh .
[00:05:14.000 --> 00:05:16.000] They are just some officials
[00:05:16.000 --> 00:05:18.000] from the political field ,
[00:05:18.000 --> 00:05:20.000] great - a unts or descendants
[00:05:20.000 --> 00:05:22.000] of some officials or SB officers .
[00:05:22.000 --> 00:05:24.000] And these are the so - called resort children .
[00:05:24.000 --> 00:05:26.000] How are they supposed to rule well ?
[00:05:26.000 --> 00:05:28.000] " Mr . Mar ys ia , you don 't appreciate the Polish government ,
[00:05:28.000 --> 00:05:30.000] obviously , but the Czech s who come
[00:05:30.000 --> 00:05:32.000] to us for shopping complain about their own ,
[00:05:32.000 --> 00:05:34.000] but praise us because they have it cheap .
[00:05:34.000 --> 00:05:36.000] So maybe this is a sign
[00:05:36.000 --> 00:05:38.000] that our government is good ."
[00:05:38.000 --> 00:05:40.000] Great , you said it .
[00:05:40.000 --> 00:05:42.000] So maybe let 's explain that the Polish government
[00:05:42.000 --> 00:05:44.000] is good for the Czech s .
[00:05:44.000 --> 00:05:46.000] It is one of the best governments
[00:05:46.000 --> 00:05:48.000] for the Czech s ,
[00:05:48.000 --> 00:05:50.000] which is theoretically the Polish government .
[00:05:50.000 --> 00:05:52.000] It is also the best government for the Ukrain ians ,
[00:05:52.000 --> 00:05:54.000] being theoretically the Polish government .
[00:05:54.000 --> 00:05:56.000] It is also the best government for the Germans ,
[00:05:56.000 --> 00:05:58.000] being the Polish government .
[00:05:58.000 --> 00:06:00.000] And suddenly it turns out that
[00:06:00.000 --> 00:06:02.000] our governments are brilliant
[00:06:02.000 --> 00:06:04.000] for all the nations around
[00:06:04.000 --> 00:06:06.000] except for the Pol es .
[00:06:06.000 --> 00:06:08.000] I invite you to take a break .
[00:06:08.000 --> 00:06:10.000] We 'll be back in a moment .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:08.000] German company W ism an , very well known on our market for years ,
[00:00:08.000 --> 00:00:11.000] has been building a heat pump factory in Leg nica for a year .
[00:00:11.000 --> 00:00:14.000] It spent 200 million euros on it , so the investment is serious .
[00:00:14.000 --> 00:00:18.000] A few years ago , the heat pump was not in our homes .
[00:00:18.000 --> 00:00:21.000] Today , there are 320 , 000 of them installed ,
[00:00:21.000 --> 00:00:25.000] and hundreds more are installed in new buildings .
[00:00:25.000 --> 00:00:28.000] The price of the heat pump has sky rocket ed .
[00:00:28.000 --> 00:00:32.000] Today , it 's 30 , 000 z lot ys without installation .
[00:00:32.000 --> 00:00:34.000] It 's basically a gold mine .
[00:00:34.000 --> 00:00:37.000] Meanwhile , the strang est thing is that W ism an sold itself
[00:00:37.000 --> 00:00:40.000] to the American company Central Global .
[00:00:40.000 --> 00:00:41.000] What 's the point ?
[00:00:41.000 --> 00:00:43.000] Yes , let 's think about it .
[00:00:43.000 --> 00:00:45.000] I 'll add that this is not an exceptional case ,
[00:00:45.000 --> 00:00:47.000] but a part of a bigger picture .
[00:00:47.000 --> 00:00:49.000] But first , let 's take a look at some facts .
[00:00:49.000 --> 00:00:53.000] One . We know that the officials at the highest levels of power are bri be - t akers .
[00:00:53.000 --> 00:00:57.000] Two . We know that there are multin ational , national ,
[00:00:57.000 --> 00:01:01.000] and mega - cor por ations that have un imagin ably large amounts of money .
[00:01:01.000 --> 00:01:05.000] Three . Most people never check what they are told .
[00:01:05.000 --> 00:01:09.000] Four . People are sensitive to emotional and well - s ounding things ,
[00:01:09.000 --> 00:01:14.000] like security , the environment , the future of children , and so on .
[00:01:14.000 --> 00:01:19.000] Five . Most mega - rich people have small or even no sc ru ples
[00:01:19.000 --> 00:01:23.000] when they can earn more than they currently have .
[00:01:23.000 --> 00:01:27.000] Since we have a few facts , we can move on to the analysis of your question .
[00:01:27.000 --> 00:01:30.000] At the same time , officials around the world have begun to introduce regulations
[00:01:30.000 --> 00:01:33.000] that care for the environment , our health , and the future of children .
[00:01:33.000 --> 00:01:39.000] And quite by accident , this is the best business for one or more world giants
[00:01:39.000 --> 00:01:42.000] who have patents , money , and production facilities
[00:01:42.000 --> 00:01:46.000] for one or more technologies necessary to meet these regulations .
[00:01:46.000 --> 00:01:49.000] A classic example , one from our backyard ,
[00:01:49.000 --> 00:01:51.000] the Climate Pack age 2020 .
[00:01:51.000 --> 00:01:55.000] It was invented in 2007 and introduced in 2009 .
[00:01:55.000 --> 00:01:59.000] It assumed a cut of 20 % of greenhouse gas emissions ,
[00:01:59.000 --> 00:02:03.000] an increase of 20 % of re ne wa ble energy sources ,
[00:02:03.000 --> 00:02:07.000] and a 20 % increase in energy efficiency .
[00:02:07.000 --> 00:02:11.000] This is brilliant for an industry that has literally never existed before .
[00:02:11.000 --> 00:02:16.000] I was not even able to find data on the existence of heat pumps in Poland in 2010 ,
[00:02:16.000 --> 00:02:18.000] and sales data , and so on .
[00:02:18.000 --> 00:02:22.000] It was just some non - exist ent , symbolic , individual things .
[00:02:22.000 --> 00:02:24.000] Now , let 's talk about heat pumps .
[00:02:24.000 --> 00:02:26.000] I will remind you of a few facts again .
[00:02:26.000 --> 00:02:30.000] Heat pumps have existed for over 200 years and date back to Kelvin ,
[00:02:30.000 --> 00:02:32.000] this Kelvin from the degree .
[00:02:32.000 --> 00:02:36.000] In 18 52 , the possibility of using a heat pump for heating was already known .
[00:02:36.000 --> 00:02:42.000] In 19 12 , a patent was made for ground heat pumps .
[00:02:42.000 --> 00:02:45.000] And there is such a patent issued . It 's a Swiss patent .
[00:02:45.000 --> 00:02:46.000] - 100 years ago .
[00:02:46.000 --> 00:02:47.000] - Over 100 years ago .
[00:02:47.000 --> 00:02:52.000] In the 1930 s , heat pumps were already being used in a continuous and daily manner .
[00:02:52.000 --> 00:02:53.000] And nothing .
[00:02:53.000 --> 00:02:56.000] There was no explosion , there was no mega - bus iness .
[00:02:56.000 --> 00:02:58.000] These were scand alous little things .
[00:02:58.000 --> 00:03:05.000] In 2010 , 6 , 500 all types of heat pumps were officially sold in Poland .
[00:03:05.000 --> 00:03:08.000] And in 2022 - 200 , 000 .
[00:03:08.000 --> 00:03:12.000] You see , after the introduction of the regulations of this climate package ,
[00:03:12.000 --> 00:03:14.000] suddenly a few thousand appeared .
[00:03:14.000 --> 00:03:17.000] How much will you earn on these few thousand heat pumps if you are a mega - rich man ?
[00:03:17.000 --> 00:03:18.000] Nothing .
[00:03:18.000 --> 00:03:20.000] But for 200 , 000 , it 's like this .
[00:03:20.000 --> 00:03:22.000] And it 's really gigantic .
[00:03:22.000 --> 00:03:26.000] If you look at the charts of the industry development , it 's just a p e ak .
[00:03:26.000 --> 00:03:29.000] This is only the golden business .
[00:03:29.000 --> 00:03:33.000] This is just the beginning of this Eld or ado .
[00:03:33.000 --> 00:03:38.000] And now you understand that if we combine all the things I said earlier ,
[00:03:38.000 --> 00:03:41.000] that is , that the officials are bri be - t akers , we know that ,
[00:03:41.000 --> 00:03:47.000] that rich companies even finance campaign of politicians and officials on various levels ,
[00:03:47.000 --> 00:03:50.000] to get the right positions ,
[00:03:50.000 --> 00:03:53.000] and that something that once did not exist before the introduction of the regulations ,
[00:03:53.000 --> 00:03:56.000] suddenly shot up after the introduction of these regulations ,
[00:03:56.000 --> 00:03:59.000] which were introduced by officials who were finan ced ,
[00:03:59.000 --> 00:04:02.000] I 'm not saying that everyone , I 'm not saying that everyone , I 'm not saying that always ,
[00:04:02.000 --> 00:04:08.000] but enough a lot and at sufficiently high positions to change the face of the world .
[00:04:08.000 --> 00:04:10.000] So I hope that answers the question ,
[00:04:10.000 --> 00:04:15.000] why yes and why even bigger , a giant bought a very large company .
[00:04:15.000 --> 00:04:18.000] And I invite you for a moment of break . We 'll be back to the subject .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:06.000] I got information from the United States .
[00:00:06.000 --> 00:00:14.000] In Los Angeles , shops are closing , because there are so many attacks with weapons that the staff of the shops is afraid of their lives .
[00:00:14.000 --> 00:00:20.000] In New York , on the other side of America , 55 , 000 rob ber ies occur annually .
[00:00:20.000 --> 00:00:22.000] What 's going on in America ?
[00:00:22.000 --> 00:00:31.000] It 's even more interesting than it seems , because now it doesn 't even attack shops , it just goes in and takes what it wants and no one bothers it .
[00:00:31.000 --> 00:00:43.000] Moreover , the official policy of most large networks is to fire employees who interfere with the theft .
[00:00:43.000 --> 00:00:45.000] Well , it 's absurd .
[00:00:45.000 --> 00:00:51.000] No , it 's not absurd as long as you understand the mentality of America , the current ideology and the current regulations .
[00:00:51.000 --> 00:00:54.000] Those employees are doing the right thing , who do nothing , right ?
[00:00:54.000 --> 00:01:03.000] Yes . If you don 't bother in any way , let 's face it , people don 't attack , they just st ab bed , but rather about dark skin color .
[00:01:03.000 --> 00:01:07.000] And that 's why the media can 't talk about it , because it will be racism suddenly .
[00:01:07.000 --> 00:01:12.000] But the facts are brutal , no one is discussing it anymore , you just can 't talk about it , because how is it ?
[00:01:12.000 --> 00:01:24.000] It 's called racial prof iling . And until now it was cr itic ized and criticized , so in some cities the police just stopped arrest ing dark - sk inned people , regardless of it , I don 't know , they were walking behind a bloody mach ete , the police man just turned around .
[00:01:24.000 --> 00:01:26.000] Well , because it would be suddenly that he is a racist .
[00:01:26.000 --> 00:01:36.000] The famous George Floyd , who was an actor in porn movies , a thief , a convicted criminal , beat women in pregnancy and suddenly he has a monument in the United States .
[00:01:36.000 --> 00:01:49.000] In my opinion , this was the highest point that the United States has found when it comes to this racial ideology , where for them the glor ification is what political , sexual or dark - sk inned views you have .
[00:01:49.000 --> 00:01:55.000] It was number one so far . And the Americans toler ated it for literally decades . But it 's over .
[00:01:55.000 --> 00:02:01.000] Mar ys ia , as you noticed , it is really difficult to find any information about what is happening inside America in Polish media .
[00:02:01.000 --> 00:02:07.000] However , on YouTube you can find recordings of Pol es living in the United States or traveling around America .
[00:02:07.000 --> 00:02:12.000] And in their reports , the situation in the country is not happy .
[00:02:12.000 --> 00:02:17.000] For us it is important , because it is our main ally , in fact , a state that guarantees our security .
[00:02:17.000 --> 00:02:20.000] What is happening with the economic power of America ?
[00:02:20.000 --> 00:02:29.000] Of course , the United States is in a bad state , and this is literally in every aspect - social , moral , financial , and even military .
[00:02:29.000 --> 00:02:38.000] The United States is deprived of any real fighting force today , due to the absurd policy towards Ukraine and what the United States is doing now .
[00:02:38.000 --> 00:02:41.000] What , the whole weapon was sent to Ukraine ?
[00:02:41.000 --> 00:02:52.000] No ! They simply don 't have ammunition . They got rid of not only the ammunition they had , but also the ammunition they had from their so - called " iron reserves " in case of a conflict .
[00:02:52.000 --> 00:02:55.000] This is not to be said . Now it has come out in the United States , that 's why it 's a small affair .
[00:02:55.000 --> 00:03:03.000] Because it suddenly turns out that if a tiny state started a war with the United States , the United States can throw apples after a few days .
[00:03:03.000 --> 00:03:16.000] Sometimes the situation is so fatal that replen ishing the reserves takes them 8 years , sir , to reach their reserves , which they had before the conflict in Ukraine .
[00:03:16.000 --> 00:03:22.000] They have no supplies . I saw comparisons , for example , of the war in the Bay of B rit ain , the famous Great War in the Bay of Britain .
[00:03:22.000 --> 00:03:30.000] You know that the number of missiles they used in the whole war in the Bay of Britain is now practically used for several days in Ukraine .
[00:03:30.000 --> 00:03:36.000] They would not be able to fight with such a Sad dam Hus sein in any case now . They would have nothing .
[00:03:36.000 --> 00:03:39.000] Putin can lead this war for years . And that 's it .
[00:03:39.000 --> 00:03:43.000] The United States simply runs out of supplies , even the iron reserves .
[00:03:43.000 --> 00:03:51.000] It just came out . They were hiding it . It was like " Oh , that 's how we send it , okay , everything is fine , but you have an endless bag of missiles there , and it 's super expensive and complicated ."
[00:03:51.000 --> 00:03:54.000] We don 't have anything like that , so where do you get it from ?
[00:03:54.000 --> 00:04:00.000] We take it out of our iron reserve in case of a conflict . Very brave , not to say stupid .
[00:04:00.000 --> 00:04:08.000] Economy . We could devote dozens of aud itions to the economy of the United States , one by one , laying out the factors , first , how bad it is in the United States .
[00:04:08.000 --> 00:04:15.000] But let 's mention , for example , the real estate market , which is in a sl ump again , as it was in 2008 .
[00:04:15.000 --> 00:04:21.000] The indicators are fatal . The whole market is practically in a similar situation as then .
[00:04:21.000 --> 00:04:25.000] The entire financial market , the US debt structure is f atal .
[00:04:25.000 --> 00:04:29.000] More money printing , which are useless .
[00:04:29.000 --> 00:04:39.000] Again , the biggest reason for concern for Americans , i . e . the largest corporations that have been those cows to others , bringing gigantic profits ,
[00:04:39.000 --> 00:04:42.000] now practically all of them are losing money .
[00:04:42.000 --> 00:04:47.000] We are talking about those mega Disney corporations , etc ., which were the support of the economy , they gave many jobs .
[00:04:47.000 --> 00:04:51.000] Please note what happened last year .
[00:04:51.000 --> 00:04:56.000] We are talking about tens of thousands of lay offs from the richest corporations .
[00:04:56.000 --> 00:05:00.000] Of course , I will surprise you , this trend is still there .
[00:05:00.000 --> 00:05:04.000] It is not so loud anymore , but unfortunately lay offs are still there .
[00:05:04.000 --> 00:05:07.000] And another thousands of people are going to the sl ums .
[00:05:07.000 --> 00:05:11.000] These are already terrifying numbers when it comes to the United States .
[00:05:11.000 --> 00:05:13.000] Because who goes to the sl ums ?
[00:05:13.000 --> 00:05:19.000] The best educated people , from the best corporations , the middle class , and who comes for it ?
[00:05:19.000 --> 00:05:24.000] We are talking about millions of illegal immigrants , who literally are sleeping on the streets of cities ,
[00:05:24.000 --> 00:05:29.000] they are burning fire places , breaking windows in shops , rob bing shops , attacking normal working people .
[00:05:29.000 --> 00:05:32.000] And this is now the image of the US economy .
[00:05:32.000 --> 00:05:34.000] Not so beautiful , let 's admit .
[00:05:34.000 --> 00:05:37.000] Mr . Mar ius z , we will also take a break for a moment .
[00:00:00.000 --> 00:00:02.000] What 's the deal , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear again ?
[00:00:04.000 --> 00:00:10.000] The European Commission , such information appeared in mid - Jan uary , agreed that food producers could add flour .
[00:00:10.000 --> 00:00:12.000] Fl our from ground homemade cr out ons .
[00:00:12.000 --> 00:00:16.000] For bread , for past ries , for cakes , even for pizzas .
[00:00:16.000 --> 00:00:18.000] Do you think this is the future of the world or not ?
[00:00:18.000 --> 00:00:24.000] I still remember the era of G ier ka , who launched that instead of meat we would eat an ocean ic wing ,
[00:00:24.000 --> 00:00:26.000] which is also a kind of shell fish .
[00:00:26.000 --> 00:00:29.000] Are we going back to this idea and abandon it or will it stay with us forever ?
[00:00:29.000 --> 00:00:33.000] In my opinion , this is another reflection of the same art .
[00:00:33.000 --> 00:00:35.000] Len in attacks .
[00:00:35.000 --> 00:00:42.000] Please note that the people behind us are the same people who are now exposed to the biggest corruption sc and als ,
[00:00:42.000 --> 00:00:46.000] the biggest scand als of incompet ence , sexual scand als .
[00:00:46.000 --> 00:00:50.000] These are exactly , physically , the same people .
[00:00:50.000 --> 00:00:52.000] These are the same elites . Nothing has changed .
[00:00:52.000 --> 00:00:57.000] But maybe we are really facing the problem of food shortages in the world and hunger .
[00:00:57.000 --> 00:01:00.000] Hunger accompan ies us , we try to somehow make it work .
[00:01:00.000 --> 00:01:03.000] Can 't we feed people in the world with traditional methods ?
[00:01:03.000 --> 00:01:08.000] With the data I have , I know that there is over production of food in the world .
[00:01:08.000 --> 00:01:12.000] From other data I know that every now and then a child dies of hunger .
[00:01:12.000 --> 00:01:15.000] Now please put these two facts together .
[00:01:15.000 --> 00:01:19.000] Well , it 's a tragedy that we can 't distribute this food around the world ,
[00:01:19.000 --> 00:01:23.000] or we can 't make it available at prices that are available to everyone .
[00:01:23.000 --> 00:01:25.000] No , it 's definitely not like that .
[00:01:25.000 --> 00:01:27.000] In my studies I had subjects like logistics ,
[00:01:27.000 --> 00:01:30.000] I even gave lectures on logistics and business training .
[00:01:30.000 --> 00:01:33.000] So I have a little bit of an idea about this topic .
[00:01:33.000 --> 00:01:36.000] And I say with full conviction .
[00:01:36.000 --> 00:01:40.000] We can distribute any products , including food , around the world .
[00:01:40.000 --> 00:01:44.000] We can do it very efficiently , we can plan it well ,
[00:01:44.000 --> 00:01:47.000] so it 's definitely not an obstacle .
[00:01:47.000 --> 00:01:51.000] Well , maybe some parts of the world just can 't afford high - process ed and expensive food .
[00:01:51.000 --> 00:01:52.000] And here 's the problem .
[00:01:52.000 --> 00:01:56.000] Maybe you can give a part of the world that you say is dying of hunger and can 't afford it .
[00:01:56.000 --> 00:01:58.000] For example , Africa is dying of hunger .
[00:01:58.000 --> 00:01:59.000] Sudan .
[00:01:59.000 --> 00:02:02.000] And now , again , I invite you to the library
[00:02:02.000 --> 00:02:07.000] and check where the largest deposits of valuable minerals are .
[00:02:07.000 --> 00:02:09.000] You will always end up in Africa .
[00:02:09.000 --> 00:02:11.000] These are the richest countries in the world .
[00:02:11.000 --> 00:02:17.000] Histor ically , I know that the countries that are now terribly destroyed ,
[00:02:17.000 --> 00:02:20.000] poor , are the so - called countries of the third world ,
[00:02:20.000 --> 00:02:24.000] but they were countries that used to be leaders in terms of wealth .
[00:02:24.000 --> 00:02:26.000] You mean natural wealth ?
[00:02:26.000 --> 00:02:27.000] What is in the ground , right ?
[00:02:27.000 --> 00:02:31.000] No , no , I 'm talking about the wealth that they lived very well , they were rich , etc .
[00:02:31.000 --> 00:02:32.000] That 's what I 'm talking about .
[00:02:32.000 --> 00:02:36.000] Because for a country to be poor , it really has to have one thing .
[00:02:36.000 --> 00:02:39.000] It must have very valuable natural resources .
[00:02:39.000 --> 00:02:41.000] And this is the recipe for poverty .
[00:02:41.000 --> 00:02:44.000] Well , it would seem that this is the recipe for success , for wealth .
[00:02:44.000 --> 00:02:45.000] I 'll give you an example .
[00:02:45.000 --> 00:02:46.000] You live in a town .
[00:02:46.000 --> 00:02:49.000] And at this point you have a rich neighbor ,
[00:02:49.000 --> 00:02:53.000] he has a beautiful wife , a beautiful garden , a beautiful car .
[00:02:53.000 --> 00:02:59.000] And now what will happen when a group of very well - armed people
[00:02:59.000 --> 00:03:02.000] will be close to each other ?
[00:03:02.000 --> 00:03:03.000] What will happen ? Let me tell you .
[00:03:03.000 --> 00:03:06.000] Well , a rich neighbor is a potential target of an attack .
[00:03:06.000 --> 00:03:07.000] Exactly .
[00:03:07.000 --> 00:03:08.000] Poor - no .
[00:03:08.000 --> 00:03:10.000] Because from the rich you can steal a lot ,
[00:03:10.000 --> 00:03:15.000] from the poor , unfortunately , he will kill you , but there is no money from it .
[00:03:15.000 --> 00:03:16.000] This is the whole problem .
[00:03:16.000 --> 00:03:19.000] That most countries , including Poland , which is very important ,
[00:03:19.000 --> 00:03:24.000] we have gigantic , incredibly valuable natural resources .
[00:03:24.000 --> 00:03:27.000] We are one of the richest countries in Europe , if you didn 't know .
[00:03:27.000 --> 00:03:30.000] I could talk here , we sat here for an hour
[00:03:30.000 --> 00:03:33.000] and I would talk about the resources in which we are the leader .
[00:03:33.000 --> 00:03:35.000] For example , ge othermal .
[00:03:35.000 --> 00:03:39.000] We have one of the best ge othermal power plants in Europe , sir .
[00:03:39.000 --> 00:03:41.000] I don 't know if in the world , because I don 't have a map ,
[00:03:41.000 --> 00:03:43.000] but the maps I had are probably lying on the shelf somewhere .
[00:03:43.000 --> 00:03:45.000] We are the absolute leader .
[00:03:45.000 --> 00:03:48.000] We are just a world phenomenon .
[00:03:48.000 --> 00:03:50.000] In many areas .
[00:03:50.000 --> 00:03:52.000] Especially in the areas of food production .
[00:03:52.000 --> 00:03:57.000] There are many areas that we have been and are and can be the European leader ,
[00:03:57.000 --> 00:03:59.000] certainly in some parts even worldwide .
[00:03:59.000 --> 00:04:01.000] That 's why there is a problem .
[00:04:01.000 --> 00:04:05.000] But then what you said , it 's better to be poor than rich .
[00:04:05.000 --> 00:04:06.000] No .
[00:04:06.000 --> 00:04:09.000] It 's better to be rich , sir , and strong .
[00:04:09.000 --> 00:04:13.000] And then , if you have a rich , strong neighbor , no one will attack him .
[00:04:13.000 --> 00:04:16.000] Why ? Because they would attack a rich and weak neighbor .
[00:04:16.000 --> 00:04:20.000] If two people with a gold necklace on their ne cks were walking down the street ,
[00:04:20.000 --> 00:04:23.000] one would be a bull , the other a ch ubby .
[00:04:23.000 --> 00:04:25.000] Who would they attack , sir ?
[00:04:25.000 --> 00:04:27.000] The weaker one , of course .
[00:04:27.000 --> 00:04:28.000] True .
[00:04:28.000 --> 00:04:29.000] Old law of nature .
[00:04:29.000 --> 00:04:31.000] I don 't know if you know , but in nature it is so ,
[00:04:31.000 --> 00:04:36.000] that predators never attack the most fertile , tasty pieces in the herd .
[00:04:36.000 --> 00:04:37.000] Never .
[00:04:37.000 --> 00:04:38.000] Never , ever .
[00:04:38.000 --> 00:04:39.000] Do you know who they attack ?
[00:04:39.000 --> 00:04:43.000] Natural selection is that they attack the weakest , the victims that are easiest to catch .
[00:04:43.000 --> 00:04:44.000] Exactly .
[00:04:44.000 --> 00:04:47.000] W ounded , sick , weak , young .
[00:04:47.000 --> 00:04:51.000] We should give the listeners a moment of resp ite and come back to our conversation in a moment .
[00:00:00.000 --> 00:00:02.000] What is being played Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] And what did you hear there again ?
[00:00:04.000 --> 00:00:14.000] I checked several forecasts , such as the one from the year before , which were set for 2022 and few of them turned out to be prophetic .
[00:00:14.000 --> 00:00:18.000] Well , for example , the inflation forecast . Even the president of the National Bank of Poland was wrong .
[00:00:18.000 --> 00:00:22.000] This is probably quite typical . Why else would it be ?
[00:00:22.000 --> 00:00:24.000] Because he is an expert .
[00:00:24.000 --> 00:00:36.000] Yes , some say so , but I say that there is a lot of pressure on most of the experts I know from most of the areas I have contact with .
[00:00:36.000 --> 00:00:44.000] Even financial influence cases are documented on the position , opinion or decision of experts .
[00:00:44.000 --> 00:00:47.000] And this should not be a shock to anyone .
[00:00:47.000 --> 00:00:54.000] Before we get to the topic , it is worth introducing our guest , and he is and will be our weekly guest , Mar ius z Stef ani ak .
[00:00:54.000 --> 00:00:59.000] A man who connects many fields , both as a practitioner and as a theor ist .
[00:00:59.000 --> 00:01:08.000] Econom ist , financial ist , manager , among other large IT companies , marketing specialist , and most of all , the president of the " W i? cej M ?d ro ?ci " foundation .
[00:01:08.000 --> 00:01:11.000] Let 's pay attention to the name - " W i? cej M ?d ro ?ci ".
[00:01:11.000 --> 00:01:17.000] Every week we will meet regularly and talk about the economy and the complexity of the world .
[00:01:17.000 --> 00:01:18.000] Good morning , Mr . Mar ius z .
[00:01:18.000 --> 00:01:20.000] Hello , I bow .
[00:01:20.000 --> 00:01:22.000] Let 's get back to the topic .
[00:01:22.000 --> 00:01:25.000] An example of such mis sed forecasts is the housing market .
[00:01:25.000 --> 00:01:31.000] It was supposed to develop infinitely , prices were supposed to rise , demand was supposed to rise , and here it suddenly turns out that not so much .
[00:01:31.000 --> 00:01:32.000] Yes , this is a beautiful example .
[00:01:32.000 --> 00:01:36.000] Why , in this case , were these forecasts so optimistic ?
[00:01:36.000 --> 00:01:41.000] The answer is only one , because you earn money on it .
[00:01:41.000 --> 00:01:47.000] Please note that the real estate market is one of the most profitable markets in the world .
[00:01:47.000 --> 00:01:51.000] Develop ers earn , land owners earn , good business .
[00:01:51.000 --> 00:01:55.000] Govern ments earn , sir , this is probably the most important .
[00:01:55.000 --> 00:01:59.000] A great example , for example , such an extreme , but the largest in the world , are China .
[00:01:59.000 --> 00:02:02.000] Som eday we can talk about it in detail , I will show the whole mechanism .
[00:02:02.000 --> 00:02:06.000] I assume a shocking mechanism for the majority .
[00:02:06.000 --> 00:02:09.000] For me , a completely standard thing in this industry .
[00:02:09.000 --> 00:02:12.000] I will save topic number one for the next edition .
[00:02:12.000 --> 00:02:20.000] But we also have the cryptocurrency market , which has grown incredibly and it seemed that it would also grow all the time .
[00:02:20.000 --> 00:02:23.000] Yes , the forecasts were amazing .
[00:02:23.000 --> 00:02:32.000] I remember forecasts that said that in 2022 Bitcoin would cost 120 , 140 , 150 thousand dollars .
[00:02:32.000 --> 00:02:36.000] How much does it cost today ? Easy to see .
[00:02:36.000 --> 00:02:40.000] The mechanism itself , ladies and gentlemen , and it is easy to notice a certain scheme .
[00:02:40.000 --> 00:02:49.000] Because you earn great money on it , on spinning something that we can safely call speculative banks .
[00:02:49.000 --> 00:02:54.000] But someone goes , someone on the other hand buys , agrees , accepts these prices .
[00:02:54.000 --> 00:03:01.000] So what , on the one hand we have st out players , and on the other hand a herd of sheep that go wherever they are told ?
[00:03:01.000 --> 00:03:03.000] Exactly , you are doing great .
[00:03:03.000 --> 00:03:06.000] This is how you can emphasize all events in the history of the world .
[00:03:06.000 --> 00:03:10.000] She ep go to slaughter , and the shepherd benefits from it .
[00:03:10.000 --> 00:03:14.000] But let 's get back to the topic of experts who predict .
[00:03:14.000 --> 00:03:19.000] And not always , or rarely , do they hit with these predictions .
[00:03:19.000 --> 00:03:26.000] Do we have bad experts or do we have experts who work for someone 's order , not necessarily those who listen to them ?
[00:03:26.000 --> 00:03:32.000] We definitely have good experts in the world and they are brilliant people , great specialists .
[00:03:32.000 --> 00:03:41.000] But in a completely strange context , these are not the people who are most liked and promoted by the government , the media or large corporations .
[00:03:41.000 --> 00:03:46.000] They cannot break through with their message to the mass media , to public information .
[00:03:46.000 --> 00:03:50.000] Yes , because this message warn s the sheep that they are going to slaughter .
[00:03:50.000 --> 00:03:57.000] The shepherd cannot like such a message , please forgive me , no shepherd will agree with someone who warn s the sheep before entering the slaughter house .
[00:03:57.000 --> 00:03:59.000] Well , because they will rebel .
[00:03:59.000 --> 00:04:05.000] Or they will go the other way , because it suddenly turns out that the shepherd cannot handle hundreds of thousands of sheep at once .
[00:04:05.000 --> 00:04:09.000] Unless the sheep will follow the sheep that leads them .
[00:04:09.000 --> 00:04:17.000] Mr . Mar ys ia , but maybe we live in very unpredictable times , maybe we just couldn 't predict the war and the attack of Russia on Ukraine .
[00:04:17.000 --> 00:04:19.000] Well , the facts say otherwise , sir .
[00:04:19.000 --> 00:04:32.000] The facts that have been documented above all doubts are that at least 7 months earlier , the largest governments had 100 % certain data on the attack .
[00:04:32.000 --> 00:04:34.000] What will it be , how will it be , where will it be .
[00:04:34.000 --> 00:04:37.000] These are the facts . It has even been published .
[00:04:37.000 --> 00:04:39.000] It did not get to the public opinion .
[00:04:39.000 --> 00:04:41.000] It did , you just have to know where to read .
[00:04:41.000 --> 00:04:46.000] At this point , we will take a short break , we will be back after a moment of music .
[00:00:00.000 --> 00:00:02.000] What 's going on Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear there again ?
[00:00:04.000 --> 00:00:11.000] I 've been reading last year 's economic publications , articles right after the outbreak of the war in Ukraine ,
[00:00:11.000 --> 00:00:17.000] which reported the effects of economic sanctions imposed by the West on Russia .
[00:00:17.000 --> 00:00:24.000] Right after the sanctions were introduced , it was written that they would actually cause a rapid decline in the Russian economy .
[00:00:24.000 --> 00:00:32.000] Half a year later , the narrative changed a bit . For example , CNN admitted last August that the sanctions had not yet worked .
[00:00:32.000 --> 00:00:34.000] But they haven 't worked yet .
[00:00:34.000 --> 00:00:40.000] But in fact , the economy in Russia is declining , only slowly , and eventually it will decline .
[00:00:40.000 --> 00:00:43.000] Today we are a year and a half after the outbreak of the war .
[00:00:43.000 --> 00:00:50.000] From what I checked in the economic data in Russia , this year the growth of the domestic product Br utto was recorded .
[00:00:50.000 --> 00:00:53.000] What 's going on Mr . Mar ius z ? Why aren 't the sanctions working ?
[00:00:53.000 --> 00:00:56.000] You know what ? There are two options .
[00:00:56.000 --> 00:01:01.000] Either it 's a miracle , or the media is just telling us nonsense .
[00:01:01.000 --> 00:01:05.000] There are similar lies told to us everywhere at the very beginning .
[00:01:05.000 --> 00:01:12.000] As soon as the Russian troops are destroyed , they run away , they surrender en masse , they have no equipment ,
[00:01:12.000 --> 00:01:15.000] and we just wait for a quick victory of Ukraine .
[00:01:15.000 --> 00:01:17.000] It was a year ago .
[00:01:17.000 --> 00:01:20.000] I look at the front line and well ...
[00:01:20.000 --> 00:01:28.000] It reminds me of what three things are most important for effective war .
[00:01:28.000 --> 00:01:32.000] Money , money and money . It seems Napoleon said so .
[00:01:32.000 --> 00:01:33.000] Exactly .
[00:01:33.000 --> 00:01:39.000] And today I would like to look at these three things from the point of view of war .
[00:01:39.000 --> 00:01:42.000] Let 's start with a few facts .
[00:01:42.000 --> 00:01:47.000] Russia is the sixth power in the world and the fourth in Asia in terms of purchasing power .
[00:01:47.000 --> 00:01:52.000] It is included , which is important , in developing economies .
[00:01:52.000 --> 00:01:57.000] 2 . The Russian economy has a great potential for growth ,
[00:01:57.000 --> 00:02:01.000] even if it has the largest resources of natural resources in the world .
[00:02:01.000 --> 00:02:07.000] 3 . Oil and natural gas in Russia are produced without so - called quot as ,
[00:02:07.000 --> 00:02:10.000] i . e . imposed by the O PE C .
[00:02:10.000 --> 00:02:17.000] It has such great consequences for the entire economy and for our lives that you don 't even suspect it .
[00:02:17.000 --> 00:02:24.000] 4 . Russia is one of the three , and recently it was the largest , oil producer in the world .
[00:02:24.000 --> 00:02:29.000] 5 . Russia is the largest exp orter of conventional heavy weapons in the world .
[00:02:29.000 --> 00:02:36.000] And it is about 20 % of all jobs in the industrial sector .
[00:02:36.000 --> 00:02:42.000] War is not able to harm the Russian industry , because they live on it .
[00:02:42.000 --> 00:02:45.000] Mr . Mar ius z , there are some indicators .
[00:02:45.000 --> 00:02:49.000] For example , the Money . pl portal in mid - A ug ust this year ,
[00:02:49.000 --> 00:02:53.000] which is quite recently , reported that the Russian currency is weak ening ,
[00:02:53.000 --> 00:02:57.000] that the Russian state 's budget deficit is growing and inflation is growing .
[00:02:57.000 --> 00:03:02.000] These are some indicators that the economy is not good , it is not doing well .
[00:03:02.000 --> 00:03:09.000] Gaz prom , according to the calculations I saw , has greatly reduced the level of profits it has achieved this year .
[00:03:09.000 --> 00:03:12.000] Isn 't that a result of sanctions ?
[00:03:12.000 --> 00:03:17.000] Would you like the state to have better indicators during the war than without war ?
[00:03:17.000 --> 00:03:25.000] After 2014 , half of the total foreign debt to the reserve currencies fell in Russia .
[00:03:25.000 --> 00:03:34.000] This showed that the state has become less dependent on foreign finance and on the international financial system .
[00:03:34.000 --> 00:03:39.000] It is one of the last economically independent countries in Europe ,
[00:03:39.000 --> 00:03:42.000] from the economic financial mafia , because I have no other word ,
[00:03:42.000 --> 00:03:45.000] which is above the governments , above the law .
[00:03:45.000 --> 00:03:47.000] They tell the governments what to do .
[00:03:47.000 --> 00:03:56.000] So Russia is currently independent and is one of the largest economic forces in the world .
[00:03:56.000 --> 00:04:03.000] In addition , 80 % of exports are mineral and wood - based raw materials .
[00:04:03.000 --> 00:04:08.000] Russia has one of the smallest public debt indicators in the world .
[00:04:08.000 --> 00:04:16.000] This means that practically as one of the few , it can really afford it , it can manage .
[00:04:16.000 --> 00:04:21.000] It has smaller amounts , but it has , as I said , compared to its neighbor .
[00:04:21.000 --> 00:04:24.000] The neighbor has a nicer car , a nicer house , but all on credit .
[00:04:24.000 --> 00:04:27.000] In a situation when it gets bad , I don 't know , both of you will lose your jobs .
[00:04:27.000 --> 00:04:30.000] Who will have it worse ? Such simple questions for you .
[00:04:30.000 --> 00:04:35.000] Well , the loan will probably be due to the neighbor who has better looking things .
[00:04:35.000 --> 00:04:37.000] This is exactly Russia and the USA .
[00:04:37.000 --> 00:04:42.000] The USA is this " rich neighbor " who is just terribly in de bt ed .
[00:04:42.000 --> 00:04:47.000] It 's amazing how Russia is practically economically independent .
[00:04:47.000 --> 00:04:51.000] It has the money it has and the money it spends it really has .
[00:04:51.000 --> 00:04:59.000] Well , maybe the reason for all this is that Russia has not been able to effectively isolate itself from the very beginning .
[00:04:59.000 --> 00:05:03.000] There is a whole group of countries that trade with Russia .
[00:05:03.000 --> 00:05:06.000] Maybe that 's why these economic penalties don 't work .
[00:05:06.000 --> 00:05:10.000] You know what , maybe let 's say one word that will change everything .
[00:05:10.000 --> 00:05:12.000] BR IC S .
[00:05:12.000 --> 00:05:19.000] Which , in fact , no one says , no one writes about , and certainly does not show this phenomenon in the right scale .
[00:05:19.000 --> 00:05:25.000] This is a new union , only such an international union and a union of real interests .
[00:05:25.000 --> 00:05:30.000] They founded it , Brazil , Russia , India , China and South Africa .
[00:05:30.000 --> 00:05:32.000] Now it has joined a few new countries .
[00:05:32.000 --> 00:05:37.000] We are talking about the fact that these are countries that are actually producing something .
[00:05:37.000 --> 00:05:49.000] And not only are they intermedi aries , traders , spec ulators , who pump their gigantic budgets through financial operations , i . e . operations in the computer , to put it shortly .
[00:05:49.000 --> 00:05:53.000] There is nothing there that would really stand behind this , behind this power .
[00:05:53.000 --> 00:05:59.000] Probably a new currency will be created soon , which you probably don 't know yet , but if you do , it will be too late .
[00:05:59.000 --> 00:06:04.000] Soon the dollar will cease to be , it is already ce asing to be the most important currency in the world .
[00:06:04.000 --> 00:06:08.000] Russia has prepared well for the war , ladies and gentlemen .
[00:06:08.000 --> 00:06:11.000] They have gigantic foreign exchange reserves .
[00:06:11.000 --> 00:06:14.000] Russia has 2 , 300 tons of gold .
[00:06:14.000 --> 00:06:17.000] Offic ially , I assume they have much more .
[00:06:17.000 --> 00:06:24.000] Let 's add to this , ladies and gentlemen , the g ig antic political and business infl u ences in Africa .
[00:06:24.000 --> 00:06:28.000] Do you remember this P ry gor z yn 's de at h , his death recently , and so on ?
[00:06:28.000 --> 00:06:30.000] This is much , much more , much deeper .
[00:06:30.000 --> 00:06:48.000] Among other things , it is about gigantic amounts in Africa , among other things , in various types of mines , ref iner ies , where P ry gor z yn , through his companies , had several dozen percent of the shares , giving him billions of income .
[00:06:48.000 --> 00:06:58.000] Now , of course , people are taking over Putin , and not only are they taking over , they are rapidly expanding their influence on subsequent countries .
[00:06:58.000 --> 00:07:02.000] And those who had shares and influence are still increasing them .
[00:07:02.000 --> 00:07:07.000] Africa is one of the richest continents when it comes to resources .
[00:07:07.000 --> 00:07:12.000] Russia is gaining , increasing its power , increasing its military strength .
[00:07:12.000 --> 00:07:17.000] Similarly , since the outbreak of the war , the Russian forces have not diminished , they have grown rapidly .
[00:07:17.000 --> 00:07:21.000] The amount of military equipment has not decreased , it has grown .
[00:07:21.000 --> 00:07:28.000] That 's why I say , it 's terrifying when I look at these media reports and how many people are being caught , deceived .
[00:07:28.000 --> 00:07:33.000] Mr . Mat ius z , I invite you to a moment of break , we will continue our conversation in a moment .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear from us again ?
[00:00:04.000 --> 00:00:16.000] On February 14 , the European Parliament approved a directive , according to which very soon , because by 20 35 in the EU countries it will be impossible to buy and sell combustion cars .
[00:00:16.000 --> 00:00:22.000] I am personally very used to my car for gasoline and I wonder if it can be avoided somehow .
[00:00:22.000 --> 00:00:27.000] Are we simply doomed to this decision or will we manage to avoid it somehow ?
[00:00:27.000 --> 00:00:32.000] The answer will certainly be found in a way how to do it . My only question is why these prohib itions ?
[00:00:32.000 --> 00:00:38.000] Well , what do you mean why ? So that we live in a clean , ecological world , so that everyone is more comfortable and better .
[00:00:38.000 --> 00:00:46.000] It sounds nice , like all communist fairy tales , but like all communist fairy tales , it contains fundamentally false assumptions .
[00:00:46.000 --> 00:00:50.000] The assumption is that electric cars are ecological . It 's a lie .
[00:00:50.000 --> 00:00:52.000] Well , they don 't emit fuel .
[00:00:52.000 --> 00:01:05.000] Not true . They emit a lot of fuel , but not directly . It 's like your smoking stove , a ter ri bly smoking stove , with a clever bypass , led to the neighbor 's garden .
[00:01:05.000 --> 00:01:13.000] And suddenly , look , I have a clean , non - em ission stove . Nothing is flying out of my chimney . Pay me more . I 'm a genius .
[00:01:13.000 --> 00:01:15.000] You mean energy production , right ?
[00:01:15.000 --> 00:01:26.000] Not only . At practically every stage of electric car production , electric car use , electric car utilization , we make a crushing mess of the natural environment ,
[00:01:26.000 --> 00:01:30.000] while stealing people from a gigantic amount of money .
[00:01:30.000 --> 00:01:36.000] Because combustion cars are well known , they are already relatively easy to repair .
[00:01:36.000 --> 00:01:41.000] You can 't repair an electric car . You can 't have a mechanic repair an electric car .
[00:01:41.000 --> 00:01:49.000] Because you need special high - volt age equipment , which almost no plant has , and it 's not that easy to have them .
[00:01:49.000 --> 00:01:57.000] This will practically exclude the vast majority of all people who would like to repair something in their car , repair it themselves , at a low cost .
[00:01:57.000 --> 00:02:08.000] In electric cars , it is impossible . You need to have electronics , special diagnostic systems , you can 't just replace parts , because it 's complicated and dangerous .
[00:02:08.000 --> 00:02:14.000] It can literally , physically kill you . Your diesel engine won 't kill you . Unless you fall on your head .
[00:02:14.000 --> 00:02:20.000] Electric cars can burn you in the garage . Electric cars are super dangerous for users .
[00:02:20.000 --> 00:02:24.000] Super expensive to maintain for users when it comes to repair costs .
[00:02:24.000 --> 00:02:30.000] It 's a bag without a bottom , to put it shortly , in the current system . But this is just a tiny part of the problem .
[00:02:30.000 --> 00:02:33.000] A few days ago , I was listening to an interview with the director of Green peace Poland .
[00:02:33.000 --> 00:02:45.000] He was asked about the limited number of combustion cars . He answered the question that we have no other choice than to produce electric cars to live healthy and safe .
[00:02:45.000 --> 00:02:52.000] Mr . Mar ius z ku , let 's consider the ecological consequences of the whole operation of moving to electric cars .
[00:02:52.000 --> 00:02:58.000] In the full range , it is impossible . So I will only show two simple mechanisms .
[00:02:58.000 --> 00:03:09.000] One , that is , the production of batteries for electric cars , which are the most important and most expensive element , with a total of 35 to 80 % of the value of the whole car .
[00:03:09.000 --> 00:03:12.000] And the second , the power ing of electric cars .
[00:03:12.000 --> 00:03:20.000] So , I read a nice report of Swedish scientists who studied the impact of electric hybrid cars on the environment , compared to combustion cars .
[00:03:20.000 --> 00:03:27.000] And , for example , the report shows that the production of lithium - ion batteries is associated with a high carbon dioxide emission .
[00:03:27.000 --> 00:03:33.000] Every 1 k Wh of battery capacity is an emission of 150 - 200 kg of gas .
[00:03:33.000 --> 00:03:35.000] So , the bad gas , let 's say .
[00:03:35.000 --> 00:03:45.000] For example , when buying a Nissan Leaf or Tesla Model S , we have a total emission of 5 . 3 tons , in the case of Tesla - 17 . 5 tons of carbon dioxide .
[00:03:45.000 --> 00:03:54.000] At the moment of buying . Swedish scientists also calculated that to emit as much carbon dioxide as it hits during the production of the battery ,
[00:03:54.000 --> 00:04:00.000] an ordinary car would take almost 3 years , in the case of such a Nissan , in the case of Tesla - over 8 years .
[00:04:00.000 --> 00:04:05.000] And we say this only in the case that you buy a used battery , do not replace it , and so on .
[00:04:05.000 --> 00:04:12.000] Because when you buy a second - hand battery , it suddenly turns out that you have to drive a regular combustion car for 16 years ,
[00:04:12.000 --> 00:04:18.000] to compensate only for the production of the battery itself , for the electric car , this super - e co .
[00:04:18.000 --> 00:04:21.000] I hope that this helped answer the question .
[00:04:21.000 --> 00:04:29.000] Exactly . To produce a battery for an electric car , you need many , many kilograms , even tens of kilograms of rare metals .
[00:04:29.000 --> 00:04:34.000] Are we able to produce as many rare metals as possible on Earth ? And at what cost ?
[00:04:34.000 --> 00:04:37.000] I am an economist , so I will answer as an economist .
[00:04:37.000 --> 00:04:46.000] If I see that some great development of the industry depends on something very difficult to achieve ,
[00:04:46.000 --> 00:04:51.000] and only in a few places in the world , controlled by a few entities in the world ,
[00:04:51.000 --> 00:04:54.000] then I feel a great tragedy for customers .
[00:04:54.000 --> 00:04:57.000] Because it will lead to a monopoly .
[00:04:57.000 --> 00:05:06.000] That is , there will be a few people , physically , who will control the entire industry of electric cars around the world .
[00:05:06.000 --> 00:05:10.000] And they will be able to dictate any conditions , even financial ones .
[00:05:10.000 --> 00:05:12.000] This is not a good future .
[00:05:12.000 --> 00:05:16.000] Certainly not for customers , but for producers , for suppliers .
[00:05:16.000 --> 00:05:19.000] S ee you in a moment .
[00:05:19.000 --> 00:05:22.000] A short break .
[00:00:00.000 --> 00:00:02.360] What 's the deal , Mr . Mar ius z ?
[00:00:02.360 --> 00:00:04.360] What did you hear there again ?
[00:00:04.360 --> 00:00:09.280] I heard , or rather read , that in the Brazilian city of Port o A leg re
[00:00:09.280 --> 00:00:12.000] artificial intelligence wrote local law .
[00:00:12.000 --> 00:00:16.280] Specifically , a resolution on water me asures that the council ors could not come up with .
[00:00:16.280 --> 00:00:20.800] One of the city council ors , Ch ata G TP , was given such a task .
[00:00:20.800 --> 00:00:27.720] In general , it was about oblig ing the local water supply plant to quickly install new water me asures .
[00:00:27.720 --> 00:00:31.680] Because there is a plague in this city with water me asures theft .
[00:00:31.680 --> 00:00:34.600] Art ificial intelligence proposed such a record that
[00:00:34.600 --> 00:00:39.240] the water ways have 30 days to install a new water measure after the theft .
[00:00:39.240 --> 00:00:43.880] Because if they don 't do it , they simply don 't have the right to collect water fees .
[00:00:43.880 --> 00:00:47.680] Brilliant and simple , Mr . Mar ius z . Why didn 't man come up with it ?
[00:00:47.680 --> 00:00:52.040] In one sentence , I will explain to you that these are completely different worlds
[00:00:52.040 --> 00:00:55.760] with different objectives and different goals .
[00:00:55.760 --> 00:01:00.640] On the one hand , artificial intelligence is not any intelligence ,
[00:01:00.640 --> 00:01:05.680] but advanced , self - learning mathematical models
[00:01:05.680 --> 00:01:11.440] aimed at searching for the best results in the shortest time with optimization methods .
[00:01:11.440 --> 00:01:15.520] On the other hand , the activities of the authorities are the exact opposite .
[00:01:15.520 --> 00:01:18.680] It is about increasing the degree of compl ication ,
[00:01:18.680 --> 00:01:22.000] extending the time and costs of action .
[00:01:22.000 --> 00:01:26.360] Political or official actions have completely opposite effects
[00:01:26.360 --> 00:01:30.160] than one might expect from people who think logically .
[00:01:30.160 --> 00:01:32.640] And this example with water measures is so interesting ,
[00:01:32.640 --> 00:01:34.880] maybe it would be a good idea to ask yourself the question
[00:01:34.880 --> 00:01:37.480] why is there such a problem at all ?
[00:01:37.480 --> 00:01:40.040] Why don 't we have such mass theft s ?
[00:01:40.040 --> 00:01:45.120] Why ? Because there is a f atal government , a fatal economy ,
[00:01:45.120 --> 00:01:48.160] people are poor , politicians are corrupt ,
[00:01:48.160 --> 00:01:54.080] and no artificial intelligence can fix anything .
[00:01:54.080 --> 00:01:56.280] So it was easier for us to invent artificial intelligence
[00:01:56.280 --> 00:02:01.320] than to repro gram the way the administration , offices and politicians act , right ?
[00:02:01.320 --> 00:02:02.920] Yes , exactly . You are right .
[00:02:02.920 --> 00:02:07.400] It is easier to generate the most advanced self - learning models
[00:02:07.400 --> 00:02:09.320] than to elect honest politicians .
[00:02:09.320 --> 00:02:13.960] Mr . Mar ius z , but this resolution in the city of Port o A leg re was approved by the City Council
[00:02:13.960 --> 00:02:19.360] and only after that , after this fact , the council or who asked for the proposal of artificial intelligence
[00:02:19.360 --> 00:02:24.200] betrayed , publicly said that it was she who prepared the project and the resolution .
[00:02:24.200 --> 00:02:29.320] Does it mean that we are ashamed to use artificial intelligence in such cases ?
[00:02:29.320 --> 00:02:32.160] Not at all . It depends on who and how uses it .
[00:02:32.160 --> 00:02:34.200] Art ificial intelligence is just a tool .
[00:02:34.200 --> 00:02:38.120] New , efficient , if you can use it , let 's add .
[00:02:38.120 --> 00:02:42.440] In the past , computers , cal c ulation arc s or text editors were such a leap .
[00:02:42.440 --> 00:02:46.560] Until now , computers have handed us over to tedious , labor ious work ,
[00:02:46.560 --> 00:02:49.160] and now they are starting to hand us over to creative work .
[00:02:49.160 --> 00:02:52.240] This is a bit of a shame , at least for some .
[00:02:52.240 --> 00:02:54.400] No , no , I will not agree with that .
[00:02:54.400 --> 00:02:56.360] There have been a lot of such loud cases ,
[00:02:56.360 --> 00:03:01.840] for example , of under educ ated or lazy lawyers or programmers using AI or SI ,
[00:03:01.840 --> 00:03:04.200] as we can shorten it in Polish .
[00:03:04.200 --> 00:03:08.040] It happened that the official American legal committee
[00:03:08.040 --> 00:03:14.720] issued special detailed guidelines describing and prohib iting the use of artificial intelligence .
[00:03:14.720 --> 00:03:18.040] And so do many of the richest companies , also computer companies ,
[00:03:18.040 --> 00:03:23.760] prohib it their employees from using artificial intelligence under serious sanctions .
[00:03:23.760 --> 00:03:25.520] Mainly for two reasons .
[00:03:25.520 --> 00:03:27.720] One , of course , is the security of data ,
[00:03:27.720 --> 00:03:32.520] because artificial intelligence is just a big machine for stealing data .
[00:03:32.520 --> 00:03:40.000] And the second , to potentially dangerous errors that can be caused by using artificial intelligence .
[00:03:40.000 --> 00:03:42.000] Such thought less use .
[00:03:42.000 --> 00:03:46.280] One of the largest electronic companies in the world , Samsung S emic ondu ctor ,
[00:03:46.280 --> 00:03:48.760] officially allowed the use of GP T chart ,
[00:03:48.760 --> 00:03:51.640] and here I will quote the journalist from the portal Dob re Pro gram y . pl .
[00:03:51.640 --> 00:03:54.080] Samsung engineers used the GP T chart ,
[00:03:54.080 --> 00:03:57.080] among other things , to create quick source code corrections ,
[00:03:57.080 --> 00:04:00.360] past ing it in the application , which meant leaking data outside the company .
[00:04:00.360 --> 00:04:04.240] The company has reported three cases of using artificial intelligence in a way
[00:04:04.240 --> 00:04:07.240] that led to data leakage .
[00:04:07.240 --> 00:04:10.760] All this happened in just 20 days .
[00:04:10.760 --> 00:04:11.760] End of quote .
[00:04:11.760 --> 00:04:15.360] For our listeners who visit our blog ,
[00:04:15.360 --> 00:04:18.280] I will put links to interesting cases , articles ,
[00:04:18.280 --> 00:04:20.280] you will read it in more detail .
[00:04:20.280 --> 00:04:22.480] Another example from another industry .
[00:04:22.480 --> 00:04:24.560] Steven Schw artz , a lawyer from the USA ,
[00:04:24.560 --> 00:04:27.880] used the GP T chart during the appeals against Av ian ca Airlines .
[00:04:27.880 --> 00:04:32.280] In court , it turned out that the chat gave him fictional facts ,
[00:04:32.280 --> 00:04:34.960] and he quoted them sens eless ly in court .
[00:04:34.960 --> 00:04:40.040] Art ificial intelligence does not actually base its answers only on facts and data ,
[00:04:40.040 --> 00:04:43.560] but sometimes it in ven ts them itself .
[00:04:43.560 --> 00:04:47.920] These models work in a way of statistical pr oo fs ,
[00:04:47.920 --> 00:04:49.600] some mathematical models ,
[00:04:49.600 --> 00:04:52.520] but not based on some intelligence ,
[00:04:52.520 --> 00:04:54.640] because there is no intelligence there .
[00:04:54.640 --> 00:04:57.120] Please always remember this .
[00:04:57.120 --> 00:04:59.640] Mr . Mar ius z , coming back to the question of intelligence ,
[00:04:59.640 --> 00:05:01.640] you said that these systems can learn ,
[00:05:01.640 --> 00:05:05.000] and isn 't that just a manifestation of this intelligence ,
[00:05:05.000 --> 00:05:06.000] whatever it is ?
[00:05:06.000 --> 00:05:09.600] And besides , doesn 't it lead to the fact that in some time
[00:05:09.600 --> 00:05:12.120] machines will simply be smarter than people ?
[00:05:12.120 --> 00:05:15.560] I 'll put it this way , there is no intelligence there , no wisdom ,
[00:05:15.560 --> 00:05:17.760] because is the calculator smarter than you ?
[00:05:17.760 --> 00:05:20.120] Well , it can count faster and larger numbers ,
[00:05:20.120 --> 00:05:24.120] but it 's no wisdom , it 's just math .
[00:05:24.120 --> 00:05:28.120] I think that artificial intelligence eliminates the stupid est people from every profession ,
[00:05:28.120 --> 00:05:29.120] and that 's good ,
[00:05:29.120 --> 00:05:32.120] but at the same time it also creates new special ties .
[00:05:32.120 --> 00:05:34.120] For example , the so - called prom p ter ,
[00:05:34.120 --> 00:05:37.120] that is , a person writing questions to artificial intelligence ,
[00:05:37.120 --> 00:05:39.120] which is not easy at all ,
[00:05:39.120 --> 00:05:41.120] and most people can 't do it , and won 't be able to ,
[00:05:41.120 --> 00:05:44.120] just like most people can 't use computers so far .
[00:05:44.120 --> 00:05:46.120] It 's not just clicking the mouse , ladies and gentlemen .
[00:05:46.120 --> 00:05:51.120] In my opinion , it will be the same with these advanced AI systems .
[00:05:51.120 --> 00:05:54.120] Art ificial intelligence tells me that we should take a break .
[00:05:54.120 --> 00:05:56.120] I invite you to the topic in a moment .
[00:00:00.000 --> 00:00:02.000] What 's going on , Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What have you heard about ?
[00:00:04.000 --> 00:00:08.000] A few days ago , the whole world followed the march to Moscow ,
[00:00:08.000 --> 00:00:13.000] in the performance of the famous Wagner 's group of private troops fighting in Ukraine .
[00:00:13.000 --> 00:00:18.000] However , few people noticed the information that also appeared in the world media ,
[00:00:18.000 --> 00:00:24.000] that right after the end of this p uc z , Russian diplom ats flew to several African countries ,
[00:00:24.000 --> 00:00:27.000] where , as it turns out , Wagner 's troops are also stationed .
[00:00:27.000 --> 00:00:32.000] My question is , what is the private military group doing in Africa
[00:00:32.000 --> 00:00:35.000] and why did Putin send his diplom ats there ?
[00:00:35.000 --> 00:00:36.000] Good question .
[00:00:36.000 --> 00:00:40.000] They are there , above all , to support the dictator ial governments ,
[00:00:40.000 --> 00:00:44.000] the corrupt governments in African countries , at least 10 of which I know .
[00:00:44.000 --> 00:00:49.000] First of all , they are engaged in the mining of precious minerals ,
[00:00:49.000 --> 00:00:53.000] mainly gold , diamonds , and murder ing opposition ists ,
[00:00:53.000 --> 00:00:57.000] murder ing political opponents , supp ressing riots .
[00:00:57.000 --> 00:01:01.000] Well , such a normal international activity .
[00:01:01.000 --> 00:01:03.000] All countries do it , not just Putin .
[00:01:03.000 --> 00:01:09.000] Does this money go to the Russian state budget or is it consumed in some other way ?
[00:01:09.000 --> 00:01:14.000] I assume that here and there we have no data , no details , for obvious reasons ,
[00:01:14.000 --> 00:01:16.000] of course , because these are illegal funds ,
[00:01:16.000 --> 00:01:22.000] but at the same time these funds go to maintain the whole country ,
[00:01:22.000 --> 00:01:25.000] because we are talking about really huge amounts of money here .
[00:01:25.000 --> 00:01:29.000] And of course , they also lead to a gigantic wealth ,
[00:01:29.000 --> 00:01:32.000] a tiny group of people who are in power .
[00:01:32.000 --> 00:01:35.000] In February this year , in Kh art ou m , Sudan ,
[00:01:35.000 --> 00:01:39.000] the tar gets , controlling the shipment sent to Moscow ,
[00:01:39.000 --> 00:01:42.000] the shipment that was supposed to contain supposedly cookies ,
[00:01:42.000 --> 00:01:45.000] found gold , and this in a huge amount , about a ton ,
[00:01:45.000 --> 00:01:47.000] according to the Western media .
[00:01:47.000 --> 00:01:51.000] The case was sil enced , since such information has already appeared officially .
[00:01:51.000 --> 00:01:54.000] Why did the United States or the European Union not influence
[00:01:54.000 --> 00:01:58.000] the cut of such a source of funding for Moscow ?
[00:01:58.000 --> 00:01:59.000] Why would they influence ?
[00:01:59.000 --> 00:02:04.000] All the great s knew about it for years and used these phenomena in many ways .
[00:02:04.000 --> 00:02:06.000] And who would actually oppose it ?
[00:02:06.000 --> 00:02:08.000] The bri be - t akers from the EU ?
[00:02:08.000 --> 00:02:11.000] The bri be - t aker Biden , who has a son of a drug addict and a catch er ,
[00:02:11.000 --> 00:02:14.000] who has been receiving millions of b rib es from all over the world for years ,
[00:02:14.000 --> 00:02:18.000] among others from Ukrainian gas and fuel ol ig arch s ?
[00:02:18.000 --> 00:02:23.000] I don 't think there is anyone in power who would have the clear conscience
[00:02:23.000 --> 00:02:27.000] to act and break such a th ieving silence .
[00:02:27.000 --> 00:02:32.000] Now that it 's all out in the open , they 'll probably have to do something .
[00:02:32.000 --> 00:02:37.000] But so far it 's been like a mafia , where the bosses can hate each other ,
[00:02:37.000 --> 00:02:41.000] and even kill , but they never stop doing common interests
[00:02:41.000 --> 00:02:43.000] and stealing from others .
[00:02:43.000 --> 00:02:47.000] As for these flights , there were more than one , but a dozen ,
[00:02:47.000 --> 00:02:49.000] of which we know for sure , of course .
[00:02:49.000 --> 00:02:54.000] In addition , a funny fact , the tar ge ts got a call from a high - rank ing official
[00:02:54.000 --> 00:02:58.000] that they were to let the plane go and the gold , and that 's exactly what happened .
[00:02:58.000 --> 00:03:03.000] From the available data , I know that we are talking about at least 32 tons
[00:03:03.000 --> 00:03:07.000] of illegally transported gold only from Sudan .
[00:03:07.000 --> 00:03:12.000] Because it is estimated that the profits from the gold mine in Central Africa
[00:03:12.000 --> 00:03:14.000] are a billion dollars a year .
[00:03:14.000 --> 00:03:17.000] And these examples can be multiplied , because there is a lot of it .
[00:03:17.000 --> 00:03:21.000] Since it has worked so far , Pr igo z hin had his share in this interest ,
[00:03:21.000 --> 00:03:24.000] as do I , his group and his soldiers .
[00:03:24.000 --> 00:03:30.000] So why did he need such an act of rebellion against his super iors in Moscow ,
[00:03:30.000 --> 00:03:33.000] which we all observed a few days ago ?
[00:03:33.000 --> 00:03:37.000] What did he want to gain ? Did he actually go to Moscow for justice ,
[00:03:37.000 --> 00:03:41.000] as it was said about his march , which sounds quite absurd .
[00:03:41.000 --> 00:03:45.000] Knowing history , we know that private military groups re be lled
[00:03:45.000 --> 00:03:48.000] when they stopped getting paid .
[00:03:48.000 --> 00:03:52.000] What happened this time ? What can we guess ?
[00:03:52.000 --> 00:03:57.000] No , he didn 't need it at all , because it was absolutely necessary to him .
[00:03:57.000 --> 00:04:00.000] It was literally a matter of his survival , in my opinion .
[00:04:00.000 --> 00:04:04.000] From July 1 , his fighters were to join the off icial army ,
[00:04:04.000 --> 00:04:07.000] which would make him unnecessary there .
[00:04:07.000 --> 00:04:11.000] And it was when he became the hero of the whole of Russia .
[00:04:11.000 --> 00:04:16.000] He was welcomed with flowers on the streets , and in my opinion , it worried Putin .
[00:04:16.000 --> 00:04:20.000] He was also heard about Pr igo z hin 's political ambitions
[00:04:20.000 --> 00:04:24.000] and really strong support in the so - called military res orts ,
[00:04:24.000 --> 00:04:29.000] which , of course , Putin 's government doesn 't like , especially in recent years .
[00:04:29.000 --> 00:04:35.000] From what I learned , Putin allowed Sho igu to quietly pac ify
[00:04:35.000 --> 00:04:40.000] the largest military force that Pr igo z hin had .
[00:04:40.000 --> 00:04:44.000] Pr igo z hin and Sho igu , the Minister of Defense , have hated each other for years ,
[00:04:44.000 --> 00:04:48.000] because Pr igo z hin didn 't share the loot with the entire military mafia .
[00:04:48.000 --> 00:04:50.000] I think that 's the right word .
[00:04:50.000 --> 00:04:55.000] And they made their lives so miserable that they killed hundreds of his fighters
[00:04:55.000 --> 00:05:00.000] for their purpose ful , incompet ent and even almost sabot age decisions .
[00:05:00.000 --> 00:05:06.000] Of course , there is money involved , because Pr igo z hin received about a billion dollars ,
[00:05:06.000 --> 00:05:11.000] at least in the last year , which Putin himself admitted at one of the conferences .
[00:05:11.000 --> 00:05:15.000] We are only talking about legal payments from the budget ,
[00:05:15.000 --> 00:05:18.000] and I assume there was much more of it from illegal money ,
[00:05:18.000 --> 00:05:21.000] as we mentioned , taken , for example , from these mines in Africa ,
[00:05:21.000 --> 00:05:24.000] and also from dozens of legally established businesses ,
[00:05:24.000 --> 00:05:27.000] where one of them is called MID AS ,
[00:05:27.000 --> 00:05:31.000] which probably says a lot about what he does and what profits he makes .
[00:05:31.000 --> 00:05:35.000] In my opinion , the explanation for the mystery of this rebellion is the fight of two poles
[00:05:35.000 --> 00:05:40.000] of Putin 's proper power , i . e . the army and special services , mainly the FS B , of course .
[00:05:40.000 --> 00:05:44.000] Putin has kept them more or less in a balanced opposition ,
[00:05:44.000 --> 00:05:46.000] that 's why he could rule for so long .
[00:05:46.000 --> 00:05:49.000] It seems that he is losing control of them now ,
[00:05:49.000 --> 00:05:51.000] and I assume that one of these forces will win ,
[00:05:51.000 --> 00:05:55.000] probably by killing Putin and killing dangerous opponents ,
[00:05:55.000 --> 00:05:58.000] and sub ordin ating all the less important ones .
[00:05:58.000 --> 00:06:01.000] Time for a break , we 'll be back in a moment .
[00:00:00.000 --> 00:00:02.000] What 's going on Mr . Mar ius z ?
[00:00:02.000 --> 00:00:03.640] What did you hear there ?
[00:00:03.640 --> 00:00:06.140] I wanted to persuade you to talk about war today .
[00:00:06.140 --> 00:00:10.160] But how about the war as an economic phenomenon ?
[00:00:10.160 --> 00:00:12.400] Let 's talk about how much does war cost .
[00:00:12.400 --> 00:00:14.900] There is now a war on Ukraine beyond our borders ,
[00:00:14.900 --> 00:00:21.160] and last year the Ukrainian prime minister betrayed that one day of war costs his country 70 million dollars .
[00:00:21.160 --> 00:00:25.440] If we add the foreign aid that Ukraine received ,
[00:00:25.440 --> 00:00:29.360] in 10 months it was stated that it was 150 billion dollars ,
[00:00:29.360 --> 00:00:32.960] on average it gives an additional 300 million dollars .
[00:00:32.960 --> 00:00:38.800] But it all looks pale and empty when we count the scientists of the Russian Academy of Sciences .
[00:00:38.800 --> 00:00:45.000] As our media reported , they calculated that Russia costs a billion dollars on the day of the war .
[00:00:45.000 --> 00:00:48.000] Who can afford such huge expenses ?
[00:00:48.000 --> 00:00:50.000] No one and everyone , literally .
[00:00:50.000 --> 00:00:52.000] Because it 's a pretty interesting phenomenon ,
[00:00:52.000 --> 00:00:57.500] that actually war , from an economic point of view , should be a complete tragedy .
[00:00:57.500 --> 00:00:59.000] But it is not .
[00:00:59.000 --> 00:01:01.000] To quote a certain quote ,
[00:01:01.000 --> 00:01:05.000] " D uring the war , the biggest economic development takes place ,
[00:01:05.000 --> 00:01:10.000] and if we eliminated the boring period of peace , we would actually have development all the time ."
[00:01:10.000 --> 00:01:16.000] War has a very profound impact on the lives of all societies .
[00:01:16.000 --> 00:01:20.000] It eliminates a lot of people who really cost .
[00:01:20.000 --> 00:01:22.000] Who dies in the war most often ?
[00:01:22.000 --> 00:01:24.000] We ak people , the elderly .
[00:01:24.000 --> 00:01:27.000] So what costs the most is the maintenance of the budget .
[00:01:34.000 --> 00:01:38.000] There are no protests , no promotions , no one even thinks about it .
[00:01:38.000 --> 00:01:41.000] So you can keep the whole society very cheap ly ,
[00:01:41.000 --> 00:01:45.000] eliminating most of the costs that you normally pay .
[00:01:45.000 --> 00:01:47.000] The efficiency of work increases ,
[00:01:47.000 --> 00:01:52.000] industrial production increases , which is usually the carrier of development of each country .
[00:01:52.000 --> 00:01:54.000] So success .
[00:01:54.000 --> 00:01:56.000] Of course , as you rightly noticed at the beginning ,
[00:01:56.000 --> 00:01:59.000] it all costs an incredible amount of money .
[00:01:59.000 --> 00:02:02.000] Where do countries that are w aging war get the money from ?
[00:02:02.000 --> 00:02:04.000] Ukraine has economic problems .
[00:02:04.000 --> 00:02:08.000] Because you have to pay for ammunition , for weapons , for equipment .
[00:02:08.000 --> 00:02:12.000] You have to pay for the soldiers , you have to pay for the damage to those who died ,
[00:02:12.000 --> 00:02:14.000] you have to pay for the costs of treating the wounded .
[00:02:14.000 --> 00:02:16.000] These are huge expenses .
[00:02:16.000 --> 00:02:18.000] Where does Ukraine get the money for this , for example ?
[00:02:18.000 --> 00:02:19.000] Yes , you are right .
[00:02:19.000 --> 00:02:26.000] Looking at this conflict , we see two completely contrary philosoph ies of financing the war .
[00:02:26.000 --> 00:02:30.000] Think Tank , a country that deals with energy analysis ,
[00:02:30.000 --> 00:02:33.000] revealed that from the sales of energy carriers ,
[00:02:33.000 --> 00:02:36.000] from the day of the full - scale attack ,
[00:02:36.000 --> 00:02:39.000] almost 100 billion euros flow ed into Russia ,
[00:02:39.000 --> 00:02:41.000] of which almost 60 % from the EU ,
[00:02:41.000 --> 00:02:44.000] only during the first 100 days of the war .
[00:02:44.000 --> 00:02:47.000] So , as you said , they have a billion euros a day .
[00:02:47.000 --> 00:02:49.000] And we pay them for it !
[00:02:49.000 --> 00:02:54.000] That Russia even makes more money than before the war .
[00:02:54.000 --> 00:03:00.000] The Special Times recently reported that Moscow could add about 100 billion dollars
[00:03:00.000 --> 00:03:03.000] to its foreign assets of free extensions .
[00:03:03.000 --> 00:03:06.000] Russia can also be helped by other activities ,
[00:03:06.000 --> 00:03:11.000] for example , tons of gold or contracts in the style of the construction of a nuclear power plant in Egypt .
[00:03:11.000 --> 00:03:16.000] Here are some funny facts that the Sudan ese air force
[00:03:16.000 --> 00:03:19.000] searched for a plane to transport cookies to Russia .
[00:03:19.000 --> 00:03:23.000] They found a box with a ton of gold there .
[00:03:23.000 --> 00:03:26.000] It was only one of a dozen flights that we know of .
[00:03:26.000 --> 00:03:29.000] Let 's add that for years , through the invasion ,
[00:03:29.000 --> 00:03:33.000] Putin bought hundreds of tons of gold ,
[00:03:33.000 --> 00:03:37.000] which , with a price jump , gave him a huge profit .
[00:03:37.000 --> 00:03:41.000] Offic ially , they have about 2 , 300 tons of gold ,
[00:03:41.000 --> 00:03:45.000] worth about 150 billion dollars .
[00:03:45.000 --> 00:03:50.000] It will be useful , because the declared expenses for national defense in 20 83
[00:03:50.000 --> 00:03:54.000] are planned to be calculated at $ 84 billion ,
[00:03:54.000 --> 00:03:58.000] which gives about 40 % more than they assumed .
[00:03:58.000 --> 00:04:01.000] Well , what does it look like in the case of Ukraine ?
[00:04:01.000 --> 00:04:03.000] Ukraine does not have such resources .
[00:04:03.000 --> 00:04:07.000] I will probably surprise listeners by saying who helps Putin in making money .
[00:04:07.000 --> 00:04:11.000] I quote here a well - in formed US intelligence official ,
[00:04:11.000 --> 00:04:13.000] Se ym our Hers h .
[00:04:13.000 --> 00:04:17.000] It was Zel ens ky who bought diesel oil from the Russians with a discount .
[00:04:17.000 --> 00:04:20.000] And who paid for petrol and oil ? We did .
[00:04:20.000 --> 00:04:23.000] Putin and his ol ig arch s earn millions on it .
[00:04:23.000 --> 00:04:26.000] It is estimated that the president of Ukraine and his ent ourage
[00:04:26.000 --> 00:04:30.000] have donated at least $ 400 million to Ukraine
[00:04:30.000 --> 00:04:32.000] for the purchase of fuel .
[00:04:32.000 --> 00:04:37.000] Ukraine is currently in the 120 th place in the world ranking of corruption in 180 countries .
[00:04:37.000 --> 00:04:43.000] Therefore , it is shock ingly worse than all its neighbors outside Russia .
[00:04:43.000 --> 00:04:48.000] The issue of corruption was raised during a January visit to Kiev by the CIA chief , William Burns ,
[00:04:48.000 --> 00:04:55.000] who delivered to Zel ens ky a list of 35 corrupt officials and officers .
[00:04:55.000 --> 00:04:59.000] Zel ens ky was forced to react to Washington 's attacks .
[00:04:59.000 --> 00:05:01.000] He publicly fired only 10 people .
[00:05:01.000 --> 00:05:05.000] He limited himself to officials who bra zen ly bra gged about their money
[00:05:05.000 --> 00:05:08.000] driving a new Mercedes around Kiev .
[00:05:08.000 --> 00:05:12.000] This is not the first such corruption sensation of the media hero of Ukraine .
[00:05:12.000 --> 00:05:15.000] Let me remind you of the Pand ora P apers .
[00:05:15.000 --> 00:05:17.000] What is Ukraine doing now officially ?
[00:05:17.000 --> 00:05:19.000] It is getting longer .
[00:05:19.000 --> 00:05:23.000] We already know about the military aid that has long exceeded $ 100 billion .
[00:05:23.000 --> 00:05:25.000] And yet they lose fights .
[00:05:25.000 --> 00:05:28.000] And they are not able to start the promised offensive .
[00:05:28.000 --> 00:05:30.000] They make various excuses .
[00:05:30.000 --> 00:05:32.000] They said it was too hot for the offensive .
[00:05:32.000 --> 00:05:34.000] Earlier they said it was too cold .
[00:05:34.000 --> 00:05:38.000] Is abel Coleman from the American International Development Agency
[00:05:38.000 --> 00:05:42.000] says that Ukraine is facing the biggest reconstruction project in the world .
[00:05:42.000 --> 00:05:47.000] Ukrain ians estimate the costs to be $ 750 billion to $ 1 billion .
[00:05:47.000 --> 00:05:50.000] And that 's a lot of money someone will get .
[00:05:50.000 --> 00:05:53.000] That 's why Zel ens ky meets Lawrence F ink ,
[00:05:53.000 --> 00:05:56.000] called the king of Wall Street ,
[00:05:56.000 --> 00:05:58.000] the boss of Black Rock .
[00:05:58.000 --> 00:06:01.000] The same one from the Bud Light scandal from the previous hearing .
[00:06:01.000 --> 00:06:04.000] Which is being used to pressure on the biggest LGBT ,
[00:06:04.000 --> 00:06:08.000] the W oken ess and similar crazy things .
[00:06:08.000 --> 00:06:10.000] Mr . Mar ius z , let 's pause for a moment .
[00:06:10.000 --> 00:06:12.000] Maybe not a period , but a comma .
[00:00:00.000 --> 00:00:02.000] [ The end ]
[00:00:02.000 --> 00:00:04.000] What 's going on , Mr . Mar ius z ?
[00:00:04.000 --> 00:00:06.000] What did you hear there again ?
[00:00:06.000 --> 00:00:10.000] To be honest , I was inspired by our conversation from a week ago
[00:00:10.000 --> 00:00:15.000] about how unsuccessful TV shows produced in recent or previous years
[00:00:15.000 --> 00:00:20.000] affect the course of action of large companies producing movies .
[00:00:20.000 --> 00:00:24.000] I started looking for data on the Internet about the number of viewers
[00:00:24.000 --> 00:00:28.000] and tickets from the famous series " The Ring of Power ".
[00:00:28.000 --> 00:00:34.000] While Amazon , the producer , bo asted a lot about the distribution of the series ,
[00:00:34.000 --> 00:00:37.000] how much it invested in its production ,
[00:00:37.000 --> 00:00:42.000] that it cost a record $ 1 billion in the history of cinema ,
[00:00:42.000 --> 00:00:46.000] it 's hard to find enough data on how much it earned .
[00:00:46.000 --> 00:00:51.000] Is this one of the signs that the movie was a financial flop ?
[00:00:51.000 --> 00:00:57.000] It doesn 't necessarily have to be a sign , but it gives a disturbing signal .
[00:00:57.000 --> 00:01:03.000] If we have something to boast about , why not ?
[00:01:03.000 --> 00:01:05.000] Because we 're modest ?
[00:01:05.000 --> 00:01:10.000] No , we know that Amazon Studio and Jeff Be zos are not modest people .
[00:01:10.000 --> 00:01:14.000] They love to boast about their successes , numbers , achievements .
[00:01:14.000 --> 00:01:17.000] So it makes you think . You 're right .
[00:01:17.000 --> 00:01:22.000] Especially since in previous series or movies that were cash successes ,
[00:01:22.000 --> 00:01:28.000] it was officially announced that they earned several times more than their production cost .
[00:01:28.000 --> 00:01:32.000] This one should earn several billion dollars .
[00:01:32.000 --> 00:01:34.000] Yes , it is .
[00:01:34.000 --> 00:01:38.000] There were even announcements , sometimes even exaggerated ,
[00:01:38.000 --> 00:01:42.000] because they claimed that 60 years after the release of " R ings of Power "
[00:01:42.000 --> 00:01:45.000] it will be a hit and people will watch it .
[00:01:45.000 --> 00:01:49.000] So I think it will be a mega hit for decades .
[00:01:49.000 --> 00:01:55.000] And as you mentioned , the look of the predecessor itself is a high barrier .
[00:01:55.000 --> 00:02:01.000] For example , in 2004 " R ings of Power " won 11 Osc ars .
[00:02:01.000 --> 00:02:04.000] So in all categories nominated .
[00:02:04.000 --> 00:02:06.000] It 's impressive .
[00:02:06.000 --> 00:02:09.000] All three parts won 30 nominations , of which 17 .
[00:02:09.000 --> 00:02:12.000] So let 's admit it 's a high barrier .
[00:02:12.000 --> 00:02:14.000] In summary , I 'm talking about money .
[00:02:14.000 --> 00:02:16.000] Money is also impressive .
[00:02:16.000 --> 00:02:23.000] Let 's say that for the 93 million invested in " F ell ows hip of the Ring ",
[00:02:23.000 --> 00:02:25.000] the first part ,
[00:02:25.000 --> 00:02:30.000] this part earned something over 37 7 million dollars .
[00:02:30.000 --> 00:02:33.000] And it was the same with every part .
[00:02:33.000 --> 00:02:41.000] The first trilogy earned about 300 - 3 80 million dollars , each part .
[00:02:41.000 --> 00:02:45.000] Additional parts were released , extended versions , etc .
[00:02:45.000 --> 00:02:49.000] Each of them also earned millions .
[00:02:49.000 --> 00:02:54.000] The same with " The Hob bit ", which was the smallest part ,
[00:02:54.000 --> 00:02:58.000] and also artific ially divided from one book into a trilogy .
[00:02:58.000 --> 00:03:01.000] It also earned an average of 250 million for a part .
[00:03:01.000 --> 00:03:03.000] These are gigantic amounts .
[00:03:03.000 --> 00:03:07.000] We are talking about the fact that from a small amount of money ,
[00:03:07.000 --> 00:03:11.000] the company earned a billion dollars from the tickets .
[00:03:11.000 --> 00:03:15.000] The part where they invested 90 million dollars for the movie .
[00:03:15.000 --> 00:03:17.000] It 's impressive .
[00:03:17.000 --> 00:03:23.000] So the expectations for " R ings of Power " were gigantic .
[00:03:23.000 --> 00:03:27.000] Mr . Mar ius z , we should start with the explanation .
[00:03:27.000 --> 00:03:30.000] We are guilty of this to our listeners .
[00:03:30.000 --> 00:03:34.000] The point is to show why the film industry differs from typical industries ,
[00:03:34.000 --> 00:03:37.000] such as steel production , car production .
[00:03:37.000 --> 00:03:41.000] Why is this business so important ?
[00:03:41.000 --> 00:03:43.000] That 's a good question .
[00:03:43.000 --> 00:03:48.000] It 's important because of the amount of money in the media business ,
[00:03:48.000 --> 00:03:51.000] entertainment , as they call it ,
[00:03:51.000 --> 00:03:54.000] which is a wide ly understood entertainment .
[00:03:54.000 --> 00:03:57.000] But that 's not the key to the puzzle .
[00:03:57.000 --> 00:04:00.000] It 's a socially important business ,
[00:04:00.000 --> 00:04:04.000] because it shapes people 's minds and opinions ,
[00:04:04.000 --> 00:04:06.000] which affects all their life decisions .
[00:04:06.000 --> 00:04:09.000] It shapes the whole country and society .
[00:04:09.000 --> 00:04:13.000] The powers that be know it perfectly well and use it effectively .
[00:04:13.000 --> 00:04:17.000] So it 's about power and propaganda , not just about money .
[00:04:17.000 --> 00:04:21.000] He said it in a vul gar way , but it 's true .
[00:04:21.000 --> 00:04:23.000] It 's about power and propaganda .
[00:04:23.000 --> 00:04:26.000] We 'll take a break for advertising and music .
[00:04:26.000 --> 00:04:28.000] We 'll be back in a moment .
[00:00:00.000 --> 00:00:02.000] What 's the news Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What did you hear ?
[00:00:04.000 --> 00:00:13.000] I read in Business Ins ider that 8 American billion aires lost almost 400 billion dollars last year .
[00:00:13.000 --> 00:00:16.000] I wonder how you can lose such money .
[00:00:16.000 --> 00:00:22.000] They drank it , someone stole it , took it , invested badly , went bankrupt . What happened ?
[00:00:22.000 --> 00:00:28.000] Good question . Indeed , such amounts are falling and I have seen such calculations .
[00:00:28.000 --> 00:00:32.000] I would also add that it looks more interesting .
[00:00:32.000 --> 00:00:38.000] For example , the property of Elon Musk has decreased by more than half .
[00:00:38.000 --> 00:00:42.000] So these are not just billions , which are abstract for all of us ,
[00:00:42.000 --> 00:00:46.000] but we are talking about the fact that one of the richest people in the world lost half of his property .
[00:00:46.000 --> 00:00:48.000] Literally in a dozen months .
[00:00:48.000 --> 00:00:51.000] The same goes for Jeff Be zos , as well as many others .
[00:00:51.000 --> 00:00:55.000] We are talking about the world 's largest companies .
[00:00:55.000 --> 00:00:59.000] We are not talking about investments that went wrong .
[00:00:59.000 --> 00:01:08.000] We are talking about the fact that their key businesses suddenly fell in value .
[00:01:08.000 --> 00:01:11.000] How do you estimate the value of such people 's assets ?
[00:01:11.000 --> 00:01:14.000] Taking it literally from space .
[00:01:14.000 --> 00:01:17.000] It is not based on a hard number .
[00:01:17.000 --> 00:01:20.000] Someone says accounting is a very mathematical thing .
[00:01:20.000 --> 00:01:22.000] In this case , unfortunately , not at all .
[00:01:22.000 --> 00:01:25.000] How do you estimate real estate in Manhattan ?
[00:01:25.000 --> 00:01:27.000] How do you calculate it exactly ?
[00:01:27.000 --> 00:01:29.000] How do we know how much it is worth ?
[00:01:29.000 --> 00:01:31.000] Do you calculate the value of bricks ?
[00:01:31.000 --> 00:01:33.000] No .
[00:01:33.000 --> 00:01:38.000] I can compare it to the values of similar real estate sold before .
[00:01:38.000 --> 00:01:43.000] Yes , or the needs and possibilities of people who would like to buy .
[00:01:43.000 --> 00:01:44.000] How much can you sell ?
[00:01:44.000 --> 00:01:46.000] In short , we are talking about demand and sale .
[00:01:46.000 --> 00:01:48.000] This is a classic case .
[00:01:48.000 --> 00:01:51.000] How much is a bottle of Coca - Cola worth ?
[00:01:51.000 --> 00:01:53.000] How much does someone who buys want to pay ?
[00:01:53.000 --> 00:01:57.000] Yes , if you offer me this bottle in the desert when I die of thirst ,
[00:01:57.000 --> 00:02:01.000] it will be worth all the money .
[00:02:01.000 --> 00:02:02.000] You understand .
[00:02:02.000 --> 00:02:04.000] It is exactly the same with these prices .
[00:02:04.000 --> 00:02:09.000] Of course , it is not as dramatic as with Coca - Cola ,
[00:02:09.000 --> 00:02:14.000] but sometimes psychology plays the most important role in prices .
[00:02:14.000 --> 00:02:17.000] There are companies that are trendy ,
[00:02:17.000 --> 00:02:25.000] like Tesla , and suddenly their shares sky rocket ed several dozen times .
[00:02:25.000 --> 00:02:30.000] Stock s that were worth $ 10 - 15 in 2019 ,
[00:02:30.000 --> 00:02:35.000] then began to be worth $ 100 , $ 200 , $ 300 , $ 400 .
[00:02:35.000 --> 00:02:37.000] These are absurd values .
[00:02:37.000 --> 00:02:40.000] And now the question is what happened
[00:02:40.000 --> 00:02:43.000] that for a year or two with this company ,
[00:02:43.000 --> 00:02:49.000] the price of Coca - Cola increased from $ 10 to $ 400 .
[00:02:49.000 --> 00:02:51.000] What happened ?
[00:02:51.000 --> 00:02:52.000] It became popular .
[00:02:52.000 --> 00:02:55.000] But what happened now that it is losing ?
[00:02:55.000 --> 00:02:58.000] They started producing something that did not go into the market ?
[00:02:58.000 --> 00:02:59.000] They made a mistake ?
[00:02:59.000 --> 00:03:02.000] Such money does not go away for no reason .
[00:03:02.000 --> 00:03:05.000] You are right , they do not go away for no reason .
[00:03:05.000 --> 00:03:07.000] There are many reasons .
[00:03:07.000 --> 00:03:08.000] I will give one .
[00:03:08.000 --> 00:03:10.000] China .
[00:03:10.000 --> 00:03:16.000] Tesla invested huge amounts of money in mega factories in China .
[00:03:16.000 --> 00:03:20.000] And then it would seem that it is a brilliant move .
[00:03:20.000 --> 00:03:23.000] Today , when there were first lockdown s , strikes ,
[00:03:23.000 --> 00:03:27.000] and now China 's closure of the US economy ,
[00:03:27.000 --> 00:03:30.000] the so - called trade war between China and the US ,
[00:03:30.000 --> 00:03:37.000] at this point , this Tesla factory in China is rather a burden , a problem ,
[00:03:37.000 --> 00:03:39.000] than a profit .
[00:03:39.000 --> 00:03:41.000] Invest ors are not idiots .
[00:03:41.000 --> 00:03:44.000] Not all , but most investors are not idiots .
[00:03:44.000 --> 00:03:45.000] So they noticed it all .
[00:03:45.000 --> 00:03:47.000] For example , one detail .
[00:03:47.000 --> 00:03:50.000] The second is the lack of battery availability .
[00:03:50.000 --> 00:03:52.000] T ension on the Taiwan - Ch ina line .
[00:03:52.000 --> 00:03:55.000] Because it may suddenly turn out that we will not have chips ,
[00:03:55.000 --> 00:03:58.000] we will not have batteries for all these devices .
[00:03:58.000 --> 00:04:00.000] The same with Apple .
[00:04:00.000 --> 00:04:02.000] A big strike of the factory in China .
[00:04:02.000 --> 00:04:06.000] Exactly the Apple factory in China .
[00:04:06.000 --> 00:04:11.000] And at this point , what is a company worth that cannot produce anything ?
[00:04:11.000 --> 00:04:12.000] Literally .
[00:04:12.000 --> 00:04:14.000] Because there is nowhere .
[00:04:14.000 --> 00:04:18.000] And what control does it have over it ?
[00:04:18.000 --> 00:04:20.000] The answer is exactly none .
[00:04:20.000 --> 00:04:22.000] Because it is decided only by the Chinese government ,
[00:04:22.000 --> 00:04:23.000] and what happened in China .
[00:04:23.000 --> 00:04:25.000] They have no influence on it .
[00:04:25.000 --> 00:04:26.000] That 's what it 's about .
[00:04:26.000 --> 00:04:28.000] This is one of the aspects .
[00:04:28.000 --> 00:04:33.000] The second aspect is that what I have also repeatedly sign aled for years ,
[00:04:33.000 --> 00:04:37.000] in the opinion of the media , that there is a huge crisis .
[00:04:37.000 --> 00:04:42.000] Finally , what I have been saying since 2018 , very loudly ,
[00:04:42.000 --> 00:04:45.000] now reaches the public space .
[00:04:45.000 --> 00:04:49.000] And people say , " Dam n , there is a huge crisis ."
[00:04:49.000 --> 00:04:52.000] So all the indicators of all industries are falling .
[00:04:52.000 --> 00:04:54.000] All tech industries are going down .
[00:04:54.000 --> 00:04:56.000] Of course , they are not going down so horribly ,
[00:04:56.000 --> 00:04:58.000] as we say here , I don 't know , about half and so on .
[00:04:58.000 --> 00:04:59.000] No , no , no .
[00:04:59.000 --> 00:05:02.000] But it still shows that these are symptoms of a threat ,
[00:05:02.000 --> 00:05:04.000] such black clouds that are gathering .
[00:05:04.000 --> 00:05:06.000] Invest ors don 't like it either .
[00:05:06.000 --> 00:05:09.000] Because the future doesn 't look bright for them .
[00:05:09.000 --> 00:05:11.000] So this is the second aspect .
[00:05:11.000 --> 00:05:15.000] Because in 2022 miracles happened .
[00:05:15.000 --> 00:05:17.000] Stock s went up ?
[00:05:17.000 --> 00:05:18.000] Damn .
[00:05:18.000 --> 00:05:19.000] U da .
[00:05:19.000 --> 00:05:22.000] Don 't look for sense there , because it 's a pity for the West .
[00:05:22.000 --> 00:05:26.000] Before you buy a stock , put your head in the ice .
[00:00:00.000 --> 00:00:02.000] What 's up Mr . Mar ius z ?
[00:00:02.000 --> 00:00:04.000] What do you want to hear ?
[00:00:04.000 --> 00:00:10.000] I wanted to talk to you about earnings , and this is a difficult topic , although it concerns absolutely everyone .
[00:00:10.000 --> 00:00:18.000] And we all generally complain about our earnings , and meanwhile , as I read on the Internet , in Bangladesh , the minimum wage ,
[00:00:18.000 --> 00:00:24.000] and this is after the increase , which will come in December , will be 11 4 dollars per month ,
[00:00:24.000 --> 00:00:27.000] that 's 45 6 z lot ys .
[00:00:27.000 --> 00:00:35.000] For comparison , the minimum wage in Bangladesh is currently 75 dollars , which is about 300 z lot ys .
[00:00:35.000 --> 00:00:39.000] In Poland , the minimum wage is 36 00 z lot ys .
[00:00:39.000 --> 00:00:42.000] In January , it will increase to over 4000 z lot ys .
[00:00:42.000 --> 00:00:46.000] So in Poland , it is about 10 times more than in Bangladesh .
[00:00:46.000 --> 00:00:52.000] Can we compare the minimum wage level in different countries like Poland and Bangladesh ?
[00:00:52.000 --> 00:00:55.000] Can we conclude that we have an excellent wage ?
[00:00:55.000 --> 00:00:57.000] The wage is only a number .
[00:00:57.000 --> 00:01:03.000] The purchasing power of a given currency is counted , and also the standard of living provided by it .
[00:01:03.000 --> 00:01:08.000] You can be a rich man in one part of the world , and at the same time an average man somewhere else .
[00:01:08.000 --> 00:01:17.000] Let 's look at Poland , where , as far as I remember , a German or a French man had a few hundred percent of his average pension .
[00:01:17.000 --> 00:01:26.000] For many years , the idi ocy of the EU has shown that even the richest countries in Europe are systematically getting poorer ,
[00:01:26.000 --> 00:01:30.000] but they still have an advantage over us .
[00:01:30.000 --> 00:01:34.000] I have always been told , Mr . Mar ius z , that the pension depends on the efficiency .
[00:01:34.000 --> 00:01:37.000] The efficiency in such a sl um in Bangladesh is probably a lot .
[00:01:37.000 --> 00:01:40.000] Yes , they have amazing effic iencies there .
[00:01:40.000 --> 00:01:44.000] You probably wear a shirt or pants sewn there .
[00:01:44.000 --> 00:01:48.000] Let me check for fun , such experiments were done .
[00:01:48.000 --> 00:01:56.000] It always ends up in some kind of half - s lave or even completely slave labor , including very often the work of children , ladies and gentlemen .
[00:01:56.000 --> 00:01:59.000] So maybe you should start looking at the marks .
[00:01:59.000 --> 00:02:04.000] It is you who really ens lave these people through your decisions .
[00:02:04.000 --> 00:02:11.000] A company that has a well - known brand will do a promotion , because they literally buy it for money .
[00:02:11.000 --> 00:02:14.000] For them , such a workshop is money .
[00:02:14.000 --> 00:02:17.000] That 's why these products and materials are money .
[00:02:17.000 --> 00:02:19.000] Do you know what they cost the most ?
[00:02:19.000 --> 00:02:22.000] P acking and transport .
[00:02:22.000 --> 00:02:26.000] Most people have no idea , or of course , who is supposed to tell them that .
[00:02:26.000 --> 00:02:27.000] What do they tell them at school ?
[00:02:27.000 --> 00:02:31.000] The media ? Well , the media say what they are paid for .
[00:02:31.000 --> 00:02:34.000] Unless there really is no way out , there is a big scandal .
[00:02:34.000 --> 00:02:38.000] We were talking about , for example , the million - dollar labor camps in China ,
[00:02:38.000 --> 00:02:44.000] which you probably have some things at home that the slaves physically and real ly did .
[00:02:44.000 --> 00:02:52.000] Anyway , the ethnic minority , which is totally enslaved and extermin ated on a scale that you would think Hitler .
[00:02:52.000 --> 00:02:56.000] This is a pent acle in the current China , with which everyone trades .
[00:02:56.000 --> 00:02:59.000] Mr . Mar ius z , let 's get back to the issue of wages .
[00:02:59.000 --> 00:03:03.000] I have a question of a fundamental nature , which I often ask .
[00:03:03.000 --> 00:03:10.000] Should the state authorities intervene between the employee and his employer and set a minimum wage level ?
[00:03:10.000 --> 00:03:19.000] Or should it be left to some market game , the negotiation skills of an employee who can bargain a little more ?
[00:03:19.000 --> 00:03:26.000] The only system that interfer es with the economy is the communist ideology .
[00:03:26.000 --> 00:03:31.000] And as far as I know , it never ended well .
[00:03:31.000 --> 00:03:36.000] We currently have a massive attack of communist ide ologies in the Western world .
[00:03:36.000 --> 00:03:38.000] The effects are visible to the naked eye .
[00:03:38.000 --> 00:03:41.000] If we don 't stop it , it will end as always .
[00:03:41.000 --> 00:03:45.000] An economic collapse and most often mass and million - dollar deaths .
[00:03:45.000 --> 00:03:47.000] Because that 's exactly what history teaches us .
[00:03:47.000 --> 00:03:49.000] The example from Bangladesh goes on .
[00:03:49.000 --> 00:03:55.000] The negotiations of wages and the establishment of a new minimum wage level took place after a series of demonstrations .
[00:03:55.000 --> 00:03:57.000] And it 's such a hard start with the police .
[00:03:57.000 --> 00:04:02.000] A dozen people were injured , two people died in the cl ashes with the police .
[00:04:02.000 --> 00:04:09.000] Can you imagine that we will be with our employer to set our wages , running away to strikes , demonstrations and beating s ?
[00:04:09.000 --> 00:04:11.000] I think that these are inevitable . It 's just a matter of time .
[00:04:11.000 --> 00:04:14.000] The shoe from the bath is still wet until the ear is torn off .
[00:04:14.000 --> 00:04:17.000] The media does not show what is happening .
[00:04:17.000 --> 00:04:23.000] But such things , demonstrations , fights with the police , are happening in practically every country in the West .
[00:04:23.000 --> 00:04:25.000] The famous protest in Canada .
[00:04:25.000 --> 00:04:27.000] We are talking about at least hundreds of thousands of people here .
[00:04:27.000 --> 00:04:29.000] Some people were talking about million - dollar sins .
[00:04:29.000 --> 00:04:33.000] People who openly told the government " No , we 've had enough of it ".
[00:04:33.000 --> 00:04:36.000] Canada was syn onymous with wealth , luxury .
[00:04:36.000 --> 00:04:37.000] Yes , and peace .
[00:04:37.000 --> 00:04:38.000] Yes , of course .
[00:04:38.000 --> 00:04:39.000] Let 's take the Netherlands now .
[00:04:39.000 --> 00:04:40.000] What 's going on there ?
[00:04:40.000 --> 00:04:42.000] What are the farmers ' fights with the government ?
[00:04:42.000 --> 00:04:45.000] It 's not talked about in a common way .
[00:04:45.000 --> 00:04:46.000] It 's everywhere .
[00:04:46.000 --> 00:04:48.000] People are extremely diss atisfied .
[00:04:48.000 --> 00:04:51.000] The media , of course , masks it to the maximum .
[00:04:51.000 --> 00:04:56.000] But at some point , as with the Z ban , people get fed up .
[00:04:56.000 --> 00:04:59.000] In my opinion , in Poland , we are still holding on somehow .
[00:04:59.000 --> 00:05:03.000] The Pol es are extremely persistent , extremely helpful and extremely understanding .
[00:05:03.000 --> 00:05:11.000] But even the Pol es can say " en ough " and even put themselves in the greatest military force in the world ,
[00:05:11.000 --> 00:05:12.000] that is , the Warsaw P act .
[00:05:12.000 --> 00:05:15.000] Mr . Mar ius z , but there are some civil ized methods .
[00:05:15.000 --> 00:05:20.000] There are three - way commissions with the participation of entrepreneurs , trade unions and representatives of authorities ,
[00:05:20.000 --> 00:05:24.000] where such things are simply negotiated and established in a civil ized way .
[00:05:24.000 --> 00:05:28.000] Can you give me an example of such success anywhere in the world ?
[00:05:28.000 --> 00:05:29.000] Because I don 't know .
[00:05:29.000 --> 00:05:35.000] Well , in Poland it was established that the minimum wage will be 4 24 2 PL N from next year .
[00:05:35.000 --> 00:05:36.000] And it 's in such a commission .
[00:05:36.000 --> 00:05:38.000] And you think it 's a success , I understand , right ?
[00:05:38.000 --> 00:05:43.000] Well , from the point of view of an employee , it will increase by 500 PL N , so it 's probably some kind of success .
[00:05:43.000 --> 00:05:47.000] First of all , employees do not establish this in any way ,
[00:05:47.000 --> 00:05:51.000] only intermedi aries who live to make it bad .
[00:05:51.000 --> 00:05:54.000] Both sides live from the work of these employees .
[00:05:54.000 --> 00:05:56.000] They literally work for them .
[00:05:56.000 --> 00:05:59.000] What conditions will the dog 's life set in order ?
[00:05:59.000 --> 00:06:01.000] Such that it eats the best .
[00:06:01.000 --> 00:06:09.000] That 's the whole problem , that there is no such thing here that the workers really stand in their place .
[00:06:09.000 --> 00:06:11.000] I will give an example , maybe from abroad , such a very big one .
[00:06:11.000 --> 00:06:16.000] Jimmy Hoff a , who was the most important trade union activist in the United States .
[00:06:16.000 --> 00:06:19.000] Pract ically , he had more strength than the president of the United States , sir .
[00:06:19.000 --> 00:06:22.000] I once watched a movie about his uninter esting arrangements .
[00:06:22.000 --> 00:06:27.000] Let 's use our initiative again , which we have created together , aud y cje . com . pl .
[00:06:27.000 --> 00:06:32.000] I can just throw some material on this topic , so that you realize
[00:06:32.000 --> 00:06:39.000] what the arrangement between the government and trade unions or trade unions looks like in reality .
[00:06:39.000 --> 00:06:44.000] Because there it was exposed in an amazing , un quest ion able way .
[00:06:44.000 --> 00:06:49.000] Cho osing another president of trade unions will not change anything .
[00:06:49.000 --> 00:06:52.000] Because the system does not change , the system does not change .
[00:06:52.000 --> 00:06:57.000] Because both sides that negotiate on behalf of the workers live from the workers .
[00:06:57.000 --> 00:07:01.000] The mafia ruled the trade unions in the United States .
[00:07:01.000 --> 00:07:04.000] This is how the world works , ladies and gentlemen .
[00:07:04.000 --> 00:07:08.000] If someone is making fun of you that we have it differently , then make fun of it further .
[00:07:08.000 --> 00:07:12.000] All people have the same advantages , the same disadvantages .
[00:07:12.000 --> 00:07:16.000] Will we let these bad disadvantages flourish ?
[00:07:16.000 --> 00:07:21.000] Or maybe we will try to eliminate , as far as possible , these path ological systems ?
[00:07:21.000 --> 00:07:23.000] We will continue the topic after the break .
[00:00:00.000 --> 00:00:02.480] Mr . Mar ius z , what 's going on ?
[00:00:02.480 --> 00:00:04.480] What did you hear there ?
[00:00:04.480 --> 00:00:10.720] I remembered our conversation about the American civil protest against the Bad Light beer .
[00:00:10.720 --> 00:00:15.480] And I wonder if such a civil protest could happen in Poland ,
[00:00:15.480 --> 00:00:19.520] because we are dealing with a law that is coming into effect ,
[00:00:19.520 --> 00:00:22.280] which is causing a lot of controversy .
[00:00:22.280 --> 00:00:24.720] And I think we 're just at the beginning of this road .
[00:00:24.720 --> 00:00:27.680] Specifically , it 's about the renewal of mining law ,
[00:00:27.680 --> 00:00:31.680] especially the regulations on so - called strategic deposits .
[00:00:31.680 --> 00:00:35.200] And according to these regulations , if the main ge ologist of the country decides
[00:00:35.200 --> 00:00:39.480] that something in the ground , some minerals or other deposits ,
[00:00:39.480 --> 00:00:41.640] are strategic for the country ,
[00:00:41.640 --> 00:00:45.920] then the owner of this land will not be able to put anything on it .
[00:00:45.920 --> 00:00:48.000] And a fundamental question , Mr . Mar ius z ,
[00:00:48.000 --> 00:00:53.800] do we have to protect our natural resources deposits so much ?
[00:00:53.800 --> 00:00:58.640] It 's not that you can 't build on your own land .
[00:00:58.640 --> 00:01:04.720] The point is that there may even be instruments for taking this land from us
[00:01:04.720 --> 00:01:07.600] and passing it on to anyone .
[00:01:07.600 --> 00:01:12.440] Answer ing the question , I think that whatever you call it ,
[00:01:12.440 --> 00:01:15.720] " prot ection of deposits ", it doesn 't make any sense to me .
[00:01:15.720 --> 00:01:19.800] These are currently operating mechanisms
[00:01:19.800 --> 00:01:23.240] of practically perfect protection of all Polish deposits
[00:01:23.240 --> 00:01:25.240] through three levels .
[00:01:25.240 --> 00:01:29.200] Con cess ions and licenses necessary for mining ,
[00:01:29.200 --> 00:01:31.920] transportation , sales , processing of deposits .
[00:01:31.920 --> 00:01:35.880] Two . The level of costs , technology and knowledge that must be possessed
[00:01:35.880 --> 00:01:40.400] to be able to mine anything on any scalable scale .
[00:01:40.400 --> 00:01:43.720] And safety and environmental regulations
[00:01:43.720 --> 00:01:47.160] that prevent mining of any deposits
[00:01:47.160 --> 00:01:52.120] in places that are not properly prepared for it .
[00:01:52.120 --> 00:01:56.240] What if someone has a deposit of something under the house ?
[00:01:56.240 --> 00:01:58.240] Nickel , gold ?
[00:01:58.240 --> 00:02:02.400] What would happen if one of the Pol es had his own oil sh ale ?
[00:02:02.400 --> 00:02:04.040] Mr . Mar ius z , I see it differently .
[00:02:04.040 --> 00:02:06.160] It seems to me that the intention of the authorities is that
[00:02:06.160 --> 00:02:08.360] some proverb ial Polish , K ow als ki ,
[00:02:08.360 --> 00:02:12.840] who has a piece of land above the deposit of a valuable resource ,
[00:02:12.840 --> 00:02:14.840] did not block the construction of a mine ,
[00:02:14.840 --> 00:02:17.200] because , for example , he will not agree to sell this land .
[00:02:17.200 --> 00:02:20.840] But why would he sell it , if it 's his land
[00:02:20.840 --> 00:02:24.840] and according to any logic it should be his deposit ?
[00:02:24.840 --> 00:02:27.200] But if he has a plot of land that has a hect are ,
[00:02:27.200 --> 00:02:29.200] and the deposit takes hundreds of hect ares ,
[00:02:29.200 --> 00:02:32.200] and it is not worth it to create a large enterprise
[00:02:32.200 --> 00:02:33.560] and buy it in the neighborhood ,
[00:02:33.560 --> 00:02:36.040] it is more likely that someone will buy it ,
[00:02:36.040 --> 00:02:38.720] and he does not agree and blocks a large investment .
[00:02:38.720 --> 00:02:39.800] That 's exactly what it 's about .
[00:02:39.800 --> 00:02:41.800] So let 's say you have a hect are of land ,
[00:02:41.800 --> 00:02:43.320] you sow be ets on it ,
[00:02:43.320 --> 00:02:44.520] at this point someone comes and says ,
[00:02:44.520 --> 00:02:46.160] " Listen , I 'll give you a million z lot ys .
[00:02:46.280 --> 00:02:48.800] Let 's apply logic , let 's apply facts ,
[00:02:48.800 --> 00:02:51.160] let 's apply examples from life .
[00:02:51.160 --> 00:02:54.520] If someone has a huge wealth to choose from ,
[00:02:54.520 --> 00:02:57.840] will he choose a heavy pl ow on a piece of land ?
[00:02:57.840 --> 00:02:58.960] Well , let 's be honest ,
[00:02:58.960 --> 00:03:02.160] a hect are of land will not give you any great maintenance .
[00:03:02.160 --> 00:03:04.280] These are the laws of the economy , sir ,
[00:03:04.280 --> 00:03:06.400] that those should have resources
[00:03:06.400 --> 00:03:09.680] who have the best methods of using them .
[00:03:09.680 --> 00:03:12.480] And here we have the rule of communism .
[00:03:12.480 --> 00:03:15.760] The party always knows better what is good for the citizens ,
[00:03:15.760 --> 00:03:17.080] and this stupid citizen ,
[00:03:17.080 --> 00:03:19.000] let him be stupid and poor ,
[00:03:19.000 --> 00:03:20.800] will be dep orted .
[00:03:20.800 --> 00:03:23.440] And this is how his millionaire career ends .
[00:03:23.440 --> 00:03:25.960] What is better for Pol es is probably obvious .
[00:03:25.960 --> 00:03:27.040] What is better for Poland ?
[00:03:27.040 --> 00:03:28.560] Well , this matter
[00:03:28.560 --> 00:03:31.520] may be an example of a certain diversity of interests
[00:03:31.520 --> 00:03:34.160] between an individual person and the interest of the nation .
[00:03:34.160 --> 00:03:37.400] But I wanted to ask you earlier about something else , Mr . Mar ius z .
[00:03:37.400 --> 00:03:41.320] Dep ort ation regulations have existed for a long time
[00:03:41.320 --> 00:03:42.760] and have been applied .
[00:03:42.760 --> 00:03:44.480] There are even special laws
[00:03:44.480 --> 00:03:47.200] enabling the extraction of land for the construction of roads ,
[00:03:47.200 --> 00:03:49.400] for the construction of gas pipelines .
[00:03:49.400 --> 00:03:52.840] Why does this law ar ouse such great controversy ?
[00:03:52.840 --> 00:03:54.200] And it really does ,
[00:03:54.200 --> 00:03:58.760] because a social protest against this law is born on the Internet .
[00:03:58.760 --> 00:04:00.120] Let 's add not only on the Internet .
[00:04:00.120 --> 00:04:01.840] From what I know ,
[00:04:01.840 --> 00:04:04.560] at all stages of social consult ations
[00:04:04.560 --> 00:04:06.360] there was a negative ,
[00:04:06.360 --> 00:04:09.360] a clearly negative opinion of all the committees .
[00:04:09.360 --> 00:04:12.200] And yet , however , we see the procedure of this law ,
[00:04:12.200 --> 00:04:14.800] which is a very bad signal for me .
[00:04:14.800 --> 00:04:17.320] Because if we live in the so - called democracy ,
[00:04:17.320 --> 00:04:18.560] the government of the people ,
[00:04:18.560 --> 00:04:20.680] then if the people say clearly ,
[00:04:20.680 --> 00:04:22.080] " No , it 's a stupid idea ,
[00:04:22.080 --> 00:04:23.800] no , we don 't want this ,
[00:04:23.800 --> 00:04:25.080] we don 't like it at all ,
[00:04:25.080 --> 00:04:28.160] and the authorities are still proceeding ,"
[00:04:28.160 --> 00:04:30.520] then let 's argue with the idea of ?? dem ocracy .
[00:04:30.520 --> 00:04:32.280] What you have said so far ,
[00:04:32.280 --> 00:04:34.560] the ext raction laws are in force ,
[00:04:34.560 --> 00:04:37.400] but this is a very important difference ,
[00:04:37.400 --> 00:04:39.400] which has never been before .
[00:04:39.400 --> 00:04:41.680] The construction of a gas pipeline or roads
[00:04:41.680 --> 00:04:44.640] is a very special matter ,
[00:04:44.640 --> 00:04:45.840] rarely used ,
[00:04:45.840 --> 00:04:47.960] because how many gas pipelines will you build ?
[00:04:47.960 --> 00:04:50.760] These are not big , dense networks .
[00:04:50.760 --> 00:04:52.360] Moreover , it is easy to predict ,
[00:04:52.360 --> 00:04:54.440] these are long - term processes .
[00:04:54.440 --> 00:04:56.840] These are not things that would concern
[00:04:56.840 --> 00:04:58.840] most Pol es , let 's be honest .
[00:04:58.840 --> 00:05:02.280] Here we are talking about a scand alous ly small fracture .
[00:05:02.280 --> 00:05:04.960] But if we talk about deposits ,
[00:05:04.960 --> 00:05:08.680] Poland has some deposits in two - thirds .
[00:05:08.680 --> 00:05:09.440] Everywhere .
[00:05:09.440 --> 00:05:13.160] In short , we are talking about the entire Polish area .
[00:05:13.160 --> 00:05:15.240] We are not talking about some minimal ,
[00:05:15.240 --> 00:05:17.440] symbolic , not even percentage .
[00:05:17.440 --> 00:05:20.600] Here we are talking about something that may potentially concern
[00:05:20.600 --> 00:05:23.320] a crushing part of our country .
[00:05:23.320 --> 00:05:24.880] It can happen to me ,
[00:05:24.880 --> 00:05:25.760] my family ,
[00:05:25.760 --> 00:05:26.880] in my city ,
[00:05:26.880 --> 00:05:28.400] to my children .
[00:05:28.400 --> 00:05:30.240] This is a completely different scale of phenomena ,
[00:05:30.240 --> 00:05:33.400] really on a completely different level .
[00:05:33.400 --> 00:05:34.440] Let 's put a stop here ,
[00:05:34.440 --> 00:05:36.600] but we 'll come back to our discussion in a moment .
[00:00:00.000 --> 00:00:02.760] What 's up , Mr . Mar ius z ?
[00:00:02.760 --> 00:00:04.760] What did you hear there again ?
[00:00:04.760 --> 00:00:07.760] Quite recently you complained about Ukrainian citizens ,
[00:00:07.760 --> 00:00:11.760] who quickly get a right to retire in Poland .
[00:00:11.760 --> 00:00:15.000] Meanwhile , I recently saw an interview with the president of Z US .
[00:00:15.000 --> 00:00:19.000] She revealed that it was thanks to a million foreigners ,
[00:00:19.000 --> 00:00:23.000] of which probably 750 , 000 are Ukrain ians ,
[00:00:23.000 --> 00:00:27.000] foreigners who pay us for pens ions and health insurance .
[00:00:27.000 --> 00:00:31.000] The situation of the Social Security Fund is stable .
[00:00:31.000 --> 00:00:34.000] So in practice , no one from the pens ions has to worry
[00:00:34.000 --> 00:00:38.000] that they won 't get a pension for a while and that there will be some problems with the payment of pens ions .
[00:00:38.000 --> 00:00:44.000] So maybe the benefits of hiring Ukrain ians are greater than losses .
[00:00:44.000 --> 00:00:48.000] Anyway , I don 't even know how many pens ions we pay for Ukrain ians
[00:00:48.000 --> 00:00:51.000] and what the amounts are , because I haven 't found such data anywhere .
[00:00:51.000 --> 00:00:53.000] You probably won 't find them easily .
[00:00:53.000 --> 00:00:57.000] No one would have a hand if you could find them so easily .
[00:00:57.000 --> 00:01:02.000] Let 's say you have financial problems and can 't afford to pay .
[00:01:02.000 --> 00:01:04.000] What now ? What now ?
[00:01:04.000 --> 00:01:08.000] I 'll take a moment ary credit and suddenly everything goes as it should .
[00:01:08.000 --> 00:01:11.000] It 's cool , because nothing works , right ?
[00:01:11.000 --> 00:01:12.000] Well , not really , I guess .
[00:01:12.000 --> 00:01:14.000] Well , because then you have to pay that moment .
[00:01:14.000 --> 00:01:15.000] Bravo .
[00:01:15.000 --> 00:01:17.000] That 's the problem , that it 's not just one problem .
[00:01:17.000 --> 00:01:18.000] Number one .
[00:01:18.000 --> 00:01:23.000] Just let them search on TikTok , YouTube and they 'll see Ukrain ians
[00:01:23.000 --> 00:01:27.000] who teach other Ukrain ians how to pay pens ions from Poland .
[00:01:27.000 --> 00:01:30.000] And we 're not saying that they 're persu ading , " Oh , work until you 're 60 ."
[00:01:30.000 --> 00:01:34.000] No , no , no , no , no one says that and they don 't plan it at all .
[00:01:34.000 --> 00:01:40.000] Of course , if you check the average Polish pension , it 's not high .
[00:01:40.000 --> 00:01:45.000] But in Ukraine , such a pension is PL N 250 - 70 .
[00:01:45.000 --> 00:01:48.000] So no matter how much they get in the Polish pension system ,
[00:01:48.000 --> 00:01:52.000] for them it 's just an amazing luxury
[00:01:52.000 --> 00:01:55.000] that they 'll have to pay for the rest of their lives .
[00:01:55.000 --> 00:01:59.000] I quickly checked the economic status of Ukrain ians in Poland .
[00:01:59.000 --> 00:02:02.000] The Economic Co operation and Development Organization
[00:02:02.000 --> 00:02:07.000] calculated in its report that Poland has spent the most money
[00:02:07.000 --> 00:02:12.000] from all countries on covering the costs of supporting Ukrain ians ,
[00:02:12.000 --> 00:02:14.000] the so - called " p ension ers ."
[00:02:14.000 --> 00:02:19.000] Let 's be honest , we pay the same amount as all the countries together .
[00:02:19.000 --> 00:02:26.000] For 10 months of 2022 , we spent PL N 40 billion .
[00:02:26.000 --> 00:02:30.000] I think that Ukrain ians in taxes or Z US , etc .
[00:02:30.000 --> 00:02:33.000] paid any noticeable amount , similar to this .
[00:02:33.000 --> 00:02:34.000] I 'm going to r est ore you .
[00:02:34.000 --> 00:02:36.000] Not at all , it 's completely noticeable .
[00:02:36.000 --> 00:02:37.000] Their impact on our economy .
[00:02:37.000 --> 00:02:41.000] But the impact is very measurable , very noticeable .
[00:02:41.000 --> 00:02:44.000] So even this destroys any sense
[00:02:44.000 --> 00:02:46.000] that Ukrain ians are staying in Poland at all ,
[00:02:46.000 --> 00:02:48.000] in any amount , to be honest .
[00:02:48.000 --> 00:02:51.000] I read in this report that , I quote ,
[00:02:51.000 --> 00:02:53.000] " U k rain ian citizens staying in Poland
[00:02:53.000 --> 00:02:58.000] send an average of PL N 77 1 a month to their country ."
[00:02:58.000 --> 00:02:59.000] Per person , right ?
[00:02:59.000 --> 00:03:00.000] Yes .
[00:03:00.000 --> 00:03:03.000] This is eviden ced by studies conducted by the Mig ration Platform
[00:03:03.000 --> 00:03:05.000] and the University of Warsaw 's study .
[00:03:05.000 --> 00:03:10.000] More than half of Ukrain ians declare that they send money to Poland ,
[00:03:10.000 --> 00:03:12.000] and only 6 % receive it .
[00:03:12.000 --> 00:03:15.000] So we , sir , we finance 94 % of their lives ,
[00:03:15.000 --> 00:03:16.000] not only their lives ,
[00:03:16.000 --> 00:03:20.000] but we also finance their families , their businesses ,
[00:03:20.000 --> 00:03:22.000] their money in Ukraine .
[00:03:22.000 --> 00:03:25.000] When I saw the questionnaire of studies
[00:03:25.000 --> 00:03:28.000] conducted by the Mig ration Platform ,
[00:03:28.000 --> 00:03:33.000] Ukrainian citizens receive an average of PL N 96 1 a month
[00:03:33.000 --> 00:03:36.000] after all the expenses related to Poland .
[00:03:36.000 --> 00:03:39.000] The Border Guard , since February 2022 ,
[00:03:39.000 --> 00:03:44.000] has recorded 15 . 5 million en t ries to Poland from Ukraine .
[00:03:44.000 --> 00:03:46.000] 15 . 5 million entries !
[00:03:46.000 --> 00:03:49.000] Offic ially , I took from the government data ,
[00:03:49.000 --> 00:03:54.000] that 32 8 , 000 Ukrainian children use the 500 +.
[00:03:54.000 --> 00:03:56.000] You can guess that the number of mothers
[00:03:56.000 --> 00:03:58.000] must be significantly less than the number of children .
[00:03:58.000 --> 00:04:03.000] Let 's round it up , let it be a crazy half a million mothers with children .
[00:04:03.000 --> 00:04:07.000] 15 . 5 million ent e red , and half a million only mothers with children .
[00:04:07.000 --> 00:04:10.000] So who entered us ?
[00:04:10.000 --> 00:04:12.000] You said that maybe it is beneficial for us ,
[00:04:12.000 --> 00:04:13.000] and why for Z US ?
[00:04:13.000 --> 00:04:16.000] Well , let 's take a look at Z US .
[00:04:16.000 --> 00:04:18.000] Z US is bankrupt .
[00:04:18.000 --> 00:04:23.000] We have to pay about PL N 300 billion in the next years from the budget
[00:04:23.000 --> 00:04:25.000] to pay for the certificates .
[00:04:25.000 --> 00:04:29.000] So Z US is not able to finance itself from what it receives .
[00:04:29.000 --> 00:04:35.000] And we are talking about a gigantic disparity in what it needs and what affects it .
[00:04:35.000 --> 00:04:38.000] Do you remember the moment when there was such a big hole ,
[00:04:38.000 --> 00:04:41.000] that they took every Ukrainian , so that they worked for a while ,
[00:04:41.000 --> 00:04:44.000] there will be some payment , and they will make payments from it .
[00:04:44.000 --> 00:04:48.000] But despite this , we still have to pay from the budget .
[00:04:48.000 --> 00:04:50.000] Z US is bankrupt , it is evident .
[00:04:50.000 --> 00:04:52.000] Is Z US bankrupt ?
[00:04:52.000 --> 00:04:53.000] Obviously not .
[00:04:53.000 --> 00:04:55.000] Because according to the Constitution ,
[00:04:55.000 --> 00:04:58.000] not Z US , but the Polish government is responsible for the payments .
[00:04:58.000 --> 00:05:01.000] The whole Poland would have to officially announce bankruptcy ,
[00:05:01.000 --> 00:05:03.000] so that Z US could go bankrupt .
[00:05:03.000 --> 00:05:06.000] That 's why you can steal Z US as much as you want ,
[00:05:06.000 --> 00:05:11.000] because it will always be added as much as it is necessary for this system to work .
[00:05:11.000 --> 00:05:14.000] Of course , from the pockets of taxpayers , i . e . ours .
[00:05:14.000 --> 00:05:15.000] I will give you a word ,
[00:05:15.000 --> 00:05:18.000] but if we have a wave of em ig rants who work now ,
[00:05:18.000 --> 00:05:19.000] and there are several hundred thousand people ,
[00:05:19.000 --> 00:05:22.000] some of them may stay permanently in Poland .
[00:05:22.000 --> 00:05:26.000] They will not support this pension system in any significant way ,
[00:05:26.000 --> 00:05:27.000] staying here ?
[00:05:27.000 --> 00:05:31.000] If our pension system is inefficient in the current system ,
[00:05:31.000 --> 00:05:34.000] when a Pole works until the age of 60 ,
[00:05:34.000 --> 00:05:36.000] then if we add people to it ,
[00:05:36.000 --> 00:05:38.000] who will not work as much ,
[00:05:38.000 --> 00:05:40.000] so they will invest much less .
[00:05:40.000 --> 00:05:42.000] Money circul ates in the economy like blood ,
[00:05:42.000 --> 00:05:44.000] and nour ishes individual organs ,
[00:05:44.000 --> 00:05:46.000] individual industries , individual companies .
[00:05:46.000 --> 00:05:49.000] And suddenly , someone will let go of this blood ,
[00:05:49.000 --> 00:05:52.000] and this blood flows elsewhere , abroad .
[00:05:52.000 --> 00:05:53.000] The same is with markets ,
[00:05:53.000 --> 00:05:55.000] with Western companies that do not pay taxes here ,
[00:05:55.000 --> 00:05:57.000] and take profits for themselves .
[00:05:57.000 --> 00:05:59.000] They just cut our veins ,
[00:05:59.000 --> 00:06:01.000] and pump out Polish blood ,
[00:06:01.000 --> 00:06:03.000] Polish money , you see ?
[00:06:03.000 --> 00:06:04.000] Ukrain ians do exactly the same .
[00:06:04.000 --> 00:06:06.000] We are talking about millions of people who do this .
[00:06:06.000 --> 00:06:10.000] Z US itself is an inefficient organ at many levels .
[00:06:10.000 --> 00:06:13.000] I will give you a quote from portal um any . pl .
[00:06:13.000 --> 00:06:14.000] " The Supreme Court has rev oked two years of prison ,
[00:06:14.000 --> 00:06:16.000] penalties for Syl w ester R .
[00:06:16.000 --> 00:06:18.000] former president of the Social W elf are Institute
[00:06:18.000 --> 00:06:19.000] and T ade usz R .
[00:06:19.000 --> 00:06:21.000] former director of the Z US branch of the S z cze cin University .
[00:06:21.000 --> 00:06:22.000] Next title .
[00:06:22.000 --> 00:06:25.000] Mill ions of z lot ys spent on le vy of sick leave .
[00:06:25.000 --> 00:06:26.000] And so on and so forth .
[00:06:26.000 --> 00:06:29.000] Our money is not in good hands , sir .
[00:06:29.000 --> 00:06:31.000] The system is inefficient on its own ,
[00:06:31.000 --> 00:06:33.000] and people who work in the system
[00:06:33.000 --> 00:06:35.000] brutally use it ,
[00:06:35.000 --> 00:06:37.000] and they are deterior ating the whole system .
[00:06:37.000 --> 00:06:41.000] And Ukrain ians are doing even worse things .
[00:06:41.000 --> 00:06:42.000] A very large example ,
[00:06:42.000 --> 00:06:43.000] which the media does not write at all ,
[00:06:43.000 --> 00:06:44.000] which shocks me .
[00:06:44.000 --> 00:06:46.000] Ste aling the Polish V AT system by Ukrain ians .
[00:06:46.000 --> 00:06:48.000] Portal c b ag ov . pl
[00:06:48.000 --> 00:06:50.000] A citizen of Ukraine was to withdraw
[00:06:50.000 --> 00:06:51.000] V AT tax on the border .
[00:06:51.000 --> 00:06:53.000] The detention has to do with the withdrawal of V AT
[00:06:53.000 --> 00:06:55.000] returned on the borders as a tax - free
[00:06:55.000 --> 00:06:57.000] and a ca pture for the guards .
[00:06:57.000 --> 00:07:01.000] The documents were for a total amount of PL N 200 , 000 .
[00:07:01.000 --> 00:07:03.000] The charges were heard by 40 people ,
[00:07:03.000 --> 00:07:07.000] and the services are planning further arrests .
[00:07:07.000 --> 00:07:08.000] To sum up ,
[00:07:08.000 --> 00:07:11.000] we are talking about a great Ukrainian mafia
[00:07:11.000 --> 00:07:14.000] massively ext ort ing V AT taxes .
[00:07:14.000 --> 00:07:16.000] In short , money from our budget ,
[00:07:16.000 --> 00:07:18.000] from the state 's pocket .
[00:07:18.000 --> 00:07:20.000] And this is just the tip of the iceberg .
[00:07:20.000 --> 00:07:22.000] In the Republic of Poland , for example .
[00:07:22.000 --> 00:07:23.000] I quote .
[00:07:23.000 --> 00:07:25.000] " Com pan ies cooper ating with entities
[00:07:25.000 --> 00:07:26.000] supporting the victims of war
[00:07:26.000 --> 00:07:29.000] do not pay and will not pay V AT
[00:07:29.000 --> 00:07:31.000] for donated goods and services .
[00:07:31.000 --> 00:07:33.000] The condition for using a zero rate
[00:07:33.000 --> 00:07:35.000] is the content of a written contract
[00:07:35.000 --> 00:07:37.000] of an entrepreneur with one of the above - mentioned entities .
[00:07:37.000 --> 00:07:39.000] It should result from it that donated goods
[00:07:39.000 --> 00:07:42.000] or services are associated with the help of the injured .
[00:07:42.000 --> 00:07:43.000] What is interesting ,
[00:07:43.000 --> 00:07:46.000] there is no control system
[00:07:46.000 --> 00:07:47.000] in the Ukraine ,
[00:07:47.000 --> 00:07:48.000] what is happening with these goods .
[00:07:48.000 --> 00:07:50.000] How are we supposed to control them
[00:07:50.000 --> 00:07:51.000] in a foreign country ,
[00:07:51.000 --> 00:07:53.000] especially so corrupted ,
[00:07:53.000 --> 00:07:55.000] and during the war ?
[00:07:55.000 --> 00:07:56.000] So let 's guess
[00:07:56.000 --> 00:07:59.000] what is happening with Polish money .
[00:07:59.000 --> 00:08:01.000] Because we physically spend ,
[00:08:01.000 --> 00:08:03.000] we pay them V AT returns .
[00:08:03.000 --> 00:08:05.000] I myself saw in my own eyes
[00:08:05.000 --> 00:08:07.000] Ukrain ians who buy products in Poland ,
[00:08:07.000 --> 00:08:09.000] on the border they declare that they are exporting them ,
[00:08:09.000 --> 00:08:11.000] they get a return money ,
[00:08:11.000 --> 00:08:12.000] and in Poland they sell them
[00:08:12.000 --> 00:08:14.000] for example on OL IX , Alleg ro and so on .
[00:08:14.000 --> 00:08:15.000] I 'm not saying that all Ukrain ians
[00:08:15.000 --> 00:08:17.000] are stealing V AT from us ,
[00:08:17.000 --> 00:08:19.000] because not everyone is probably so crazy ,
[00:08:19.000 --> 00:08:22.000] but we say that each of them can do it .
[00:08:22.000 --> 00:08:24.000] Because there is no control over it ,
[00:08:24.000 --> 00:08:25.000] no one controls it ,
[00:08:25.000 --> 00:08:27.000] because who would ?
[00:08:27.000 --> 00:08:28.000] Let you try to do something like that .
[00:08:28.000 --> 00:08:29.000] You won 't do it , why ?
[00:08:29.000 --> 00:08:31.000] Because you don 't deserve it .
[00:08:31.000 --> 00:08:33.000] That 's the whole joke .
[00:08:33.000 --> 00:08:35.000] There is nothing I could imagine
[00:08:35.000 --> 00:08:36.000] economically ,
[00:08:36.000 --> 00:08:37.000] that could compensate us
[00:08:37.000 --> 00:08:39.000] for the gigantic losses we are incur ring ,
[00:08:39.000 --> 00:08:41.000] for which you and your children
[00:08:41.000 --> 00:08:42.000] will pay .
[00:08:42.000 --> 00:08:44.000] There is no other option .
[00:08:44.000 --> 00:08:45.000] To be even better ,
[00:08:45.000 --> 00:08:47.000] we are good , we help
[00:08:47.000 --> 00:08:49.000] the poor , oppressed , the attacked .
[00:08:49.000 --> 00:08:51.000] But unfortunately , it 's not like that .
[00:08:51.000 --> 00:08:53.000] I took data from the US Congress ,
[00:08:53.000 --> 00:08:55.000] where serious debates are taking place ,
[00:08:55.000 --> 00:08:57.000] because the Americans have already realized
[00:08:57.000 --> 00:08:59.000] that Ukrain ians are not able to calculate
[00:08:59.000 --> 00:09:01.000] hundreds of billions of dollars
[00:09:01.000 --> 00:09:03.000] that were sent there .
[00:09:03.000 --> 00:09:05.000] And they are able to calculate it
[00:09:05.000 --> 00:09:07.000] in an absurd ly scand alous way .
[00:09:07.000 --> 00:09:09.000] And the US secret services
[00:09:09.000 --> 00:09:11.000] started to reveal
[00:09:11.000 --> 00:09:13.000] corruption scand als
[00:09:13.000 --> 00:09:15.000] in the nearest environment of Zel ens ki .
[00:09:15.000 --> 00:09:17.000] Because they didn 't react to the notes
[00:09:17.000 --> 00:09:19.000] that were sent to them ,
[00:09:19.000 --> 00:09:21.000] that they should do something with the theft ,
[00:09:21.000 --> 00:09:23.000] with the catch ers , with the cro oks ,
[00:09:23.000 --> 00:09:25.000] because it 's on too large a scale .
[00:09:25.000 --> 00:09:27.000] The aid that goes , the goods ,
[00:09:27.000 --> 00:09:29.000] which I also say , zero watts ,
[00:09:29.000 --> 00:09:31.000] which come from Poland ,
[00:09:31.000 --> 00:09:33.000] you have no control over what will happen .
[00:09:33.000 --> 00:09:35.000] And we know for sure that it lands
[00:09:35.000 --> 00:09:37.000] on the black market ,
[00:09:37.000 --> 00:09:39.000] in the hands of the ma f ios os
[00:09:39.000 --> 00:09:41.000] who trade it .
[00:09:41.000 --> 00:09:43.000] In short .
[00:09:43.000 --> 00:09:45.000] Mr . Mar ius z , time for a break .
[00:09:45.000 --> 00:09:47.000] After the break , we 'll come back
[00:09:47.000 --> 00:09:49.000] to the topic of the pension system .
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the score , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's the score , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:16.000] The economist , the financi er , the president of the Foundation of More Wis dom ,
[00:00:16.000 --> 00:00:18.000] that is , Mar ius z Stef ani ak ,
[00:00:18.000 --> 00:00:20.000] a lot has happened today during our holiday break ,
[00:00:20.000 --> 00:00:23.000] after which we warm ly welcome our listeners .
[00:00:23.000 --> 00:00:24.000] Good morning .
[00:00:24.000 --> 00:00:26.000] Among other things , the decision was made that in mid - S ept ember ,
[00:00:26.000 --> 00:00:30.000] together with the elections , the Pol es will participate in the referendum .
[00:00:30.000 --> 00:00:35.000] And as many as two of the four refer end um questions concern em igration .
[00:00:35.000 --> 00:00:37.000] We have already touched on this topic in our hearing ,
[00:00:37.000 --> 00:00:41.000] but it shows that for the authorities , the topic of em igration is also important .
[00:00:41.000 --> 00:00:44.000] In the 19 th century , em ig rants built America ,
[00:00:44.000 --> 00:00:49.000] a country that is a model of development and success for many people .
[00:00:49.000 --> 00:00:53.000] Mr . Mar ius z , maybe there is no reason to be afraid of em igration ,
[00:00:53.000 --> 00:00:57.000] since em igration has such great potential .
[00:00:57.000 --> 00:00:59.000] I must admit that I missed our meetings ,
[00:00:59.000 --> 00:01:06.000] especially seeing how many important things were happening at that time in the world of Poland and the world economy .
[00:01:06.000 --> 00:01:10.000] Of course , em igration was built by all civilizations of the world , as far as I know .
[00:01:10.000 --> 00:01:15.000] So it is a definitely positive phenomenon .
[00:01:15.000 --> 00:01:20.000] However , we live in probably the strang est moment in the history of the world ,
[00:01:20.000 --> 00:01:25.000] because the known and the used words mean something completely different than they should .
[00:01:25.000 --> 00:01:30.000] If a foreign , culturally and lower in development nation
[00:01:30.000 --> 00:01:32.000] massively influences the diss ent of its inhabitants ,
[00:01:32.000 --> 00:01:36.000] it was called the invasion of barbar ians , not em igration .
[00:01:36.000 --> 00:01:38.000] And they fought it , not finan ced it .
[00:01:38.000 --> 00:01:40.000] We should be afraid of this ,
[00:01:40.000 --> 00:01:47.000] and the consequences , to be honest , can already be seen in economic statistics around the world .
[00:01:47.000 --> 00:01:52.000] But if someone is paid to come here , it means that the agreement you are talking about is there .
[00:01:52.000 --> 00:01:55.000] If there is no agreement , you do not give money for the arrival .
[00:01:55.000 --> 00:02:01.000] The fact that someone pays for it does not mean that it is in the interest of a given country or a given inhabit ant .
[00:02:01.000 --> 00:02:05.000] Mr . Mar ius z , you were talking about mass em igration , that it is dangerous .
[00:02:05.000 --> 00:02:10.000] We have examples of European countries , France , England , Germany ,
[00:02:10.000 --> 00:02:14.000] which accepted em igration in the 70 s and 60 s already on a mass scale .
[00:02:14.000 --> 00:02:18.000] In England and France , they were often residents of former colonies .
[00:02:18.000 --> 00:02:21.000] In Germany , for example , a large minority of Turks .
[00:02:21.000 --> 00:02:26.000] How did these countries come to such an open , wide door to their country ?
[00:02:26.000 --> 00:02:27.000] Good question .
[00:02:27.000 --> 00:02:31.000] The facts are that the economy of all the countries you mentioned
[00:02:31.000 --> 00:02:34.000] has been as low as ever since the end of the war .
[00:02:34.000 --> 00:02:38.000] It has never been so bad in England , France or Germany .
[00:02:39.000 --> 00:02:44.000] Why ? Mass natural ization of these inhabitants , for example from Africa .
[00:02:44.000 --> 00:02:48.000] And now even in Paris , you have a district where the police do not know .
[00:02:48.000 --> 00:02:52.000] What is happening there on the streets also does not associate with France and Paris ,
[00:02:52.000 --> 00:02:56.000] only with some dark streets , covered in Morocco .
[00:02:56.000 --> 00:02:59.000] White people , Europeans , are not able to do business there .
[00:02:59.000 --> 00:03:05.000] Because there is no such method to keep them se l ves when they are being harass ed , robbed , attacked every day .
[00:03:05.000 --> 00:03:09.000] You will not get a pizza there , you will not get a car , because they are afraid .
[00:03:09.000 --> 00:03:13.000] If they have to go there , they come in a conv oy of police officers .
[00:03:13.000 --> 00:03:18.000] These are the effects of accepting a large number of foreign cultures ,
[00:03:18.000 --> 00:03:23.000] lower in development , in education , in the nation . These are the facts .
[00:03:23.000 --> 00:03:25.000] This is certainly very burdens ome for society .
[00:03:25.000 --> 00:03:27.000] However , what impact does it have on the economy ?
[00:03:27.000 --> 00:03:34.000] The German economy , for example , in the 70 s , 80 s , 90 s , was a global potent ate .
[00:03:34.000 --> 00:03:38.000] Yes , it was the largest economic locom otive in Europe .
[00:03:38.000 --> 00:03:42.000] Anyway , it has been said so so far , of course , it is definitely not true for many , many years .
[00:03:42.000 --> 00:03:46.000] The nail in the coffin was not the em igration , as you say , in those years .
[00:03:46.000 --> 00:03:50.000] Because it did not harm them . I mean , it did , but very little .
[00:03:50.000 --> 00:03:54.000] The nail in the coffin was what was happening there around 2010 and later .
[00:03:54.000 --> 00:03:58.000] I do not know if you remember this gigantic wave of media nar rat ion
[00:03:58.000 --> 00:04:02.000] about the famous engineers and doctors of Syria , Africa and so on .
[00:04:02.000 --> 00:04:06.000] How they are blowing up the German economy , that they have valuable hands for work ,
[00:04:06.000 --> 00:04:11.000] they are super educated , they are running away from war , so they will work hard here .
[00:04:11.000 --> 00:04:13.000] And their millions .
[00:04:13.000 --> 00:04:18.000] Let 's take a newspaper from the previous season , where the Germans were begging ,
[00:04:18.000 --> 00:04:21.000] because it turned out that there was no one to collect as he s in Germany .
[00:04:21.000 --> 00:04:24.000] Where are they ? Where are those millions ?
[00:04:24.000 --> 00:04:28.000] The hand of work . And some even had two hands , those who came .
[00:04:28.000 --> 00:04:30.000] Only two left , sir .
[00:04:30.000 --> 00:04:32.000] But let 's think logically .
[00:04:32.000 --> 00:04:34.000] And you have two options .
[00:04:34.000 --> 00:04:38.000] You will get money every month for free .
[00:04:38.000 --> 00:04:42.000] And if you will give birth to children , which for some may be a pleasure ,
[00:04:42.000 --> 00:04:44.000] you will get more money .
[00:04:44.000 --> 00:04:48.000] Or you have to learn the language , culture , get up every morning .
[00:04:48.000 --> 00:04:54.000] And under the supervision of a raw German , it is very difficult and honest to work .
[00:04:54.000 --> 00:04:55.000] What do you choose ?
[00:04:55.000 --> 00:05:01.000] I belong to a group of people who would try to somehow take up the work of life and existence .
[00:05:01.000 --> 00:05:03.000] I would not run away from it .
[00:05:03.000 --> 00:05:07.000] You see ? That 's why if you go to Germany , to Great Britain , you will learn one thing .
[00:05:07.000 --> 00:05:11.000] Oh , Pol es , great employees , fantastic , let 's hire .
[00:05:11.000 --> 00:05:13.000] Because that 's what we are .
[00:05:13.000 --> 00:05:19.000] A normal , intelligent person can not not work .
[00:05:19.000 --> 00:05:23.000] That 's why even those super rich people , finding some hobby ,
[00:05:23.000 --> 00:05:25.000] so that he would not go crazy , sir .
[00:05:25.000 --> 00:05:29.000] But you have people who came from a completely different mental world ,
[00:05:29.000 --> 00:05:34.000] from different values , and the most important thing that the media do not say at all .
[00:05:34.000 --> 00:05:39.000] Those who come , desp ise the country where they live .
[00:05:39.000 --> 00:05:43.000] They do not respect the culture , they do not respect the tradition , they do not respect the nation .
[00:05:43.000 --> 00:05:45.000] That 's why they will destroy it .
[00:05:45.000 --> 00:05:47.000] That 's why they will not love us .
[00:05:47.000 --> 00:05:49.000] They teach us their culture , sir .
[00:05:49.000 --> 00:05:53.000] Ra ping our women , imposing their customs .
[00:05:53.000 --> 00:06:00.000] And it 's brutal , literally , without exagger ation , on the streets of big cities , European and American .
[00:06:00.000 --> 00:06:07.000] That 's why we distinguish , sir , two fundamental realities .
[00:06:07.000 --> 00:06:13.000] When someone goes to culture to assim ilate with it , he asp ires to this culture .
[00:06:13.000 --> 00:06:16.000] A classic example , classical times , Gre co - R oman .
[00:06:16.000 --> 00:06:23.000] They were the leader , and all the nations that came there , assim ilated because they wanted to be Roman citizens .
[00:06:23.000 --> 00:06:29.000] Now , let 's ask if Ukrain ians want to cultivate our traditions .
[00:06:29.000 --> 00:06:32.000] They do not care at all , they want to speak Ukrainian .
[00:06:32.000 --> 00:06:35.000] And now all of Poland has Ukrainian ins criptions everywhere .
[00:06:35.000 --> 00:06:38.000] What economic benefits is it going to bring us ?
[00:06:38.000 --> 00:06:42.000] When the Polish em igration went to Canada , America or Australia ,
[00:06:42.000 --> 00:06:44.000] were there any announcements in Polish ?
[00:06:44.000 --> 00:06:46.000] In them , really ?
[00:06:46.000 --> 00:06:50.000] Or when the Moroc c ans came to France , were there any ins criptions in Moroc can ?
[00:06:50.000 --> 00:06:52.000] Go to France , today , now .
[00:06:52.000 --> 00:06:54.000] And do you know what you will learn ?
[00:06:54.000 --> 00:06:56.000] You are in my country , speak my language .
[00:06:56.000 --> 00:06:58.000] And if not , it 's your problem .
[00:06:58.000 --> 00:07:00.000] The French have such an approach .
[00:07:00.000 --> 00:07:02.000] And they will say it brutally .
[00:07:02.000 --> 00:07:05.000] Mr . Mar ius z , let 's take a break and we 'll be back to the subject in a moment .
[00:07:06.000 --> 00:07:09.000] Poland
[00:07:09.000 --> 00:07:11.000] Poland
[00:07:11.000 --> 00:07:13.000] The Polish - U k rain ian border
[00:07:13.000 --> 00:07:15.000] Poland
[00:07:15.000 --> 00:07:17.000] Poland
[00:07:17.000 --> 00:07:19.000] Poland
[00:07:19.000 --> 00:07:21.000] Poland
[00:07:21.000 --> 00:07:23.000] Poland
[00:07:23.000 --> 00:07:25.000] Poland
[00:07:25.000 --> 00:07:27.000] Poland
[00:07:27.000 --> 00:07:29.000] Poland
[00:07:29.000 --> 00:07:31.000] Poland
[00:07:31.000 --> 00:07:33.000] Poland
[00:07:33.000 --> 00:07:35.000] Poland
[00:07:35.000 --> 00:07:37.000] Poland
[00:07:37.000 --> 00:07:39.000] What 's the deal , Mr . Mar ius z ?
[00:07:39.000 --> 00:07:41.000] Our guest is Mar ius z Stef ani ak ,
[00:07:41.000 --> 00:07:44.000] economist , financi er , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:07:44.000 --> 00:07:48.000] We are talking about em igration , or rather the difference between em igration and invasion .
[00:07:48.000 --> 00:07:52.000] We are coming back to our backyard , to the Polish affairs .
[00:07:52.000 --> 00:07:56.000] Polish authorities believe that em igration can be controlled .
[00:07:56.000 --> 00:08:00.000] That you can select ively issue permits for work and entry
[00:08:00.000 --> 00:08:03.000] only to those people who have been verified , are credible ,
[00:08:03.000 --> 00:08:08.000] have education , skills and fit into our work market .
[00:08:08.000 --> 00:08:14.000] However , for unwanted guests , Polish authorities have prepared a wall on the border with Belarus .
[00:08:14.000 --> 00:08:19.000] And now the refer end um question is going to the point that it is enough to make it impossible
[00:08:19.000 --> 00:08:24.000] for the European Union to impose any additional limits on Poland
[00:08:24.000 --> 00:08:27.000] migrants from European countries .
[00:08:27.000 --> 00:08:31.000] The fundamental question is whether it is possible to control em igration ,
[00:08:31.000 --> 00:08:34.000] whether it is possible to control the infl ux of refugees or em ig rants to the country .
[00:08:34.000 --> 00:08:38.000] Let 's start with the fact that beliefs should be the domain of the Church , not the government .
[00:08:38.000 --> 00:08:46.000] An economist should know , not believe what is cur r ently and what will be when he makes the next decision .
[00:08:46.000 --> 00:08:50.000] It is impossible to control the movement of larger masses of people .
[00:08:50.000 --> 00:08:54.000] The best example is the most powerful state in the world , the USA .
[00:08:54.000 --> 00:08:58.000] Offic ially , they have already admitted that they do not control it at all .
[00:08:58.000 --> 00:09:02.000] It came to the point that people started to protect the borders of the country on their own .
[00:09:02.000 --> 00:09:04.000] They created the so - called milit ia .
[00:09:04.000 --> 00:09:06.000] Anyway , it has been like that for centuries .
[00:09:06.000 --> 00:09:10.000] This is one of the most effective methods , that is , people simply defend themselves .
[00:09:10.000 --> 00:09:17.000] And only they have a really positive impact when it comes to securing the borders .
[00:09:17.000 --> 00:09:20.000] The American Great Wall for a billion dollars does not work .
[00:09:20.000 --> 00:09:23.000] The Polish wall on the border with Belarus does not work at all .
[00:09:23.000 --> 00:09:25.000] It does not make any sense at all .
[00:09:25.000 --> 00:09:28.000] This is definitely a bad direction of approach .
[00:09:28.000 --> 00:09:29.000] That 's all I can say .
[00:09:29.000 --> 00:09:33.000] Mr . Mar ys ia , let 's talk a moment about what the organization of such em igration looks like .
[00:09:33.000 --> 00:09:37.000] Because it is a huge industry , in fact , international , giving great profits .
[00:09:37.000 --> 00:09:46.000] It is well known that the transfer of an em ig rant from the Middle East to Europe costs such a person several thousand euros or several thousand dollars .
[00:09:46.000 --> 00:09:52.000] Regardless of whether he is driving , let 's say , cars , trucks through the European part or sailing through the Mediterranean .
[00:09:52.000 --> 00:09:54.000] Who to actually afford such an expense ?
[00:09:54.000 --> 00:09:59.000] We are talking about people living in countries where they earn minimal money .
[00:09:59.000 --> 00:10:09.000] The Italian mafia stopped dealing with practically all crimes , and it was dealing with the transfer of these poor refugees from Africa , Syria , etc .
[00:10:09.000 --> 00:10:10.000] They just took care of it .
[00:10:10.000 --> 00:10:11.000] Because they give the most money .
[00:10:11.000 --> 00:10:19.000] Well , like some poor man from Africa , where they earn 50 cents a day , to pay him 5 , 000 dollars .
[00:10:19.000 --> 00:10:21.000] It 's just absurd , impossible .
[00:10:21.000 --> 00:10:34.000] There are people , there are entities , there are whole organizations that finance the entire transfer net works , cooper ating with the ma f ias , sir .
[00:10:34.000 --> 00:10:38.000] And these are things documented , proven , as if it is beyond any discussion .
[00:10:38.000 --> 00:10:42.000] I even saw , I will tell you , fly ers that are distributed in these countries .
[00:10:42.000 --> 00:10:47.000] With the instruction , you will go to Europe and everything is written .
[00:10:47.000 --> 00:10:55.000] What will be , what you have to do , what you have to say , and then suddenly it turns out that in Sweden , the beard ed Arab is an under age Syrian immigrant .
[00:10:55.000 --> 00:11:00.000] So he says , " And I have five more things , four wives , etc ." and suddenly brings in 30 people .
[00:11:00.000 --> 00:11:04.000] He was the only illegal under age immigrant .
[00:11:04.000 --> 00:11:07.000] Women and children , sir , who always come .
[00:11:07.000 --> 00:11:10.000] Women and children always come , sir .
[00:11:10.000 --> 00:11:13.000] Like those Ukrain ians who drove in women and children .
[00:11:13.000 --> 00:11:17.000] And those great Ukrainian bull s that walk on Polish streets , I don 't know where they come from .
[00:11:17.000 --> 00:11:19.000] It 's like that everywhere , sir .
[00:11:19.000 --> 00:11:22.000] Because we will help women and children . And it 's so noble .
[00:11:22.000 --> 00:11:25.000] But why can 't we help these women and children on the spot ?
[00:11:25.000 --> 00:11:31.000] In Ukraine , Syria , Africa , in their country , in their language , in their culture .
[00:11:31.000 --> 00:11:35.000] Why do they have to travel half the world to get here ?
[00:11:35.000 --> 00:11:37.000] What 's the point ?
[00:11:37.000 --> 00:11:41.000] The mafia is making money on it , or we finance the mafia , sir .
[00:11:41.000 --> 00:11:44.000] How much is the deal in Poland , let 's take any newspaper .
[00:11:44.000 --> 00:11:48.000] They intercept ed another transport with different nations .
[00:11:48.000 --> 00:11:51.000] Ill eg ally sm ugg led through Polish borders .
[00:11:51.000 --> 00:11:56.000] We 're talking about billions of dollars pumped into the criminal world .
[00:11:56.000 --> 00:12:02.000] Because they 're not some nice , honest people , when a neighbor will transport someone by boat to save him , because he would die somewhere in his country .
[00:12:02.000 --> 00:12:04.000] It doesn 't happen , sir .
[00:12:04.000 --> 00:12:16.000] Mr . Mar ius z , but in Poland , when it comes to stopping a bus with illegal immigrants , the driver goes to prison , and the illegal immigrants are sent to the country from which they came , most often to Slo vak ia .
[00:12:16.000 --> 00:12:19.000] We punish those responsible for organizing this .
[00:12:19.000 --> 00:12:21.000] Why do you say we finance this activity ?
[00:12:21.000 --> 00:12:23.000] What punishment ? What are you talking about ?
[00:12:23.000 --> 00:12:26.000] How much did someone get ? What sentence ?
[00:12:26.000 --> 00:12:30.000] Do you sit in prison ? Because they usually don 't sit in prison , sir .
[00:12:30.000 --> 00:12:35.000] Because it 's not such a huge crime to get 10 years in prison .
[00:12:35.000 --> 00:12:43.000] So they get a sentence in prison , and we 're talking about money , we 're talking about millions , millions , millions that these people earn .
[00:12:43.000 --> 00:12:48.000] For them , that one guy will go to prison for a few months , it 's just a joke .
[00:12:48.000 --> 00:12:51.000] Especially , look at the effectiveness of catching these people .
[00:12:51.000 --> 00:12:53.000] Because they go to big c atch es , sir .
[00:12:53.000 --> 00:13:01.000] For the border guards , for the police , like , you can name any criminal group operating in Poland that didn 't have any police services .
[00:13:01.000 --> 00:13:07.000] These people earn huge millions , and the police man earns a few thousand z lot ys , then suddenly everything becomes obvious .
[00:13:07.000 --> 00:13:10.000] We have to pay for it , sir .
[00:13:10.000 --> 00:13:14.000] Who pays for these subsidies ? Who even pays for the prison where this guy will go ?
[00:13:14.000 --> 00:13:15.000] You keep him .
[00:13:15.000 --> 00:13:23.000] If this immigrant finally lands here on subsidies , or you get robbed , or even something gets caught , you 'll pay for it anyway .
[00:13:23.000 --> 00:13:26.000] In any case , you are a p ayer here .
[00:13:26.000 --> 00:13:29.000] Mr . Mar ys ia , please , a moment of break , we 'll be back in a moment .
[00:13:29.000 --> 00:13:32.000] [ The end ]
[00:13:33.000 --> 00:13:37.000] [ S ubscribe ]
[00:13:37.000 --> 00:13:40.000] [ More at www . y iqu an - ac ad emy . eu ]
[00:13:40.000 --> 00:14:04.000] What 's the deal , Mr . Mar ys ia ?
[00:14:04.000 --> 00:14:10.000] The financial analyst , the president of the Foundation for More Wis dom , Mar ius z S te f ani ak , is talking about em igration today .
[00:14:10.000 --> 00:14:14.000] Among other things , about em igration that Poland is dealing with .
[00:14:14.000 --> 00:14:22.000] In the first days of the war in Ukraine , which began in February last year , Poland opened the border in an uncont rolled way
[00:14:22.000 --> 00:14:26.000] and allowed all the refugees to enter , everyone who wanted to enter Poland .
[00:14:26.000 --> 00:14:33.000] These people were treated as refugees from under the bombs , who needed help due to human it arian , Christian reasons .
[00:14:33.000 --> 00:14:37.000] 18 months have passed , Ukraine has officially under gone a counter attack .
[00:14:37.000 --> 00:14:45.000] Meanwhile , about 25 , 000 people from Ukraine still come and go to Poland every day .
[00:14:45.000 --> 00:14:51.000] Are we dealing with refugees or are we already dealing with economic em ig rants ?
[00:14:51.000 --> 00:14:57.000] First of all , I always approach all the data provided by the officials with great imp ud ence .
[00:14:57.000 --> 00:15:12.000] Let me explain to them how technically it is possible for an official to be able to state that of the 15 million that have flo wn to Poland , 13 have returned to their country .
[00:15:12.000 --> 00:15:17.000] Because I know data from other countries , even from Germany , a larger number of them remained .
[00:15:17.000 --> 00:15:24.000] Moreover , those who entered the European Union through the Polish border can simply move around freely .
[00:15:24.000 --> 00:15:27.000] They have traveled to all the countries .
[00:15:27.000 --> 00:15:32.000] There is no control over whether the one who went to Spain or Germany is not in Poland now .
[00:15:32.000 --> 00:15:40.000] We only know that there are about a million to a million and a half of those who are identified , have P ES EL s and so on .
[00:15:40.000 --> 00:15:42.000] But we don 't know where they are .
[00:15:42.000 --> 00:15:45.000] We have no control over it .
[00:15:45.000 --> 00:15:52.000] We don 't even have a clue about the scale of the phenomenon , because we are talking about millions here , who are moving from one country to another .
[00:15:52.000 --> 00:15:55.000] Moreover , Ukraine is one of the most corrupt countries in the world .
[00:15:55.000 --> 00:16:10.000] The best example , recently President Zel ens ki recalled all 33 heads of the election commissions in Ukraine due to scand alous , even according to Ukrainian standards of corruption , it really says a lot .
[00:16:10.000 --> 00:16:28.000] It turned out that practically only the disabled and the disabled were taken to the army , because the one who had the minimum of reason , money and regulations was released from the army and was granted permission to leave for Poland , for example , to the European Union .
[00:16:28.000 --> 00:16:31.000] According to official regulations , he had no right to leave at all .
[00:16:31.000 --> 00:16:41.000] And when you saw on the borders the masses of hundreds of thousands of young Ukrain ians , why did our border guard let them in at all ? This is a mess for me .
[00:16:41.000 --> 00:16:47.000] Since there is a decree of the President of Ukraine on poverty , we accept and support the des er ters .
[00:16:47.000 --> 00:16:49.000] There is no other word for it . These are des er ters .
[00:16:49.000 --> 00:16:56.000] And to this , criminals , because by breaking the law , the catch , that is , crimes , got to Poland .
[00:16:56.000 --> 00:17:07.000] Not only that , let 's take into account that there is something like trade in documents in Ukraine , trade in residence cards , mass sm uggling of documents .
[00:17:07.000 --> 00:17:13.000] So the same Ukrainian could leave Poland 15 times under a different name .
[00:17:13.000 --> 00:17:16.000] We are talking about criminal groups that do it .
[00:17:16.000 --> 00:17:31.000] Let us remind you for fun that these millions of Ukrain ians entered during lockdown s , where Pol es had a duty to wear masks , a minimum distance of 1 . 5 meters , p lex ig lass in each cash register , etc .
[00:17:31.000 --> 00:17:36.000] You could not meet your family for Christmas if there were more than 5 people .
[00:17:36.000 --> 00:17:43.000] You could not go to the graves because there was a ban on entering the c em eter ies for all holidays .
[00:17:43.000 --> 00:17:49.000] And at this exact time , several million Ukrain ians enter .
[00:17:49.000 --> 00:17:53.000] Without vaccines , without masks , without distances .
[00:17:53.000 --> 00:17:58.000] I have not heard any scientific explanation of how we all did not die .
[00:17:58.000 --> 00:18:08.000] Therefore , if you look at the facts , sir , and on the one hand at the government 's narration , the government 's narration , on the other hand , it starts to spread in a scand alous way .
[00:18:08.000 --> 00:18:19.000] I am also not able to verify this , but in my life experience I have met Ukrain ians working in Polish shops , speaking Polish , learning for me .
[00:18:19.000 --> 00:18:23.000] This is an example of positive em igration that wants to integrate .
[00:18:23.000 --> 00:18:29.000] You learn the language of those people you also mentioned , who are an added value , that they are a positive part .
[00:18:29.000 --> 00:18:38.000] This shows that this em igration , this invasion , also takes place on the part of Ukraine . Why should we be afraid of this excessive infl ux of Ukrain ians ?
[00:18:38.000 --> 00:18:43.000] Do you think that Ukraine is a better employee than Poland ?
[00:18:43.000 --> 00:18:47.000] I would make a decision knowing the person and her qualifications and compet encies .
[00:18:47.000 --> 00:18:50.000] Due to national ity , I would not make such a decision .
[00:18:50.000 --> 00:18:58.000] Ok , I will give you a simple fact . According to the available estimates , about 21 million Pol es live abroad .
[00:18:58.000 --> 00:19:02.000] We are one of the largest encl aves in the world .
[00:19:02.000 --> 00:19:08.000] Wherever you go and ask about a Pole , they will say , " Yes , Pol es , employees , competent , trustworthy ."
[00:19:08.000 --> 00:19:12.000] Why do 20 million Pol es live abroad ?
[00:19:12.000 --> 00:19:27.000] The alternative , I understand , of governments is to exp el Pol es from abroad , so that they can be there , in the i r homeland , work , so that they can enrich their economy , their culture , their traditions in other countries .
[00:19:27.000 --> 00:19:29.000] Because Pol es bring all of this with them .
[00:19:29.000 --> 00:19:32.000] We have a very rich culture , a very rich tradition .
[00:19:32.000 --> 00:19:34.000] We are very hard working and intelligent .
[00:19:34.000 --> 00:19:36.000] We are very helpful as a nation .
[00:19:36.000 --> 00:19:42.000] We have expelled tens of millions of Pol es from the country , and instead we have an alternative , let 's bring Ukrain ians .
[00:19:42.000 --> 00:19:49.000] Ok , so please tell me what cultural values ?? U k rain ians will bring us instead of Polish cultural values .
[00:19:49.000 --> 00:19:52.000] What better will they bring us ?
[00:19:52.000 --> 00:19:56.000] And someone tells me that this is good for the economy ?
[00:19:56.000 --> 00:20:00.000] We get rid of the best employees in the world , i . e . Pol es .
[00:20:00.000 --> 00:20:03.000] And we bring ourselves worse substit utes .
[00:20:03.000 --> 00:20:09.000] We bring our sub ordin ates , who are cheated , they will come to us and live on the streets , or they will be doing g angs .
[00:20:09.000 --> 00:20:13.000] Check the police statistics , Ukrain ians dominate them .
[00:20:13.000 --> 00:20:24.000] This is how it ends , sir , if something is replaced , which is culturally compatible with values , and as I say , at the highest level when it comes to work ability .
[00:20:24.000 --> 00:20:31.000] Ukrain ians will not assim ilate with Poland , because they do not respect Polish culture , they do not admire Polish culture .
[00:20:31.000 --> 00:20:33.000] They even destroy Polish culture .
[00:20:33.000 --> 00:20:39.000] Let him check how the Polish enc lave was and is treated in Ukraine .
[00:20:39.000 --> 00:20:43.000] Nobody is interested in Polish culture in Ukraine except Pol es .
[00:20:43.000 --> 00:20:48.000] And even government - to - govern ment they were persecuted , destroyed .
[00:20:48.000 --> 00:20:55.000] They want to speak Ukrainian , they want to have their portraits of B ander as , who for them is a national hero , sir .
[00:20:55.000 --> 00:21:02.000] Anyway , recently our ministry asked to apologize for the sl ander , the answer was simple - we do not intend to .
[00:21:02.000 --> 00:21:08.000] In L viv , in 2002 , it was announced " Rock Band era ".
[00:21:08.000 --> 00:21:22.000] Mr . Mar ius z , our time is running out , although the discussion is very interesting . I think that we will do a separate hearing on the subject of how to get the Pol es who left our country back .
[00:21:22.000 --> 00:21:29.000] Thank you very much for the interview , Mar ius z Stef ani ak , economist , financi er . The program was led by Kr z ysz to f Stra uch man . See you .
[00:21:29.000 --> 00:21:35.000] [ music ]
[00:21:35.000 --> 00:21:40.000] Other radio stations in G ? uch o ? az y and the area 105 . 2 .
[00:21:40.000 --> 00:21:44.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:09.500] What 's up , Mr . Mar ius z ?
[00:00:09.500 --> 00:00:11.500] What did you hear there ?
[00:00:11.500 --> 00:00:18.500] What 's up , Mr . Mar ius z ? Our guest is Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:18.500 --> 00:00:22.000] We 're talking about apartments in Japan , but not only in Japan .
[00:00:22.000 --> 00:00:32.000] I was wandering around the Internet and found a blog of a Pole who lives in Japan and who talks about the living conditions of a country that is a world economic power .
[00:00:32.000 --> 00:00:36.000] Most Japanese people don 't have their own home .
[00:00:36.000 --> 00:00:40.000] They rent apartments all their lives because they just can 't afford to buy one .
[00:00:40.000 --> 00:00:49.000] For a 20 - meter - high tile , you had to pay a balance of about PL N 2 , 000 in rent in Tokyo two years ago .
[00:00:49.000 --> 00:00:57.000] A two - t imes - lar ger apartment , 40 meters is the norm for a family , is two times or more expensive .
[00:00:57.000 --> 00:01:03.000] Only people with a stable job and good income can afford such a rent .
[00:01:03.000 --> 00:01:08.500] Meanwhile , in Poland , two - thirds of the population lives in their own home or apartment .
[00:01:08.500 --> 00:01:14.000] Does this mean , Mr . Mar ius z , that the Japanese should envy us and build a second Poland ?
[00:01:14.000 --> 00:01:19.000] Of course not . I 'd rather say that most of them wouldn 't fit in here .
[00:01:19.000 --> 00:01:27.000] Because , as far as I know , at least 60 % of Japanese people have their own apartments .
[00:01:27.000 --> 00:01:36.000] But we 're right that the number of apartments that Pol es have is absolutely true .
[00:01:36.000 --> 00:01:41.000] But economically , let 's face it , it 's a completely different world .
[00:01:41.000 --> 00:01:46.000] Japan was and still is one of the most powerful economies in the world .
[00:01:46.000 --> 00:01:53.000] As for the cost of living in Japan , it 's not as if you could think that apartments are more expensive , it 's not .
[00:01:53.000 --> 00:02:03.000] There 's a big dich ot omy in Japan , a sound gap between Tokyo and the dozen s of largest cities in Japan .
[00:02:03.000 --> 00:02:10.000] In fact , owning a new apartment in Tokyo is a task for a billionaire .
[00:02:10.000 --> 00:02:14.000] A millionaire is not able to get such apartments , it 's practically beyond his reach .
[00:02:14.000 --> 00:02:16.000] This is absurd , really .
[00:02:16.000 --> 00:02:22.000] But in the majority of Japan , apartments are very cheap .
[00:02:22.000 --> 00:02:27.000] Not only that , you can have an apartment for free .
[00:02:27.000 --> 00:02:30.000] In the province , I understand , right ? You 're talking about the province .
[00:02:30.000 --> 00:02:36.000] Yes , it 's like in Sic ily and many other places , you can have a whole house for 1 euro .
[00:02:36.000 --> 00:02:41.000] Why is that ? There are a few elements , but I 'll show you the main ones , the most important ones .
[00:02:41.000 --> 00:02:49.000] One is , of course , the effect of a gigantic demographic gap and , at the same time , a gigantic migration .
[00:02:49.000 --> 00:02:53.000] Young people are fleeing to Tokyo at any cost , for example .
[00:02:53.000 --> 00:03:03.000] And the rest of Japan is totally dep op ulated in such an absurd way that you have , for example , in large provinces ,
[00:03:03.000 --> 00:03:10.000] a whole school ag gl omer ate , where 20 children go to a gigantic building .
[00:03:10.000 --> 00:03:12.000] The whole school has that much .
[00:03:12.000 --> 00:03:14.000] There are only a few older people there .
[00:03:14.000 --> 00:03:16.000] That 's all .
[00:03:16.000 --> 00:03:22.000] Really , in the Japanese province , you would be surprised how it works .
[00:03:22.000 --> 00:03:28.000] In a large part , it is very traditional , much more so than even a traditional Polish village .
[00:03:28.000 --> 00:03:30.000] This is a very interesting topic .
[00:03:30.000 --> 00:03:36.000] Except for Tokyo , except for a few places , a few nights at most , it is not like that at all .
[00:03:36.000 --> 00:03:38.000] It is not expensive , it is not crowded .
[00:03:38.000 --> 00:03:43.000] Even in such a Tokyo , you will rent a flat easier than in Warsaw .
[00:03:43.000 --> 00:03:46.000] Because the market works very well when it comes to rent .
[00:03:46.000 --> 00:03:49.000] Bu ying , as I said , is practically impossible .
[00:03:49.000 --> 00:03:53.000] But the flat ? Yes , it is quite real .
[00:03:53.000 --> 00:03:56.000] People rent and they handle themselves quite well .
[00:03:56.000 --> 00:04:02.000] Mr . Mar us z , but from the perspective of a simple man , what about people who se country is a economic power ,
[00:04:02.000 --> 00:04:08.000] since they cannot afford a flat or live in very modest , bar ren conditions ?
[00:04:08.000 --> 00:04:10.000] Japanese apartments are like a cage .
[00:04:10.000 --> 00:04:13.000] You can 't even walk on the floor in your shoes .
[00:04:13.000 --> 00:04:17.000] Compared to that , we live comfortably , modern ly .
[00:04:17.000 --> 00:04:22.000] So maybe , however , a country that is inv olved in housing policy in Poland ,
[00:04:22.000 --> 00:04:27.000] and in fact , it has always been involved , in this case , has some positive effect .
[00:04:27.000 --> 00:04:33.000] You know what ? First of all , walking without shoes is part of their heritage and lifestyle , not a necessity .
[00:04:33.000 --> 00:04:36.000] Equ ip ment in a Japanese house is much better than in Poland .
[00:04:36.000 --> 00:04:37.000] More modern .
[00:04:37.000 --> 00:04:42.000] If you entered a Japanese toilet , you would not know what to do , first of all .
[00:04:42.000 --> 00:04:48.000] And even the richest Pol es would have a problem and would be shocked at how high - level ,
[00:04:48.000 --> 00:04:54.000] that there is an ordinary Japanese man who gets a salary from the company and is not important to anyone ,
[00:04:54.000 --> 00:04:57.000] he is an ordinary , average office worker .
[00:04:57.000 --> 00:04:58.000] This is how it looks .
[00:04:58.000 --> 00:05:03.000] They just have a different culture and spread the money differently .
[00:05:03.000 --> 00:05:08.000] To make it clear , for balance , I will say that for Pol es , for Europeans ,
[00:05:08.000 --> 00:05:11.000] the quality of Japanese buildings is some kind of joke .
[00:05:11.000 --> 00:05:17.000] Because the walls are so thin that you will hear every neighbor , not just your neighbor ,
[00:05:17.000 --> 00:05:22.000] but the neighbor 's neighbor , with such details that you would not want to hear it .
[00:05:22.000 --> 00:05:28.000] However , this is due to the seism ological curse of Japan and many other factors .
[00:05:28.000 --> 00:05:34.000] Exactly , Mr . Mar ius z , let 's finish with Japan , let 's go to Poland , to our yard , but I suggest we do it after the break .
[00:05:34.000 --> 00:05:40.000] P OL IN Museum of the History of Polish Jews
[00:05:40.000 --> 00:05:44.000] Polish - J ap an ese War
[00:05:44.000 --> 00:05:48.000] Polish - Japanese War
[00:05:48.000 --> 00:05:52.000] Polish - Japanese War
[00:05:52.000 --> 00:05:56.000] Polish - Japanese War
[00:05:56.000 --> 00:06:00.000] Polish - Japanese War
[00:06:00.000 --> 00:06:04.000] Polish - Japanese War
[00:06:04.000 --> 00:06:07.000] Polish - Japanese War
[00:06:07.000 --> 00:06:12.000] What is the score , Mr . Mar ius z ? Our guest is Mar ius z Stef ani ak , economist , financi er ,
[00:06:12.000 --> 00:06:17.000] president of the " W i ? cej M ?d ro ?ci " Foundation . We are talking about apartments in Japan , but not only in Japan .
[00:06:17.000 --> 00:06:23.000] Before we move on to the topic of supporting housing by the state , I would like to ask about one more thing .
[00:06:23.000 --> 00:06:26.000] In Poland , apartments have become very expensive , we have talked about this .
[00:06:26.000 --> 00:06:31.000] In addition , in the last two years , many more apartments have been given than in the previous period .
[00:06:31.000 --> 00:06:36.000] Meanwhile , Pol es still want new apartments and are ready to pay for them .
[00:06:36.000 --> 00:06:40.000] They accept rising prices that set new records on the market .
[00:06:40.000 --> 00:06:43.000] Is there a price barrier for the price of an apartment in Poland ?
[00:06:43.000 --> 00:06:47.000] Are Pol es ready to pay any money for their own M ?
[00:06:47.000 --> 00:06:51.000] As an engineer , I know that any number can literally increase infinitely .
[00:06:51.000 --> 00:06:57.000] The proof that there is no upper limit is the so - called hyper infl ation .
[00:06:57.000 --> 00:07:01.000] P rices can rise absurd ly without any control .
[00:07:01.000 --> 00:07:05.000] Ask your doctor , he will answer you quickly .
[00:07:05.000 --> 00:07:12.000] That sudden , uncont rolled , unlimited growth is called a " new creature ".
[00:07:12.000 --> 00:07:17.000] So it is a phenomenon of a very severely ill housing market in Poland .
[00:07:17.000 --> 00:07:20.000] And because of this , of course , the sick Polish economy .
[00:07:20.000 --> 00:07:26.000] You were talking about a perfectly developed rental market in Tokyo , in big cities .
[00:07:26.000 --> 00:07:29.000] Rent ing an apartment there is not a special problem .
[00:07:29.000 --> 00:07:32.000] A large part of the population in Poland also rent s apartments .
[00:07:32.000 --> 00:07:40.000] However , it is not as easy , as common and as popular as in Japan and probably as in many other developed Western countries .
[00:07:40.000 --> 00:07:46.000] Can renting an apartment in Poland be just as popular in a few years , in some time perspective ?
[00:07:46.000 --> 00:07:52.000] And can it develop to the extent that car rental s in rental shops and airports have developed ?
[00:07:52.000 --> 00:07:56.000] What is the price barrier of an apartment ?
[00:07:56.000 --> 00:08:01.000] Currently , for an apartment in a large city , you have to pay even half of your income or more .
[00:08:01.000 --> 00:08:04.000] Is this a barrier to the development of the rental market ?
[00:08:04.000 --> 00:08:08.000] I think we already have this phenomenon .
[00:08:08.000 --> 00:08:16.000] Rent ing apartments is as common as renting cars , for example , on vacation or as you say , at airports .
[00:08:16.000 --> 00:08:24.000] In addition , I would divide two phenomena of permanent accommodation with temporary accommodation ,
[00:08:24.000 --> 00:08:26.000] for example , related to science or work .
[00:08:26.000 --> 00:08:29.000] Because in Poland there was a new phenomenon that never existed .
[00:08:29.000 --> 00:08:33.000] People live somewhere else , and live somewhere else .
[00:08:33.000 --> 00:08:40.000] A lot of people work , for example , in Warsaw , but in fact they live , have families , houses , at least in such a residential area .
[00:08:40.000 --> 00:08:50.000] Likewise , many still around , in the radius of , let 's say , 150 kilometers , I 'm shooting , from such gigantic ag gl omer ations like W roc ? aw , K rak ów , Po zna ? .
[00:08:50.000 --> 00:08:55.000] That people live permanently in another city , have houses , families there .
[00:08:55.000 --> 00:09:02.000] And then people rent apartments there , of course , not for a day or a week , so they rent it for a month .
[00:09:02.000 --> 00:09:10.000] From Monday to Friday they live , for example , in Warsaw , and then on the weekend they go down to their real home .
[00:09:10.000 --> 00:09:14.000] Some , of course , move permanently , move families and so on , of course .
[00:09:14.000 --> 00:09:23.000] But I still think that the majority is the group that arrives or lives there temporarily .
[00:09:23.000 --> 00:09:25.000] A classic example is , of course , the studio .
[00:09:25.000 --> 00:09:30.000] Poland is a very unusual country and I think it 's a bad phenomenon , personally .
[00:09:30.000 --> 00:09:36.000] From what I remember , I think 85 % of young people study or graduate from the studio .
[00:09:36.000 --> 00:09:42.000] This is a total absurd for me , because of course we are aware that most of these studios are some kind of a joke , not a studio .
[00:09:42.000 --> 00:09:49.000] Our economy , the economy pays for it , for these useless titles , pieces of paper that are useless .
[00:09:49.000 --> 00:09:53.000] That 's why , you see , there are many factors that make it the way it is .
[00:09:53.000 --> 00:10:01.000] And I would not be happy at all that people rent so widely if it were not for the reasons I just mentioned .
[00:10:01.000 --> 00:10:06.000] These are very bad reasons , because it shows that the economy is un balanced ,
[00:10:06.000 --> 00:10:10.000] that people , doing absurd things , are trying to save themselves .
[00:10:10.000 --> 00:10:17.000] For example , in Lub lin , all the cities that used to be under the T ent at ami , had a lot of very strong factories , large factories .
[00:10:17.000 --> 00:10:23.000] Now they have literally nothing . They have only blocks and they have gigantic residential est ates , sir .
[00:10:23.000 --> 00:10:27.000] We buy it from people who work in other places , because they can afford it .
[00:10:27.000 --> 00:10:32.000] So he went from Rad om to Warsaw , earned money and bought a flat in a block in Rad om .
[00:10:32.000 --> 00:10:35.000] What is the point of this , sir , economically ?
[00:10:35.000 --> 00:10:39.000] Well , Mr . Mar ius z , but maybe this is a natural phenomenon in the world economy .
[00:10:39.000 --> 00:10:46.000] You mentioned Japan , for example , a moment ago . Ten large ag gl omer ations and basically a growing desert ,
[00:10:46.000 --> 00:10:50.000] where there are no people , where there are no people , where real estate is for a z l oty or for free .
[00:10:50.000 --> 00:10:53.000] Maybe we are facing the same perspective .
[00:10:53.000 --> 00:10:58.000] Well , yes , but let 's pay attention to the fact that the assessment of this phenomenon is un amb iguous .
[00:10:58.000 --> 00:11:04.000] And everyone , even the governments , assess it as a clearly negative phenomenon .
[00:11:04.000 --> 00:11:11.000] All the analysis , all the reports , all the official positions say one thing - this is a tragedy .
[00:11:11.000 --> 00:11:15.000] And now the question is , the Japanese government is also wondering what to do .
[00:11:15.000 --> 00:11:19.000] It 's more or less like 500 +, which was supposed to wonderfully increase the population .
[00:11:19.000 --> 00:11:24.000] And as you probably already know , it had no impact at all .
[00:11:24.000 --> 00:11:31.000] Besides , we lost billions of z lot ys to finance alcohol ics , men el is , child labor ers , etc .
[00:11:31.000 --> 00:11:35.000] The Japanese do similar brilliant things , the Japanese government .
[00:11:35.000 --> 00:11:38.000] The Chinese have exactly the same problem , sir .
[00:11:38.000 --> 00:11:47.000] One of the most pop ulous countries in the world has exactly the same problem , sir , as the pop ulous Japan , or now dying , physically dying Poland .
[00:11:47.000 --> 00:11:50.000] You know that there are fewer Pol es a year , simply because we are dying .
[00:11:50.000 --> 00:11:52.000] We are getting po p ulous .
[00:11:52.000 --> 00:11:53.000] That 's the problem .
[00:11:53.000 --> 00:12:00.000] That 's why , sir , there will be empty states , and we 're talking about many thousands of empty apartments .
[00:12:00.000 --> 00:12:02.000] In China it 's even fun nier .
[00:12:02.000 --> 00:12:07.000] There are whole empty cities , whole gigantic mega - d well ings , sir .
[00:12:07.000 --> 00:12:11.000] As we said , Pol es have a lot of apartments .
[00:12:11.000 --> 00:12:14.000] More than the rich Japan , which is interesting .
[00:12:14.000 --> 00:12:18.000] We are talking about apartments owned , of course , by private owners .
[00:12:18.000 --> 00:12:21.000] And this is not a good phenomenon , really .
[00:12:21.000 --> 00:12:31.000] Because if all these grand m others die , why would a child working in Warsaw , living in Warsaw , be in a happy , low - income apartment ?
[00:12:31.000 --> 00:12:32.000] It 's nothing .
[00:12:32.000 --> 00:12:33.000] Just like in Japan .
[00:12:33.000 --> 00:12:39.000] Suddenly there will be tens , maybe hundreds of thousands of such apartments on the market and no one will want them .
[00:12:39.000 --> 00:12:45.000] We will be giving these apartments for 1 z l oty , as I say , in Sic ily , or in Japan , or in many other places in the world .
[00:12:45.000 --> 00:12:46.000] Is it cool ?
[00:12:46.000 --> 00:12:48.000] It 's destructive for the economy .
[00:12:48.000 --> 00:12:56.000] This policy , which says " let 's make a mega - city that will rule the whole country " is a ut opia .
[00:12:56.000 --> 00:12:59.000] You know , this is the idea of ?? s cience fiction movies .
[00:12:59.000 --> 00:13:02.000] It can 't work . It doesn 't work .
[00:13:02.000 --> 00:13:10.000] If a country does not develop evenly , there is no strong basis , it means that something is deeply wrong there .
[00:13:10.000 --> 00:13:12.000] I invite you for a moment of break .
[00:13:12.000 --> 00:13:14.000] We still have the third part ahead .
[00:13:14.000 --> 00:13:18.000] Music
[00:13:18.000 --> 00:13:22.000] In collaboration with
[00:13:22.000 --> 00:13:26.000] Production
[00:13:26.000 --> 00:13:30.000] Music
[00:13:30.000 --> 00:13:34.000] In collaboration with
[00:13:34.000 --> 00:13:38.000] Production
[00:13:38.000 --> 00:13:42.000] Music
[00:13:42.000 --> 00:13:46.000] In collaboration with
[00:13:46.000 --> 00:13:49.000] Mar ius z Stef ani ak , economist , financi er .
[00:13:49.000 --> 00:13:53.000] Today we are talking in our hearing about apartments .
[00:13:53.000 --> 00:13:58.000] Apart ments in Poland , but also in the context of what is happening all over the world .
[00:13:58.000 --> 00:14:03.000] I am returning to the issue of housing policy of the Polish government and other governments .
[00:14:03.000 --> 00:14:08.000] In common perception , the development of housing causes an economic growth .
[00:14:08.000 --> 00:14:14.000] Because people , for example , buy more items of housing and it turns the economy .
[00:14:14.000 --> 00:14:21.000] In order to warm up the housing market in the construction industry , the Polish government has been giving out bonuses for a long time .
[00:14:21.000 --> 00:14:27.000] Recently , cheap loans or common addition s to apartments built by municipalities , communal apartments .
[00:14:27.000 --> 00:14:40.000] As a result , in such a mess in the O pole region , in the last investment , the price of building a so - called cheap apartment with government subsidies reached almost 11 , 000 PL N per square meter .
[00:14:40.000 --> 00:14:43.000] Who actually uses this support ?
[00:14:43.000 --> 00:14:50.000] Are people who get such apartments later , rent them out , or are they really development companies or construction companies ?
[00:14:50.000 --> 00:14:52.000] Interesting question .
[00:14:52.000 --> 00:14:55.000] To explain it to you , I will give an example .
[00:14:55.000 --> 00:14:58.000] I don 't know if you like watching comedy .
[00:14:58.000 --> 00:14:59.000] I like it .
[00:14:59.000 --> 00:15:02.000] And a great comedy is one where the audience laughs .
[00:15:02.000 --> 00:15:11.000] But if someone adds artificial laughter to a bad comedy , it will not make the comedy suddenly start to be cool .
[00:15:11.000 --> 00:15:16.000] There is a laugh , but does it mean that the comedy was funny ?
[00:15:16.000 --> 00:15:19.000] The same is with the housing construction industry in Poland .
[00:15:19.000 --> 00:15:25.000] The increase in prices and the increase in purchases does not give a real economic growth .
[00:15:25.000 --> 00:15:29.000] And what does it give ? In fl ation and poverty .
[00:15:29.000 --> 00:15:35.000] Because they have to pay much higher prices than they should normally .
[00:15:35.000 --> 00:15:42.000] Well , as you mentioned some N ys a and 11 , 000 per square meter , my first question is where the hell is N ys a ?
[00:15:42.000 --> 00:15:44.000] How big is the industry there ?
[00:15:44.000 --> 00:15:47.000] Maybe there is great tourism in N ys a , sir ?
[00:15:47.000 --> 00:15:50.000] What 's going on there that the prices are like that ?
[00:15:50.000 --> 00:15:51.000] I would like to know .
[00:15:51.000 --> 00:15:53.000] Exactly , and I know .
[00:15:53.000 --> 00:15:55.000] There is no reason to go there .
[00:15:55.000 --> 00:15:58.000] Honestly , I would never go there normally .
[00:15:58.000 --> 00:16:03.000] Neither to some N ys a , nor to O pole , nor to any other nearby town .
[00:16:03.000 --> 00:16:04.000] Because why ?
[00:16:04.000 --> 00:16:15.000] Because when I hear such prices , which again , I remember perfectly that 11 , 000 per square meter could be bought in the very center , in the capital of Poland , sir ,
[00:16:15.000 --> 00:16:19.000] in the largest ag gl om eration , where the biggest businesses are made .
[00:16:19.000 --> 00:16:27.000] It really is this joke and it is one of those not funny , where artificial laughter is applied , because it is such a cement comedy .
[00:16:27.000 --> 00:16:35.000] P rices of real estate that are driven in an absolutely unnatural way ,
[00:16:35.000 --> 00:16:39.000] that is , these prices do not result from normal economic development of Poland ,
[00:16:39.000 --> 00:16:43.000] that we are rich , that we have a lot of investments .
[00:16:43.000 --> 00:16:45.000] Just like we said in Tokyo .
[00:16:45.000 --> 00:16:48.000] Then it makes sense that you laughed at these Japanese tiles .
[00:16:48.000 --> 00:16:52.000] Let 's see what tiles were built in Warsaw .
[00:16:52.000 --> 00:16:56.000] How many meters did the apartment in Warsaw have for rent , sir ?
[00:16:56.000 --> 00:16:59.000] The size of a locker for a toothbrush .
[00:16:59.000 --> 00:17:00.000] And what were the prices ?
[00:17:00.000 --> 00:17:02.000] Like in Tokyo .
[00:17:02.000 --> 00:17:04.000] I would like to ask you about such a thing .
[00:17:04.000 --> 00:17:12.000] As you know , regulations can stimulate certain economic phenomena , for example , encourage building apartments for rent .
[00:17:12.000 --> 00:17:14.000] How do you assess Polish regulations ?
[00:17:14.000 --> 00:17:20.000] Do they protect the property well , for example , the apartment from tenants , because it is known that you can find various tenants ?
[00:17:20.000 --> 00:17:24.000] Do the regulations allow for simply renting out free apartments ?
[00:17:24.000 --> 00:17:26.000] Great question .
[00:17:26.000 --> 00:17:30.000] Polish regulations are fatal for the owners of apartments .
[00:17:30.000 --> 00:17:36.000] People usually know perfectly well whether they have to build , sell or rent and no one has to explain it to them ,
[00:17:36.000 --> 00:17:43.000] but this is exactly the evolutionary ability of survival , shaped over many thousands of years .
[00:17:43.000 --> 00:17:50.000] People who have the money , the opportunity , the knowledge to build large amounts of apartments ,
[00:17:50.000 --> 00:17:54.000] they build these apartments on a whim , because it is a mega business for them .
[00:17:54.000 --> 00:17:59.000] Pol es do not build apartments on a whim , because it is difficult and expensive .
[00:17:59.000 --> 00:18:04.000] There is one last thing I wanted to ask you about today in the apartment hearing .
[00:18:04.000 --> 00:18:14.000] One of the methods of encouraging or encouraging the construction of single - family apartments is to loosen the regulations related to issuing permits .
[00:18:14.000 --> 00:18:23.000] Until recently , you could build a building with a residential area of up to 70 square meters without a permit for self - re port ing .
[00:18:23.000 --> 00:18:27.000] There are no longer any surface limits here .
[00:18:27.000 --> 00:18:34.000] How do you assess these changes ? On the one hand , is there any risk of building quality deterior ation ?
[00:18:34.000 --> 00:18:40.000] Will we have ugly architecture around us , buildings that are even end ang ering our lives ?
[00:18:40.000 --> 00:18:43.000] Will it not be dangerous ?
[00:18:43.000 --> 00:18:45.000] What are these changes for ? Who do they serve ?
[00:18:45.000 --> 00:18:50.000] I assure you that they will not serve most Pol es ,
[00:18:50.000 --> 00:18:57.000] because they cannot afford to build them at these prices , and they do not even need apartments .
[00:18:57.000 --> 00:19:06.000] According to the latest analysis of the Polish housing situation , 3 out of 100 Pol es assess their housing situation as " bad ",
[00:19:06.000 --> 00:19:10.000] and only 26 as " a verage ".
[00:19:10.000 --> 00:19:13.000] We really don 't need it .
[00:19:13.000 --> 00:19:15.000] Why do we ask ourselves this question ?
[00:19:15.000 --> 00:19:19.000] Who are these regulations for ?
[00:19:19.000 --> 00:19:30.000] It doesn 't matter if you build a small house somewhere and it will be nicer or worse than the architectural requirements .
[00:19:30.000 --> 00:19:32.000] It really doesn 't matter .
[00:19:32.000 --> 00:19:38.000] But if you build entire housing est ates , it already has a gigantic significance .
[00:19:38.000 --> 00:19:40.000] Who can afford to build such housing est ates ?
[00:19:40.000 --> 00:19:45.000] Who has the ability , the money to do something like that ?
[00:19:45.000 --> 00:19:50.000] It 's not a Pole . He doesn 't have the money , he doesn 't even want it .
[00:19:50.000 --> 00:19:56.000] Most Pol es who buy apartments now do it for spec ul ative purposes .
[00:19:56.000 --> 00:20:00.000] If the apartments were cheap , I would buy it by borrowing money ,
[00:20:00.000 --> 00:20:09.000] I would pay the loan through the rent , and in this way , in short , I would get the apartment for free in 10 , 20 , 30 years .
[00:20:09.000 --> 00:20:15.000] This shows how bad the housing economy is in Poland , how badly these governments have been operating for decades .
[00:20:15.000 --> 00:20:18.000] The political option doesn 't really matter here .
[00:20:18.000 --> 00:20:23.000] All governments have the same fault , that is , they completely destroy the Polish economy ,
[00:20:23.000 --> 00:20:31.000] and at the same time they enrich the minimum number of people and objects behind them .
[00:20:31.000 --> 00:20:36.000] And not only that , all of this is just the tip of the iceberg , sir .
[00:20:36.000 --> 00:20:49.000] The real problem is that it would look like the governments hate the situation where Pol es own their own property ,
[00:20:49.000 --> 00:20:53.000] they are financially and housing - wise independent from the government ,
[00:20:53.000 --> 00:21:00.000] and all the regulations over the last few years have only one goal - to discour age Pol es from owning apartments ,
[00:21:00.000 --> 00:21:10.000] to make it impossible for them to own apartments , or to push them into a situation where they will borrow money and make a huge effort to buy these apartments ,
[00:21:10.000 --> 00:21:13.000] and then these apartments will be taken away from them .
[00:21:13.000 --> 00:21:17.000] Please quote me in a few years with what I will say now .
[00:21:17.000 --> 00:21:25.000] I predict that in a few years , Pol es will be massively deprived of real estate ,
[00:21:25.000 --> 00:21:29.000] and savings are already deprived , and on a gigantic scale .
[00:21:29.000 --> 00:21:33.000] I would be wrong , to put it briefly . I really wouldn 't want to be right here .
[00:21:33.000 --> 00:21:40.000] With this sad thread and this statement , I think we will have to end today 's broadcast , because our time is up .
[00:21:40.000 --> 00:21:46.000] Thank you very much for the interview , Mar ius z Stef ani ak , economic and financial expert , and the program was led by Kr z ysz to f Stra uch man .
[00:21:46.000 --> 00:21:47.000] See you next time .
[00:21:47.000 --> 00:21:59.000] Other radio stations - in G ? uch o ? az y and the area - 105 . 2 .
[00:21:59.000 --> 00:22:01.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:09.500] What 's up , Mr . Mar ius z ?
[00:00:09.500 --> 00:00:11.500] What did you hear again ?
[00:00:11.500 --> 00:00:15.500] This time I didn 't hear anything , but I had the opportunity to experience it with my own eyes .
[00:00:15.500 --> 00:00:17.500] What 's up , Mr . Mar ius z ?
[00:00:17.500 --> 00:00:21.500] Today 's topic of our conversation is energy , the topic is self - play ,
[00:00:21.500 --> 00:00:24.000] very relevant always , Mar ius z Stef ani ak ,
[00:00:24.000 --> 00:00:27.500] economist , financi er , president of the Fund acja Wi? cej M ?d ro ?ci .
[00:00:27.500 --> 00:00:32.500] Probably , like many Pol es , I recently got a payment for energy , an annual payment .
[00:00:32.500 --> 00:00:36.500] Please imagine that for this year I paid my bills well ,
[00:00:36.500 --> 00:00:39.000] I was walking around the house , I turned off unnecessary bulbs ,
[00:00:39.000 --> 00:00:44.000] and in the meantime , in the end , it turned out that I have a very large addition to regulate .
[00:00:44.000 --> 00:00:48.500] And again I asked myself a question , which , by the way , has already been asked in the fra mes of our audition .
[00:00:48.500 --> 00:00:51.000] Why is energy so expensive ?
[00:00:51.000 --> 00:00:54.500] Since the outbreak of the war with Ukraine , a year and a half has passed
[00:00:54.500 --> 00:00:57.500] and the markets should have cal med down ,
[00:00:57.500 --> 00:01:01.500] and maybe they even cal med down , because some prices of energy carriers have fallen .
[00:01:01.500 --> 00:01:03.000] What 's going on ?
[00:01:03.000 --> 00:01:08.000] Because no meaningful or independent economic factors affect prices ,
[00:01:08.000 --> 00:01:10.500] only politicians and business systems .
[00:01:10.500 --> 00:01:13.500] Legal or not , that 's a different topic .
[00:01:13.500 --> 00:01:18.000] That 's why I can document that prices in the world 's exchanges
[00:01:18.000 --> 00:01:22.000] and how the global system of their production works
[00:01:22.000 --> 00:01:26.000] is actually one big price conspiracy .
[00:01:26.000 --> 00:01:29.000] I swear it 's not even the slightest exagger ation .
[00:01:29.000 --> 00:01:33.000] Mr . Mar ius z , but we see on our market , someone who burns coal ,
[00:01:33.000 --> 00:01:36.000] this year he will buy this coal twice as cheap as the year before .
[00:01:36.000 --> 00:01:37.000] It 's a fact .
[00:01:37.000 --> 00:01:40.500] 70 % of Polish energy is produced from coal .
[00:01:40.500 --> 00:01:43.500] Well , it should somehow translate into a drop in prices .
[00:01:43.500 --> 00:01:46.500] The fact that coal prices are behaving like a yo - yo
[00:01:46.500 --> 00:01:50.500] is personally funny and terrifying to me .
[00:01:50.500 --> 00:01:53.000] How can this be ?
[00:01:53.000 --> 00:01:58.000] The fact that prices for citizens have no connection
[00:01:58.000 --> 00:02:01.000] with the prices of the world 's exchanges or the rules of the economy
[00:02:01.000 --> 00:02:04.000] is simply absurd .
[00:02:04.000 --> 00:02:09.000] All the most important prices are currently motivated
[00:02:09.000 --> 00:02:12.500] politically , not economically .
[00:02:12.500 --> 00:02:15.000] The rulers look at how much they can afford
[00:02:15.000 --> 00:02:18.500] to take money out of the pockets of citizens and taxpayers
[00:02:18.500 --> 00:02:22.500] to satisfy the rich who finance these politicians .
[00:02:22.500 --> 00:02:25.500] Whether it 's through official money , like political campaigns ,
[00:02:25.500 --> 00:02:29.500] or just small - or large - scale schemes
[00:02:29.500 --> 00:02:34.500] with mega - rich people who have an evident interest
[00:02:34.500 --> 00:02:37.500] in building huge monopol ies ,
[00:02:37.500 --> 00:02:40.500] to launch such price jumps .
[00:02:40.500 --> 00:02:42.500] Because remember , ladies and gentlemen , that in the economy
[00:02:42.500 --> 00:02:46.500] you gain the most not when there is a stable economic situation
[00:02:46.500 --> 00:02:50.500] on a market , but generally you earn the most
[00:02:50.500 --> 00:02:53.500] when there are gigantic drops and increases .
[00:02:53.500 --> 00:02:56.500] And those who know about it , or even prepare it ,
[00:02:56.500 --> 00:02:59.500] have a recipe for success .
[00:02:59.500 --> 00:03:02.500] You can 't lose on it when you know that a tax will come in
[00:03:02.500 --> 00:03:06.500] and you 'll use it before it comes in .
[00:03:06.500 --> 00:03:09.500] That 's how the biggest fortun es of these super - rich people were created .
[00:03:09.500 --> 00:03:12.500] It 's all the same stories ,
[00:03:12.500 --> 00:03:14.500] that these were government contracts ,
[00:03:14.500 --> 00:03:17.500] that they were getting a monopoly on something .
[00:03:17.500 --> 00:03:20.500] So I 'm just waiting for some scandal to come ,
[00:03:20.500 --> 00:03:24.500] where it will be said clearly that it was all a scam .
[00:03:24.500 --> 00:03:27.500] I have no other word for something like that .
[00:03:27.500 --> 00:03:30.500] Mr . Mar ius z , I 'm going back to the question and the thread you raised .
[00:03:30.500 --> 00:03:33.500] Today , the energy payments made by the residents
[00:03:33.500 --> 00:03:36.500] are 40 or 60 gros zy per kilow att .
[00:03:36.500 --> 00:03:39.500] Fore cast s say it will reach the z l oty ,
[00:03:39.500 --> 00:03:41.500] so we are waiting for more increases .
[00:03:41.500 --> 00:03:45.500] The payments that have now somehow eas ed the effects of these increases will be liquid ated .
[00:03:45.500 --> 00:03:48.500] In fl ation is coming , which is hitting us in the pocket .
[00:03:48.500 --> 00:03:51.500] What is the acceptable level , which you mentioned ,
[00:03:51.500 --> 00:03:55.500] how much can politicians afford to raise the energy price ?
[00:03:55.500 --> 00:03:57.500] How much we will allow them ?
[00:03:57.500 --> 00:03:59.500] The answer is only one .
[00:03:59.500 --> 00:04:02.500] We decide whether we want to be robbed or not .
[00:04:02.500 --> 00:04:04.500] As I said , there are no independent ,
[00:04:04.500 --> 00:04:07.500] economically conditioned factors
[00:04:07.500 --> 00:04:11.500] that would cause coal to jump 100 , 200 , 300 percent
[00:04:11.500 --> 00:04:14.500] and then drop by 50 percent .
[00:04:14.500 --> 00:04:17.500] M ining is a super stable thing .
[00:04:17.500 --> 00:04:21.500] You can 't suddenly accelerate and slow down .
[00:04:21.500 --> 00:04:23.500] The same goes for the power plant .
[00:04:23.500 --> 00:04:26.500] You can 't just stop it for an hour and then do it .
[00:04:26.500 --> 00:04:27.500] It is impossible .
[00:04:27.500 --> 00:04:30.500] It is technically impossible , ladies and gentlemen .
[00:04:30.500 --> 00:04:33.500] These are very long - term actions .
[00:04:33.500 --> 00:04:38.500] You can 't suddenly increase , decrease , cut something here .
[00:04:38.500 --> 00:04:40.500] It doesn 't work like that .
[00:04:40.500 --> 00:04:44.500] All you see is the effect of something
[00:04:44.500 --> 00:04:48.500] that is a monopoly or an ol ig opoly .
[00:04:48.500 --> 00:04:51.500] A situation where either one or a few big ones
[00:04:51.500 --> 00:04:55.500] rule everything , completely , totally everything .
[00:04:55.500 --> 00:04:59.500] Then customers have no influence
[00:04:59.500 --> 00:05:01.500] on what is happening on the market .
[00:05:01.500 --> 00:05:04.500] Therefore , the only solution is to liquid ate
[00:05:04.500 --> 00:05:07.500] these monopol ies and ol ig opol ies
[00:05:07.500 --> 00:05:10.500] because it is too dangerous .
[00:05:10.500 --> 00:05:14.500] A greedy , greedy politician uses it to make money
[00:05:14.500 --> 00:05:17.500] and thus , of course , to give gigantic profits
[00:05:17.500 --> 00:05:19.500] to these ol ig arch s , fuel , economic ,
[00:05:19.500 --> 00:05:21.500] arms , pharmaceutical .
[00:05:21.500 --> 00:05:23.500] As if we see it all with our own eyes .
[00:05:23.500 --> 00:05:25.500] We pay for it .
[00:05:25.500 --> 00:05:27.500] There is only one thing behind it .
[00:05:27.500 --> 00:05:30.500] The contact between politics and business .
[00:05:30.500 --> 00:05:33.500] It is not public , it is not legal .
[00:05:33.500 --> 00:05:37.500] It is obvious that these are not healthy , normal systems .
[00:05:37.500 --> 00:05:41.500] As long as we allow it , it will be like that .
[00:05:41.500 --> 00:05:43.500] Polit icians only look when people are
[00:05:43.500 --> 00:05:46.500] sufficiently angry , as it was with these masks .
[00:05:46.500 --> 00:05:48.500] People had enough and suddenly ,
[00:05:48.500 --> 00:05:50.500] " Oh , we can tolerate it from day to day ."
[00:05:50.500 --> 00:05:52.500] I am able to accept everything .
[00:05:52.500 --> 00:05:54.500] These masks , this nonsense , these distances ,
[00:05:54.500 --> 00:05:56.500] these p lex ig lass everywhere .
[00:05:56.500 --> 00:05:58.500] But I am not able to accept that from day to day
[00:05:58.500 --> 00:06:00.500] when someone threw it away and suddenly
[00:06:00.500 --> 00:06:02.500] it became dangerous .
[00:06:02.500 --> 00:06:04.500] I can 't accept that .
[00:06:04.500 --> 00:06:06.500] And that 's what politicians should be accountable for .
[00:06:06.500 --> 00:06:08.500] This is evil for me .
[00:06:08.500 --> 00:06:11.500] These prices , fuel , coal , gas ,
[00:06:11.500 --> 00:06:13.500] many more .
[00:06:13.500 --> 00:06:15.500] It 's just a tragedy that we look at it
[00:06:15.500 --> 00:06:17.500] and say , " Oh , well , actually , good .
[00:06:17.500 --> 00:06:19.500] Fuel has increased by 100 %.
[00:06:19.500 --> 00:06:21.500] By what miracle ? By what miracle ?
[00:06:21.500 --> 00:06:23.500] How did it happen ?"
[00:06:23.500 --> 00:06:25.500] Time for a break .
[00:06:25.500 --> 00:06:27.500] P ARR OT TV
[00:06:29.500 --> 00:06:31.500] P ARR OT TV
[00:06:56.500 --> 00:06:58.500] What 's up , Mr . Mar ius z ?
[00:06:58.500 --> 00:07:00.500] Our guest , Mar ius z Stef ani ak ,
[00:07:00.500 --> 00:07:02.500] economic and financial economist .
[00:07:02.500 --> 00:07:04.500] We are talking about energy and how
[00:07:04.500 --> 00:07:06.500] political conditions affect its price .
[00:07:06.500 --> 00:07:08.500] Many times in this broadcast
[00:07:08.500 --> 00:07:10.500] we have been talking about green energy ,
[00:07:10.500 --> 00:07:12.500] renewable energy and regulations
[00:07:12.500 --> 00:07:14.500] regarding this energy .
[00:07:14.500 --> 00:07:16.500] During my holiday trip , I had the opportunity
[00:07:16.500 --> 00:07:18.500] to pass by the historically last
[00:07:18.500 --> 00:07:21.500] coal power plant in Portugal .
[00:07:21.500 --> 00:07:23.500] It was closed a year ago and since then
[00:07:23.500 --> 00:07:25.500] this country has neither nuclear power plants ,
[00:07:25.500 --> 00:07:27.500] nor coal power plants .
[00:07:27.500 --> 00:07:29.500] 60 % of energy is produced
[00:07:29.500 --> 00:07:31.500] from the wind , from the sun .
[00:07:31.500 --> 00:07:33.500] Mr . Mar ius z , why in Poland
[00:07:33.500 --> 00:07:35.500] this contributor is 20 - 20 %
[00:07:35.500 --> 00:07:37.500] of energy produced
[00:07:37.500 --> 00:07:39.500] from renewable sources ?
[00:07:39.500 --> 00:07:41.500] Why can 't we go all the way
[00:07:41.500 --> 00:07:43.500] to production from renewable sources ,
[00:07:43.500 --> 00:07:45.500] gradually limit coal
[00:07:45.500 --> 00:07:47.500] and , let 's say , import
[00:07:47.500 --> 00:07:49.500] if we need more ?
[00:07:49.500 --> 00:07:51.500] It would be a total collapse
[00:07:51.500 --> 00:07:53.500] of the Polish economy
[00:07:53.500 --> 00:07:55.500] if we implemented your program .
[00:07:55.500 --> 00:07:57.500] Ren ew able energy
[00:07:57.500 --> 00:07:59.500] in the form we know
[00:07:59.500 --> 00:08:01.500] is very unstable .
[00:08:01.500 --> 00:08:03.500] The wind blows or not much ,
[00:08:03.500 --> 00:08:05.500] the sun shines or not ,
[00:08:05.500 --> 00:08:07.500] summer is hot or cold ,
[00:08:07.500 --> 00:08:09.500] water level is high or low .
[00:08:09.500 --> 00:08:11.500] You have no control
[00:08:11.500 --> 00:08:13.500] over it and more over ,
[00:08:13.500 --> 00:08:15.500] you don 't have a forecast method
[00:08:15.500 --> 00:08:17.500] how it will be .
[00:08:17.500 --> 00:08:19.500] That 's why it 's impossible
[00:08:19.500 --> 00:08:21.500] to build any economy on it ,
[00:08:21.500 --> 00:08:23.500] any factories , because it suddenly turns out
[00:08:23.500 --> 00:08:25.500] that you don 't have the energy
[00:08:25.500 --> 00:08:27.500] to work the ship and the ship yard
[00:08:27.500 --> 00:08:29.500] because the sun is shining , the wind is not blowing .
[00:08:29.500 --> 00:08:31.500] What are you doing now ?
[00:08:31.500 --> 00:08:33.500] Second , instability
[00:08:33.500 --> 00:08:35.500] of the transmission of electricity
[00:08:35.500 --> 00:08:37.500] and the parameters of this electricity
[00:08:37.500 --> 00:08:39.500] in the scale of the national
[00:08:39.500 --> 00:08:41.500] electric energy network .
[00:08:41.500 --> 00:08:43.500] Please remember
[00:08:43.500 --> 00:08:45.500] that the wires are not made of rubber .
[00:08:45.500 --> 00:08:47.500] They cannot be stretched ,
[00:08:47.500 --> 00:08:49.500] extended , shortened ,
[00:08:49.500 --> 00:08:51.500] increased , reduced . No !
[00:08:51.500 --> 00:08:53.500] So you must always have
[00:08:53.500 --> 00:08:55.500] maximum capacity and maximum
[00:08:55.500 --> 00:08:57.500] efficiency of all transmission devices
[00:08:57.500 --> 00:08:59.500] along the entire energy flow path
[00:08:59.500 --> 00:09:01.500] at the maximum
[00:09:01.500 --> 00:09:03.500] production of all
[00:09:03.500 --> 00:09:05.500] connected sources .
[00:09:05.500 --> 00:09:07.500] This is an incredible
[00:09:07.500 --> 00:09:09.500] log istical and technical
[00:09:09.500 --> 00:09:11.500] problem to overcome
[00:09:11.500 --> 00:09:13.500] with the so - called green
[00:09:13.500 --> 00:09:15.500] renewable energies .
[00:09:15.500 --> 00:09:17.500] You have to build a system
[00:09:17.500 --> 00:09:19.500] that is oversized
[00:09:19.500 --> 00:09:21.500] at least twice ,
[00:09:21.500 --> 00:09:23.500] simply much more expensive ,
[00:09:23.500 --> 00:09:25.500] let 's face it , it usually leads to this ,
[00:09:25.500 --> 00:09:27.500] which usually works
[00:09:27.500 --> 00:09:29.500] at 20 - 30 ,
[00:09:29.500 --> 00:09:31.500] at most 50 % of the combined power .
[00:09:31.500 --> 00:09:33.500] The next factor
[00:09:33.500 --> 00:09:35.500] is the very
[00:09:35.500 --> 00:09:37.500] production of these
[00:09:37.500 --> 00:09:39.500] sources . It is incredibly
[00:09:39.500 --> 00:09:41.500] expensive , complicated
[00:09:41.500 --> 00:09:43.500] and destructive for the natural environment .
[00:09:43.500 --> 00:09:45.500] This is an important point .
[00:09:45.500 --> 00:09:47.500] The more we produce these
[00:09:47.500 --> 00:09:49.500] eco - s ources , the more we destroy the environment .
[00:09:49.500 --> 00:09:51.500] This is the brutal truth .
[00:09:51.500 --> 00:09:53.500] To do it 100 %
[00:09:53.500 --> 00:09:55.500] makes no sense .
[00:09:55.500 --> 00:09:57.500] There is no economic sense , no technological sense
[00:09:57.500 --> 00:09:59.500] and no ecological sense
[00:09:59.500 --> 00:10:01.500] even .
[00:10:01.500 --> 00:10:03.500] Another point .
[00:10:03.500 --> 00:10:05.500] We do not control the production of these devices .
[00:10:05.500 --> 00:10:07.500] We do not have
[00:10:07.500 --> 00:10:09.500] technology for this , we do not have a back u p ,
[00:10:09.500 --> 00:10:11.500] we do not have the elements that are
[00:10:11.500 --> 00:10:13.500] necessary for the production of these things .
[00:10:13.500 --> 00:10:15.500] 100 % we will depend
[00:10:15.500 --> 00:10:17.500] on foreign forces , foreign companies ,
[00:10:17.500 --> 00:10:19.500] foreign powers .
[00:10:19.500 --> 00:10:21.500] Someone who tells such beaut if ull y
[00:10:21.500 --> 00:10:23.500] ideological fairy tales is either
[00:10:23.500 --> 00:10:25.500] a total idiot or
[00:10:25.500 --> 00:10:27.500] he is a traitor
[00:10:27.500 --> 00:10:29.500] of the nation and
[00:10:29.500 --> 00:10:31.500] a sabot age r on a gigantic scale .
[00:10:31.500 --> 00:10:33.500] But if we did it ,
[00:10:33.500 --> 00:10:35.500] theoretically , completely understanding what ,
[00:10:35.500 --> 00:10:37.500] we would run out of electricity ?
[00:10:37.500 --> 00:10:39.500] We would assume that there will be hours
[00:10:39.500 --> 00:10:41.500] when we will have to turn off
[00:10:41.500 --> 00:10:43.500] electricity in our homes ?
[00:10:43.500 --> 00:10:45.500] Yes , exactly as it is in many countries of the world .
[00:10:45.500 --> 00:10:47.500] And there are really many examples that
[00:10:47.500 --> 00:10:49.500] are based on such solutions .
[00:10:49.500 --> 00:10:51.500] You literally have zero stability .
[00:10:51.500 --> 00:10:53.500] Suddenly it may turn out that
[00:10:53.500 --> 00:10:55.500] you turn off one third of the economy
[00:10:55.500 --> 00:10:57.500] or factories
[00:10:57.500 --> 00:10:59.500] because you do not have the possibility of
[00:10:59.500 --> 00:11:01.500] power ing them .
[00:11:01.500 --> 00:11:03.500] It is not about the fact that this energy will not be physically .
[00:11:03.500 --> 00:11:05.500] It is about the parameters of this energy .
[00:11:05.500 --> 00:11:07.500] It is on this principle that if one of the parameters
[00:11:07.500 --> 00:11:09.500] changes , all the parameters
[00:11:09.500 --> 00:11:11.500] really change .
[00:11:11.500 --> 00:11:13.500] It is not that someone will create
[00:11:13.500 --> 00:11:15.500] energy from the air , send it
[00:11:15.500 --> 00:11:17.500] and it will be great . It does not work like that .
[00:11:17.500 --> 00:11:19.500] Well , then I will ask about another
[00:11:19.500 --> 00:11:21.500] completely hypothetical solution .
[00:11:21.500 --> 00:11:23.500] We can change the energy supplier
[00:11:23.500 --> 00:11:25.500] recently , choose another one .
[00:11:25.500 --> 00:11:27.500] We can make a division .
[00:11:27.500 --> 00:11:29.500] If the supporters of
[00:11:29.500 --> 00:11:31.500] ecology , renewable sources
[00:11:31.500 --> 00:11:33.500] are ready to pay more ,
[00:11:33.500 --> 00:11:35.500] then let them order energy
[00:11:35.500 --> 00:11:37.500] from the supplier who has
[00:11:37.500 --> 00:11:39.500] renewable sources
[00:11:39.500 --> 00:11:41.500] and let them pay more .
[00:11:41.500 --> 00:11:43.500] And these poor customers
[00:11:43.500 --> 00:11:45.500] order energy from coal and pay less .
[00:11:45.500 --> 00:11:47.500] Another fiction .
[00:11:47.500 --> 00:11:49.500] It sounds very nice and almost
[00:11:49.500 --> 00:11:51.500] reasonable .
[00:11:51.500 --> 00:11:53.500] So first of all ,
[00:11:53.500 --> 00:11:55.500] there is currently no
[00:11:55.500 --> 00:11:57.500] technology known to me in the world
[00:11:57.500 --> 00:11:59.500] that could
[00:11:59.500 --> 00:12:01.500] choose
[00:12:01.500 --> 00:12:03.500] the types of energy .
[00:12:03.500 --> 00:12:05.500] We do not have such methods at all .
[00:12:05.500 --> 00:12:07.500] We do not have such a division .
[00:12:07.500 --> 00:12:09.500] It is completely , totally impossible .
[00:12:09.500 --> 00:12:11.500] Maybe someday . I do not claim that no .
[00:12:11.500 --> 00:12:13.500] The second illusion
[00:12:13.500 --> 00:12:15.500] here is that
[00:12:15.500 --> 00:12:17.500] we do not have
[00:12:17.500 --> 00:12:19.500] any freedom of choice
[00:12:19.500 --> 00:12:21.500] in prices or in the production of
[00:12:21.500 --> 00:12:23.500] this energy , because politicians
[00:12:23.500 --> 00:12:25.500] rule by prices and rules
[00:12:25.500 --> 00:12:27.500] of energy production and re covery ,
[00:12:27.500 --> 00:12:29.500] not the economy or those who
[00:12:29.500 --> 00:12:31.500] produce it . It is complete
[00:12:31.500 --> 00:12:33.500] science fiction from the point of view
[00:12:33.500 --> 00:12:35.500] of real economic
[00:12:35.500 --> 00:12:37.500] or energy rules .
[00:12:37.500 --> 00:12:39.500] Here politics rules ,
[00:12:39.500 --> 00:12:41.500] systems .
[00:12:41.500 --> 00:12:43.500] They decide
[00:12:43.500 --> 00:12:45.500] what are the energy prices in a given country ,
[00:12:45.500 --> 00:12:47.500] in a given city , in a given time ,
[00:12:47.500 --> 00:12:49.500] ladies and gentlemen .
[00:12:49.500 --> 00:12:51.500] The illusion is that you have any
[00:12:51.500 --> 00:12:53.500] choice . The illusion is that
[00:12:53.500 --> 00:12:55.500] we have this dirty and clean
[00:12:55.500 --> 00:12:57.500] energy and we can decide
[00:12:57.500 --> 00:12:59.500] where it will flow .
[00:12:59.500 --> 00:13:01.500] There is no such thing .
[00:13:01.500 --> 00:13:03.500] I will say even more . For every
[00:13:03.500 --> 00:13:05.500] kilow att of this green energy
[00:13:05.500 --> 00:13:07.500] we must have a kilow att
[00:13:07.500 --> 00:13:09.500] of this dirty energy guaranteed .
[00:13:09.500 --> 00:13:11.500] If we want
[00:13:11.500 --> 00:13:13.500] to have more of this clean energy ,
[00:13:13.500 --> 00:13:15.500] we must have more of this dirty energy
[00:13:15.500 --> 00:13:17.500] to be stable . So if
[00:13:17.500 --> 00:13:19.500] for some reason this " cle an "
[00:13:19.500 --> 00:13:21.500] energy will not
[00:13:21.500 --> 00:13:23.500] enter the network , then we must
[00:13:23.500 --> 00:13:25.500] increase the production of this dirty
[00:13:25.500 --> 00:13:27.500] energy to balance
[00:13:27.500 --> 00:13:29.500] the need . Because people will
[00:13:29.500 --> 00:13:31.500] want to turn on their TVs ,
[00:13:31.500 --> 00:13:33.500] recharge their phones or those famous
[00:13:33.500 --> 00:13:35.500] electric cars when ,
[00:13:35.500 --> 00:13:37.500] for example , the sun is not shining .
[00:13:37.500 --> 00:13:39.500] And I will tell you that this is exactly
[00:13:39.500 --> 00:13:41.500] what is happening . So the biggest
[00:13:41.500 --> 00:13:43.500] consumption is when there is the
[00:13:43.500 --> 00:13:45.500] least production of eco - energy .
[00:13:45.500 --> 00:13:47.500] Let 's take a deep breath
[00:13:47.500 --> 00:13:49.500] and take a break .
[00:13:51.500 --> 00:13:53.500] [ music ]
[00:13:53.500 --> 00:13:55.500] [ music ]
[00:14:21.500 --> 00:14:23.500] Good morning , Mr . Mar ius z .
[00:14:23.500 --> 00:14:25.500] Today the topic of our conversation is energy .
[00:14:25.500 --> 00:14:27.500] The topic is self - play .
[00:14:27.500 --> 00:14:29.500] Very relevant always . Mar ius z Stef ani ak ,
[00:14:29.500 --> 00:14:31.500] economist , financi er , president of the
[00:14:31.500 --> 00:14:33.500] " W i ? cej M ?d ro ?ci " Foundation . Mr . Mar ius z ,
[00:14:33.500 --> 00:14:35.500] I would like to draw you into one more
[00:14:35.500 --> 00:14:37.500] illusion , fiction , perhaps .
[00:14:37.500 --> 00:14:39.500] In my town , before the war
[00:14:39.500 --> 00:14:41.500] and right after the war , there were
[00:14:41.500 --> 00:14:43.500] a dozen small water power plants
[00:14:43.500 --> 00:14:45.500] on a river that has a mountain ous character and is
[00:14:45.500 --> 00:14:47.500] able to produce some electricity .
[00:14:47.500 --> 00:14:49.500] And that was enough to supply the city .
[00:14:49.500 --> 00:14:51.500] And today , local water energy
[00:14:51.500 --> 00:14:53.500] producers ,
[00:14:53.500 --> 00:14:55.500] well , it 's practically a margin .
[00:14:55.500 --> 00:14:57.500] Is it possible to return
[00:14:57.500 --> 00:14:59.500] to such local markets
[00:14:59.500 --> 00:15:01.500] with local specifics , with local sources
[00:15:01.500 --> 00:15:03.500] that will be autonomous
[00:15:03.500 --> 00:15:05.500] and stable ? Yes , I think
[00:15:05.500 --> 00:15:07.500] it is possible and it is not a fiction ,
[00:15:07.500 --> 00:15:09.500] sir , but in my opinion it is
[00:15:09.500 --> 00:15:11.500] the only way
[00:15:11.500 --> 00:15:13.500] to get out of this situation .
[00:15:13.500 --> 00:15:15.500] Mon opoly ,
[00:15:15.500 --> 00:15:17.500] catch - ups , these gigantic
[00:15:17.500 --> 00:15:19.500] energy companies
[00:15:19.500 --> 00:15:21.500] that rob us and more and more
[00:15:21.500 --> 00:15:23.500] shameless ly rob us .
[00:15:23.500 --> 00:15:25.500] But we would be able to provide ourselves with local
[00:15:25.500 --> 00:15:27.500] energy sources that would cover
[00:15:27.500 --> 00:15:29.500] growing demand ? Yes ,
[00:15:29.500 --> 00:15:31.500] no problem . And we even have all
[00:15:31.500 --> 00:15:33.500] the necessary technologies for this .
[00:15:33.500 --> 00:15:35.500] A simple solution ? Ge othermal .
[00:15:35.500 --> 00:15:37.500] At the level of municipalities ,
[00:15:37.500 --> 00:15:39.500] counties - perfect .
[00:15:39.500 --> 00:15:41.500] Small er ones are
[00:15:41.500 --> 00:15:43.500] small water power plants .
[00:15:43.500 --> 00:15:45.500] They should be crushing ly super
[00:15:45.500 --> 00:15:47.500] promoted and common .
[00:15:47.500 --> 00:15:49.500] It is definitely super cool ,
[00:15:49.500 --> 00:15:51.500] super interesting to create a lot
[00:15:51.500 --> 00:15:53.500] of small water power plants ,
[00:15:53.500 --> 00:15:55.500] because they are cheap , efficient .
[00:15:55.500 --> 00:15:57.500] These are the only
[00:15:57.500 --> 00:15:59.500] really sensible ecological solutions
[00:15:59.500 --> 00:16:01.500] known to me in the world .
[00:16:01.500 --> 00:16:03.500] And the fact that it is not super
[00:16:03.500 --> 00:16:05.500] common is a total
[00:16:05.500 --> 00:16:07.500] crime for me . Mr . Mar ius z ,
[00:16:07.500 --> 00:16:09.500] but do you know the countries where such local markets
[00:16:09.500 --> 00:16:11.500] operate ? There are a lot of countries
[00:16:11.500 --> 00:16:13.500] that have a lot of solutions
[00:16:13.500 --> 00:16:15.500] eco - friendly and also based
[00:16:15.500 --> 00:16:17.500] on water energy .
[00:16:17.500 --> 00:16:19.500] In practically no country
[00:16:19.500 --> 00:16:21.500] big it is not done ,
[00:16:21.500 --> 00:16:23.500] but why ? Because there is a big business
[00:16:23.500 --> 00:16:25.500] and monopoly . Imagine
[00:16:25.500 --> 00:16:27.500] that anyone will allow
[00:16:27.500 --> 00:16:29.500] or God forbid will launch it ,
[00:16:29.500 --> 00:16:31.500] where there is an energy monopoly .
[00:16:31.500 --> 00:16:33.500] Who will allow it , sir ?
[00:16:33.500 --> 00:16:35.500] What government , what corporations ?
[00:16:35.500 --> 00:16:37.500] Because they will not earn anything .
[00:16:37.500 --> 00:16:39.500] People will earn on it . You will benefit from it .
[00:16:39.500 --> 00:16:41.500] That 's why
[00:16:41.500 --> 00:16:43.500] no one is launching it .
[00:16:43.500 --> 00:16:45.500] That 's why it 's very hard to make such a power plant .
[00:16:45.500 --> 00:16:47.500] There are requirements , there are restrictions
[00:16:47.500 --> 00:16:49.500] and so on .
[00:16:49.500 --> 00:16:51.500] In my opinion , it should be very
[00:16:51.500 --> 00:16:53.500] super common , even promoted
[00:16:53.500 --> 00:16:55.500] by the state , because it is really
[00:16:55.500 --> 00:16:57.500] one of the best methods ,
[00:16:57.500 --> 00:16:59.500] really , a real ecological
[00:16:59.500 --> 00:17:01.500] method of generating electricity .
[00:17:01.500 --> 00:17:03.500] Mr . Mar ius z , but
[00:17:03.500 --> 00:17:05.500] for logic , since within a few years
[00:17:05.500 --> 00:17:07.500] we were able to go through a revolution
[00:17:07.500 --> 00:17:09.500] based on the fact that on every second Polish roof
[00:17:09.500 --> 00:17:11.500] there were energy panels ,
[00:17:11.500 --> 00:17:13.500] so why are we not able to
[00:17:13.500 --> 00:17:15.500] make such a water revolution
[00:17:15.500 --> 00:17:17.500] in every town where there is a potential
[00:17:17.500 --> 00:17:19.500] to install a small power plant ?
[00:17:19.500 --> 00:17:21.500] We are able ,
[00:17:21.500 --> 00:17:23.500] but we will not do it . How many companies
[00:17:23.500 --> 00:17:25.500] actually produce photo vol ta ic panels ?
[00:17:25.500 --> 00:17:27.500] A finger ,
[00:17:27.500 --> 00:17:29.500] a hand would be enough for you
[00:17:29.500 --> 00:17:31.500] to cover the whole world .
[00:17:31.500 --> 00:17:33.500] Polit icians like such businesses ,
[00:17:33.500 --> 00:17:35.500] because thick envelop es literally
[00:17:35.500 --> 00:17:37.500] fall into their pockets .
[00:17:37.500 --> 00:17:39.500] Let 's see
[00:17:39.500 --> 00:17:41.500] what the dec rees are in the EU .
[00:17:41.500 --> 00:17:43.500] There is supposed to be a rapid increase
[00:17:43.500 --> 00:17:45.500] in photo vol ta ics ,
[00:17:45.500 --> 00:17:47.500] and at the same time we see mega - c atch - up
[00:17:47.500 --> 00:17:49.500] sc ams in the same EU .
[00:17:49.500 --> 00:17:51.500] Let 's add two to two ,
[00:17:51.500 --> 00:17:53.500] that these technologies are being launched ,
[00:17:53.500 --> 00:17:55.500] which allow
[00:17:55.500 --> 00:17:57.500] to earn a small group of people
[00:17:57.500 --> 00:17:59.500] who control the whole world .
[00:17:59.500 --> 00:18:01.500] That 's all it 's about .
[00:18:01.500 --> 00:18:03.500] You can make a water power plant yourself
[00:18:03.500 --> 00:18:05.500] from scratch , without buying
[00:18:05.500 --> 00:18:07.500] anything in the store .
[00:18:07.500 --> 00:18:09.500] You are not able to do
[00:18:09.500 --> 00:18:11.500] anything with the photo vol ta ic system .
[00:18:11.500 --> 00:18:13.500] Unfortunately , you are not able to produce
[00:18:13.500 --> 00:18:15.500] parts for units , inver ters .
[00:18:15.500 --> 00:18:17.500] You understand that
[00:18:17.500 --> 00:18:19.500] it is not the same as
[00:18:19.500 --> 00:18:21.500] launching a power plant , which is
[00:18:21.500 --> 00:18:23.500] well known , simple , safe .
[00:18:23.500 --> 00:18:25.500] There is nothing to explode .
[00:18:25.500 --> 00:18:27.500] Nothing bad will happen
[00:18:27.500 --> 00:18:29.500] if you have a minimum of reason .
[00:18:29.500 --> 00:18:31.500] With photo vol ta ic systems ,
[00:18:31.500 --> 00:18:33.500] it is not like that at all .
[00:18:33.500 --> 00:18:35.500] It is more complex , complicated ,
[00:18:35.500 --> 00:18:37.500] dangerous . An ordinary Jan K ow als ki
[00:18:37.500 --> 00:18:39.500] will not be able to do it .
[00:18:39.500 --> 00:18:41.500] If he does , he will probably regret it .
[00:18:41.500 --> 00:18:43.500] Big companies do it , corporations do it
[00:18:43.500 --> 00:18:45.500] and it will probably stay that way
[00:18:45.500 --> 00:18:47.500] for years to come . That 's why
[00:18:47.500 --> 00:18:49.500] it 's a great business for these corporations
[00:18:49.500 --> 00:18:51.500] and for politicians ,
[00:18:51.500 --> 00:18:53.500] who prepare legal foundations
[00:18:53.500 --> 00:18:55.500] for what is good and what is not good .
[00:18:55.500 --> 00:18:57.500] Exactly , Mr . Mar ius z ,
[00:18:57.500 --> 00:18:59.500] at the end I will ask you a question ,
[00:18:59.500 --> 00:19:01.500] which I think opens the door to the next topic .
[00:19:01.500 --> 00:19:03.500] The International Energy Agency
[00:19:03.500 --> 00:19:05.500] predict s that in Europe
[00:19:05.500 --> 00:19:07.500] the production of coal will actually decrease
[00:19:07.500 --> 00:19:09.500] in the coming years , but in China ,
[00:19:09.500 --> 00:19:11.500] India , Asia it will increase .
[00:19:11.500 --> 00:19:13.500] We will not have a global effect
[00:19:13.500 --> 00:19:15.500] and a reduction in carbon dioxide emissions .
[00:19:15.500 --> 00:19:17.500] And besides , how are we supposed
[00:19:17.500 --> 00:19:19.500] to compete economically with
[00:19:19.500 --> 00:19:21.500] Asian countries , if our electricity
[00:19:21.500 --> 00:19:23.500] will be much more expensive ?
[00:19:23.500 --> 00:19:25.500] Are we even able to compete ?
[00:19:25.500 --> 00:19:27.500] You are right , you are right .
[00:19:27.500 --> 00:19:29.500] It is all literally
[00:19:29.500 --> 00:19:31.500] not making any economic sense .
[00:19:31.500 --> 00:19:33.500] Poland has such a small impact on the climate ,
[00:19:33.500 --> 00:19:35.500] that it is not even possible
[00:19:35.500 --> 00:19:37.500] to measure it .
[00:19:37.500 --> 00:19:39.500] And China , being one of the
[00:19:39.500 --> 00:19:41.500] biggest pollut ers in the world ,
[00:19:41.500 --> 00:19:43.500] is totally accepted .
[00:19:43.500 --> 00:19:45.500] It must be said clearly ,
[00:19:45.500 --> 00:19:47.500] that the United States
[00:19:47.500 --> 00:19:49.500] have always been the biggest
[00:19:49.500 --> 00:19:51.500] pollut er in the world
[00:19:51.500 --> 00:19:53.500] and these countries should be
[00:19:53.500 --> 00:19:55.500] imposed sanctions to notice
[00:19:55.500 --> 00:19:57.500] any effect .
[00:19:57.500 --> 00:19:59.500] The point is that these countries
[00:19:59.500 --> 00:20:01.500] set the rules and the government
[00:20:01.500 --> 00:20:03.500] will get a mandate for the coal furnace
[00:20:03.500 --> 00:20:05.500] in their home , which of course
[00:20:05.500 --> 00:20:07.500] has no complete meaning
[00:20:07.500 --> 00:20:09.500] and even all coal furn aces
[00:20:09.500 --> 00:20:11.500] from all over the world have no meaning .
[00:20:11.500 --> 00:20:13.500] Because one factory
[00:20:13.500 --> 00:20:15.500] sometimes produces more
[00:20:15.500 --> 00:20:17.500] pollution than the whole country .
[00:20:17.500 --> 00:20:19.500] In 2022
[00:20:19.500 --> 00:20:21.500] 36 % of the world 's energy
[00:20:21.500 --> 00:20:23.500] was produced from coal
[00:20:23.500 --> 00:20:25.500] and that gave 8 million tons
[00:20:25.500 --> 00:20:27.500] of CO 2 emissions .
[00:20:27.500 --> 00:20:29.500] So this is the beginning of this
[00:20:29.500 --> 00:20:31.500] whole lie , the eco .
[00:20:31.500 --> 00:20:33.500] In China in 2022
[00:20:33.500 --> 00:20:35.500] a permit was issued
[00:20:35.500 --> 00:20:37.500] or a preliminary permit
[00:20:37.500 --> 00:20:39.500] for the construction of 42 %
[00:20:39.500 --> 00:20:41.500] more power of coal power plants
[00:20:41.500 --> 00:20:43.500] than in 2021 .
[00:20:43.500 --> 00:20:45.500] 40 , so they almost double
[00:20:45.500 --> 00:20:47.500] the energy .
[00:20:47.500 --> 00:20:49.500] The value of permits for the construction of new
[00:20:49.500 --> 00:20:51.500] power plants in China
[00:20:51.500 --> 00:20:53.500] increased by 200 , 000
[00:20:53.500 --> 00:20:55.500] meg awat ts .
[00:20:55.500 --> 00:20:57.500] At the same time , the construction of
[00:20:57.500 --> 00:20:59.500] coal power plants in China increased
[00:20:59.500 --> 00:21:01.500] by almost 30 %.
[00:21:01.500 --> 00:21:03.500] So we 're still increasing
[00:21:03.500 --> 00:21:05.500] this consumption ,
[00:21:05.500 --> 00:21:07.500] and we 're not reducing it .
[00:21:07.500 --> 00:21:09.500] That 's why , ladies and gentlemen ,
[00:21:09.500 --> 00:21:11.500] any mandates ,
[00:21:11.500 --> 00:21:13.500] penalties or restrictions
[00:21:13.500 --> 00:21:15.500] on private people
[00:21:15.500 --> 00:21:17.500] who have some kind of stove , chimney ,
[00:21:17.500 --> 00:21:19.500] burn something there ,
[00:21:19.500 --> 00:21:21.500] is a total absurd ity
[00:21:21.500 --> 00:21:23.500] and a form of hypocr isy .
[00:21:23.500 --> 00:21:25.500] The world is moving
[00:21:25.500 --> 00:21:27.500] towards coal power plants .
[00:21:27.500 --> 00:21:29.500] It is rapidly increasing
[00:21:29.500 --> 00:21:31.500] the production of energy from coal power plants .
[00:21:31.500 --> 00:21:33.500] And no one is punishing them for it ,
[00:21:33.500 --> 00:21:35.500] and everyone is doing business with them .
[00:21:35.500 --> 00:21:37.500] And no one sees any problem with it .
[00:21:37.500 --> 00:21:39.500] Whether in the United States ,
[00:21:39.500 --> 00:21:41.500] which is the second largest
[00:21:41.500 --> 00:21:43.500] world poison er , or in China ,
[00:21:43.500 --> 00:21:45.500] number one , or Germany ,
[00:21:45.500 --> 00:21:47.500] which is also one of the significant
[00:21:47.500 --> 00:21:49.500] poison ers .
[00:21:49.500 --> 00:21:51.500] This whole absurd ity ,
[00:21:51.500 --> 00:21:53.500] this ec on ag on ,
[00:21:53.500 --> 00:21:55.500] is being covered by
[00:21:55.500 --> 00:21:57.500] ants ' mouths to reduce
[00:21:57.500 --> 00:21:59.500] the noise ,
[00:21:59.500 --> 00:22:01.500] where the herd of elephants is standing next to it .
[00:22:01.500 --> 00:22:03.500] Ladies and gentlemen .
[00:22:03.500 --> 00:22:05.500] Thank you very much for today 's meeting .
[00:22:05.500 --> 00:22:07.500] The economist , the financi er ,
[00:22:07.500 --> 00:22:09.500] the president of the Foundation for More Wis dom ,
[00:22:09.500 --> 00:22:11.500] M ari usz Stef ani ak . The hearing was led by Kr z ysz to f Stra uch man .
[00:22:11.500 --> 00:22:13.500] See you later .
[00:22:17.500 --> 00:22:23.500] In na Radio . In G ? uch o ? az ach and the area . 105 i 2 .
[00:22:23.500 --> 00:22:26.500] In na Radio . In G ? uch o ? az ach and the area . 105 i 2 .
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the score , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:15.000] Mr . Mar ius z S te f ani ak , economic economist , finan c ial advisor , our weekly guest .
[00:00:15.000 --> 00:00:20.000] Today we are talking about miracles at the distributor and about other miracles .
[00:00:20.000 --> 00:00:22.000] I was shocked at the fuel distributor .
[00:00:22.000 --> 00:00:24.000] Anyway , probably not just me .
[00:00:24.000 --> 00:00:30.000] A few days ago , the price of a liter of gasoline , of diesel oil , dropped by about 40 cents , as far as I remember .
[00:00:30.000 --> 00:00:32.000] Does this have any economic justification , Mr . Mar ius z ?
[00:00:32.000 --> 00:00:35.000] What 's going on in the world 's oil exchanges ?
[00:00:35.000 --> 00:00:38.000] Or maybe the government suddenly lowered the fuel prices ?
[00:00:38.000 --> 00:00:40.000] Oil prices are going up .
[00:00:40.000 --> 00:00:43.000] Tax es and exc ise are the highest for many years .
[00:00:43.000 --> 00:00:45.000] And prices are falling .
[00:00:45.000 --> 00:00:47.000] Well , interesting , surprising .
[00:00:47.000 --> 00:00:48.000] Everyone is asking why .
[00:00:48.000 --> 00:00:51.000] Maybe we remember the situation during the pandemic ,
[00:00:51.000 --> 00:00:54.000] when fuel was so cheap , because people didn 't buy it ,
[00:00:54.000 --> 00:00:56.000] because they didn 't drive , there was no need .
[00:00:56.000 --> 00:00:59.000] Maybe we have a similar situation , that the demand has fallen .
[00:00:59.000 --> 00:01:05.000] The only logical reason , I think , is what is the main line
[00:01:05.000 --> 00:01:10.000] showing the basis of all economic decisions in the economy .
[00:01:10.000 --> 00:01:12.000] And not only in Poland .
[00:01:12.000 --> 00:01:15.000] Politics and ideology .
[00:01:15.000 --> 00:01:17.000] The elections are coming up ,
[00:01:17.000 --> 00:01:22.000] so the price increases have not positively affected the voters .
[00:01:22.000 --> 00:01:23.000] Low prices ?
[00:01:23.000 --> 00:01:24.000] Definitely .
[00:01:24.000 --> 00:01:28.000] Of course , we are talking about people who can only look at the length of their own nose ,
[00:01:28.000 --> 00:01:32.000] and they have Alzheimer 's and don 't remember what happened yesterday .
[00:01:32.000 --> 00:01:35.000] So they are perfectly voters .
[00:01:35.000 --> 00:01:39.000] So we will lower the fuel prices for a few months , or anything else .
[00:01:39.000 --> 00:01:43.000] Co al , gas , apartments , we will give some prefer ential loans .
[00:01:43.000 --> 00:01:47.000] And they will forget that all the things I mentioned
[00:01:47.000 --> 00:01:51.000] have jumped up several times in recent years .
[00:01:51.000 --> 00:01:56.000] For me as an economist , it is literally a cheek , such a price jump .
[00:01:56.000 --> 00:01:58.000] And it has nothing to do with the economy .
[00:01:58.000 --> 00:02:00.000] It 's pure politics .
[00:02:00.000 --> 00:02:02.000] Mr . Mar ius z , I remember how fuel was getting more expensive .
[00:02:02.000 --> 00:02:07.000] One of the arguments from Or len , who basically decides about fuel prices in Poland ,
[00:02:07.000 --> 00:02:12.000] was that fuel in Poland cannot differ from the price level in Europe ,
[00:02:12.000 --> 00:02:17.000] because we will have path ological situations , that it will be bought , exported .
[00:02:17.000 --> 00:02:22.000] It is just that we live in the border zone and we see crowds of Czech s coming to us to ref uel .
[00:02:22.000 --> 00:02:27.000] From what the media shows , along the German border , the situation is the same .
[00:02:27.000 --> 00:02:32.000] There are even stations that have introduced a limit on the amount of fuel that can be ref uel ed .
[00:02:32.000 --> 00:02:34.000] Only 100 liters .
[00:02:34.000 --> 00:02:36.000] Who can make supplies ?
[00:02:36.000 --> 00:02:38.000] Can it somehow surprise our market ?
[00:02:38.000 --> 00:02:42.000] No , I don 't think it will surprise the market , because as I said ,
[00:02:42.000 --> 00:02:45.000] according to my knowledge , this is a temporary situation ,
[00:02:45.000 --> 00:02:48.000] so it doesn 't really matter long - term .
[00:02:48.000 --> 00:02:52.000] But of course , first of all , these excuses were absurd ,
[00:02:52.000 --> 00:02:56.000] that fuel in Poland must be as expensive as in Europe .
[00:02:56.000 --> 00:02:58.000] This is a total lie .
[00:02:58.000 --> 00:02:59.000] It doesn 't matter .
[00:02:59.000 --> 00:03:04.000] There are methods to sh or ten any speculation , manipulation , etc .
[00:03:04.000 --> 00:03:10.000] We have to burden our citizens as high as the richest countries in Europe .
[00:03:10.000 --> 00:03:14.000] Idi otic idea , having nothing to do with the economy .
[00:03:14.000 --> 00:03:15.000] In no way .
[00:03:15.000 --> 00:03:17.000] So it was just an excuse .
[00:03:17.000 --> 00:03:22.000] K RL is a public company , it has the highest profits in history .
[00:03:22.000 --> 00:03:25.000] Because we paid the highest fuel prices .
[00:03:25.000 --> 00:03:29.000] Of course , these false excuses that they don 't earn better on fuel ,
[00:03:29.000 --> 00:03:33.000] but I remember in an interview I explained how it 's done ,
[00:03:33.000 --> 00:03:36.000] that formally it doesn 't seem to make money on it ,
[00:03:36.000 --> 00:03:38.000] but in fact , billions are made .
[00:03:38.000 --> 00:03:41.000] Here we have , on the other hand , an idiot ic play ,
[00:03:41.000 --> 00:03:44.000] from the point of view of the economist , of course , I say idiot ic ,
[00:03:44.000 --> 00:03:47.000] because for the government it is a brilliant play , of course .
[00:03:47.000 --> 00:03:51.000] When I look at the Germans or Czech s standing in the que ues for fuel in Poland ,
[00:03:51.000 --> 00:03:53.000] I swear I 'm it ching for teeth .
[00:03:53.000 --> 00:03:57.000] If our prices were set thoroughly , we would be happy .
[00:03:57.000 --> 00:04:02.000] Yes , it 's great , we have profits , we sell more , we earn more .
[00:04:02.000 --> 00:04:03.000] Great .
[00:04:03.000 --> 00:04:09.000] But I don 't think these prices should be set economically , in reality .
[00:04:09.000 --> 00:04:13.000] It 's just another electoral sausage we 've seen so many times ,
[00:04:13.000 --> 00:04:16.000] and people with a man ia c 's stubborn ness erase the memory
[00:04:16.000 --> 00:04:19.000] that every government does the same ,
[00:04:19.000 --> 00:04:21.000] and then everything goes back to normal ,
[00:04:21.000 --> 00:04:24.000] so again these increases , again the scandal , and so on .
[00:04:24.000 --> 00:04:26.000] It 's funny .
[00:04:26.000 --> 00:04:30.000] As for the Czech s , I 'll quote one of the publications I 've read recently .
[00:04:30.000 --> 00:04:34.000] " The Czech s have probably the worst government in history .
[00:04:34.000 --> 00:04:37.000] There is not a single economist in the government ."
[00:04:37.000 --> 00:04:40.000] This is the path ology of so - called democracy for me ,
[00:04:40.000 --> 00:04:44.000] that everyone is ruled by people who know nothing but talking ,
[00:04:44.000 --> 00:04:45.000] that is , politics .
[00:04:45.000 --> 00:04:47.000] And suddenly it comes to such an absurd ity ,
[00:04:47.000 --> 00:04:49.000] that a great Czech economy ,
[00:04:49.000 --> 00:04:51.000] because the Czech s really had a very nice economy ,
[00:04:51.000 --> 00:04:54.000] a lot better than the Polish economy , to be more interesting ,
[00:04:54.000 --> 00:04:56.000] but a much smaller country .
[00:04:56.000 --> 00:05:00.000] And suddenly it turns out that one absurd government is enough ,
[00:05:00.000 --> 00:05:02.000] and the Czech s see it , they protest ,
[00:05:02.000 --> 00:05:05.000] the society is really very upset ,
[00:05:05.000 --> 00:05:07.000] they are right ,
[00:05:07.000 --> 00:05:13.000] but I 'm surprised that the Pol es accept the government of people who know nothing .
[00:05:13.000 --> 00:05:17.000] Well , if you look at all these people in the highest positions one by one ,
[00:05:17.000 --> 00:05:19.000] and tell me what they can do ,
[00:05:19.000 --> 00:05:22.000] so really , what they have shown in their lives ,
[00:05:22.000 --> 00:05:24.000] they did something , they created something ,
[00:05:24.000 --> 00:05:27.000] in most cases , when I look at the lives of these people ,
[00:05:27.000 --> 00:05:29.000] I want to laugh ,
[00:05:29.000 --> 00:05:33.000] they are just some officials of political rank ,
[00:05:33.000 --> 00:05:37.000] great - a unts or descendants of some officials or S . B . officers ,
[00:05:37.000 --> 00:05:39.000] and these are the so - called resort children .
[00:05:39.000 --> 00:05:41.000] How are they supposed to rule well ?
[00:05:41.000 --> 00:05:43.000] " Mr . Mar ys ia , you do not appreciate the Polish government , evident ly ,
[00:05:43.000 --> 00:05:46.000] while the Czech s who come to us for shopping ,
[00:05:46.000 --> 00:05:49.000] complain about their own , but praise us , because they have it cheap .
[00:05:49.000 --> 00:05:53.000] So maybe this is a sign that our government is ruling well ."
[00:05:53.000 --> 00:05:55.000] Great , you took it ,
[00:05:55.000 --> 00:06:00.000] so maybe let 's explain that the Polish government is good for the inhabitants of the Czech Republic .
[00:06:00.000 --> 00:06:03.000] It is one of the best governments for the Czech s ,
[00:06:03.000 --> 00:06:05.000] which is a theoretically Polish government .
[00:06:05.000 --> 00:06:07.000] It is also the best government for the Ukrain ians ,
[00:06:07.000 --> 00:06:10.000] being a theoretically Polish government .
[00:06:10.000 --> 00:06:12.000] It is also the best government for the Germans ,
[00:06:12.000 --> 00:06:13.000] being a Polish government .
[00:06:13.000 --> 00:06:19.000] And suddenly it turns out that our governments are brilliant for all the nations around ,
[00:06:19.000 --> 00:06:21.000] except for the Pol es .
[00:06:21.000 --> 00:06:24.000] I invite you to the break , we will be back in a moment .
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[00:06:58.000 --> 00:07:00.000] What is going on , Mr . Mar ius z ?
[00:07:00.000 --> 00:07:02.000] Mr . Mar ius z , our weekly guest ,
[00:07:02.000 --> 00:07:05.000] today we are talking about miracles at the distributor ,
[00:07:05.000 --> 00:07:07.000] and about other miracles .
[00:07:07.000 --> 00:07:10.000] The government has made one more surprise for the drivers ,
[00:07:10.000 --> 00:07:14.000] and this information somehow passed , in my opinion , a bit un not iced .
[00:07:14.000 --> 00:07:18.000] On January 1 , E 95 petrol , the most popular petrol ,
[00:07:18.000 --> 00:07:20.000] fueled by drivers ,
[00:07:20.000 --> 00:07:24.000] will be sold only with a 10 % add it iv e of bio f uel .
[00:07:24.000 --> 00:07:27.000] Currently , such an additive is 5 %.
[00:07:27.000 --> 00:07:32.000] The Deputy Minister of Agriculture explained that this is to improve the situation of Polish farmers ,
[00:07:32.000 --> 00:07:36.000] who have a hard time , because they have to compete with Ukrainian grain ,
[00:07:36.000 --> 00:07:41.000] so they will have an additional surplus on rap ese ed , corn , bad grain .
[00:07:41.000 --> 00:07:46.000] My question is , does a higher fuel add it iv e give anything to drivers ,
[00:07:46.000 --> 00:07:48.000] because there are the most drivers in the country ,
[00:07:48.000 --> 00:07:53.000] or , for example , it can mean lower fuel prices , because I have heard such comments before .
[00:07:53.000 --> 00:07:57.000] I definitely think that it will not lower the fuel price at all ,
[00:07:57.000 --> 00:08:00.000] because lowering the quality
[00:08:00.000 --> 00:08:05.000] almost never results in lowering the price ,
[00:08:05.000 --> 00:08:08.000] because that is not the purpose of these procedures .
[00:08:08.000 --> 00:08:11.000] The point is to increase profits .
[00:08:11.000 --> 00:08:17.000] Of course , the fairy tale about how we will support farmers
[00:08:17.000 --> 00:08:20.000] by lowering the quality of fuel ,
[00:08:20.000 --> 00:08:25.000] we can do the same with cheese , milk , eggs .
[00:08:25.000 --> 00:08:27.000] Let 's sell ? ? of an egg ,
[00:08:27.000 --> 00:08:31.000] we will add half of the cheese to the sand .
[00:08:31.000 --> 00:08:33.000] These are just absurd for me .
[00:08:33.000 --> 00:08:38.000] I don 't know if someone in common sense will really accept such arguments .
[00:08:38.000 --> 00:08:41.000] It doesn 't make any sense , from any point of view .
[00:08:41.000 --> 00:08:43.000] If our farmers are not able to sustain themselves ,
[00:08:43.000 --> 00:08:47.000] then something is wrong with agriculture , not with fuel .
[00:08:47.000 --> 00:08:51.000] Are we going to fix one industry by spo iling another ?
[00:08:51.000 --> 00:08:53.000] Mr . Major , the argument is this .
[00:08:53.000 --> 00:08:55.000] Because there will be more bio f uel in fuel ,
[00:08:55.000 --> 00:08:59.000] so we won 't have to buy so much rap ese ed in world markets .
[00:08:59.000 --> 00:09:02.000] We will buy half a million tons of various types of grain ,
[00:09:02.000 --> 00:09:06.000] convert it into alcohol , bio eth an ol , add it to fuel and sell it .
[00:09:06.000 --> 00:09:08.000] But why ?
[00:09:08.000 --> 00:09:10.000] If we don 't want to buy fuel ,
[00:09:10.000 --> 00:09:13.000] then let 's just stop driving cars to get fuel .
[00:09:13.000 --> 00:09:16.000] Okay , I understand that , I have no problem with that .
[00:09:16.000 --> 00:09:19.000] Only if we want to drive cars to get fuel ,
[00:09:19.000 --> 00:09:23.000] then maybe we will secure fuel for these cars , that 's all .
[00:09:23.000 --> 00:09:26.000] We have one of the largest fuel companies in Europe .
[00:09:26.000 --> 00:09:29.000] And we suddenly announce to the world ,
[00:09:29.000 --> 00:09:32.000] that after we created such a gigantic company ,
[00:09:32.000 --> 00:09:34.000] with the active help of the government ,
[00:09:34.000 --> 00:09:37.000] suddenly , actually , we can 't afford to buy fuel .
[00:09:37.000 --> 00:09:39.000] It all doesn 't make any sense .
[00:09:39.000 --> 00:09:42.000] I say , this argument doesn 't reach me at all ,
[00:09:42.000 --> 00:09:44.000] to the smallest degree ,
[00:09:44.000 --> 00:09:47.000] and it only shows the absurd ity of the people who speak .
[00:09:47.000 --> 00:09:50.000] It really doesn 't make sense , from the point of view of the economy .
[00:09:50.000 --> 00:09:52.000] But the defense of Polish agriculture ,
[00:09:52.000 --> 00:09:54.000] Polish producers of grain ,
[00:09:54.000 --> 00:09:56.000] is the main argument ,
[00:09:56.000 --> 00:10:00.000] for which the government has introduced an embargo on grain from Ukraine .
[00:10:00.000 --> 00:10:02.000] We did it on our own ,
[00:10:02.000 --> 00:10:04.000] because four months ago ,
[00:10:04.000 --> 00:10:06.000] the European Commission introduced such an embargo ,
[00:10:06.000 --> 00:10:09.000] but now it has not agreed to extend it .
[00:10:09.000 --> 00:10:12.000] We already have the first announcements of the Ukrainian government ,
[00:10:12.000 --> 00:10:14.000] which , however , have been ton ed recently ,
[00:10:14.000 --> 00:10:16.000] that there will be a response ,
[00:10:16.000 --> 00:10:21.000] and that this response will be an embargo on import of Polish vegetables and fruits by Ukraine .
[00:10:21.000 --> 00:10:24.000] So what ? We are preparing for a war of purpose .
[00:10:24.000 --> 00:10:27.000] Mr . Mar ius z , who are the war s of purpose worth ?
[00:10:27.000 --> 00:10:31.000] You know what ? I 'm a bit skeptical when it comes to the statements of politicians .
[00:10:31.000 --> 00:10:35.000] Because , finally , facts are the most important in life , not words .
[00:10:35.000 --> 00:10:37.000] The facts are that there are elections .
[00:10:37.000 --> 00:10:40.000] The facts are that the same government ,
[00:10:40.000 --> 00:10:43.000] which is now so loudly announcing how it will defend Polish farmers ,
[00:10:43.000 --> 00:10:45.000] has allowed for years ,
[00:10:45.000 --> 00:10:47.000] or even actively ,
[00:10:47.000 --> 00:10:51.000] has created an environment for destroying Polish agriculture ,
[00:10:51.000 --> 00:10:53.000] among other things , this grain .
[00:10:53.000 --> 00:10:56.000] Do you know when the subject of Ukrainian grain came up ?
[00:10:56.000 --> 00:10:58.000] When the protests of farmers began .
[00:10:58.000 --> 00:11:00.000] Where were the ministers at that time ?
[00:11:00.000 --> 00:11:02.000] Where was the government ?
[00:11:02.000 --> 00:11:08.000] And do you know who is behind this mass selling of grain to Poland , among others ?
[00:11:08.000 --> 00:11:12.000] Ukrainian ol ig arch s , or the mafia .
[00:11:12.000 --> 00:11:15.000] And this was toler ated by the Polish government ,
[00:11:15.000 --> 00:11:17.000] and the ministers of agriculture were blind ,
[00:11:17.000 --> 00:11:19.000] and the Polish government was blind , and this time stopped .
[00:11:19.000 --> 00:11:22.000] Until the end , the farmers could not stand it , they began to rebel .
[00:11:22.000 --> 00:11:26.000] And then suddenly the government said , " No , we are against it ."
[00:11:26.000 --> 00:11:29.000] When there is no way out , and the elections are still going on ,
[00:11:29.000 --> 00:11:34.000] suddenly the first just government , the Polish government , begins to shout the loud est .
[00:11:34.000 --> 00:11:36.000] " We will defend agriculture ."
[00:11:36.000 --> 00:11:39.000] And where have you been all these years ?
[00:11:39.000 --> 00:11:43.000] The good news is , Mr . Mar ius z , that the government , however , is bending over before social protests .
[00:11:43.000 --> 00:11:45.000] This is a very bad news , sir .
[00:11:45.000 --> 00:11:48.000] Because it means that the government does not know what it is doing ,
[00:11:48.000 --> 00:11:52.000] and secondly , that people are so pissed off that they protest against the government .
[00:11:52.000 --> 00:11:57.000] If the government were doing a sensible thing , it would not have a reason to bend over before anything ,
[00:11:57.000 --> 00:11:59.000] because first , there would be no protests ,
[00:11:59.000 --> 00:12:02.000] secondly , it would know what it is doing , and say , " Listen , this is good for us , because here , here and here ."
[00:12:02.000 --> 00:12:05.000] And you will see the effects of our wise actions .
[00:12:05.000 --> 00:12:08.000] It is exactly the opposite .
[00:12:08.000 --> 00:12:11.000] The government is bending over because it was doing wrong .
[00:12:11.000 --> 00:12:14.000] It was har ming our economy , har ming Polish agriculture .
[00:12:14.000 --> 00:12:17.000] And people had had enough of it .
[00:12:17.000 --> 00:12:24.000] Mr . Mar ius z , as a result of this grain crisis , we have a clear , at least media cooling of Polish - U k rain ian relations .
[00:12:24.000 --> 00:12:28.000] There are even announcements of withdraw ing from various forms of financial support ,
[00:12:28.000 --> 00:12:32.000] from which Ukrainian citizens living in Poland use .
[00:12:32.000 --> 00:12:35.000] What would be the economic consequences of this ?
[00:12:35.000 --> 00:12:39.000] Absolutely none , because as I analyze it , it is only a media game for me .
[00:12:39.000 --> 00:12:44.000] You know that Polish people , fighting in the Second World War for England ,
[00:12:44.000 --> 00:12:51.000] dying for England , had to pay around 108 million pounds .
[00:12:51.000 --> 00:12:58.000] We had to give back gold reserves , tons of gold that were stored in Canada , as far as I remember ,
[00:12:58.000 --> 00:13:03.000] for letting us be murdered in the defense of Great Britain .
[00:13:03.000 --> 00:13:10.000] And now the second fact . Do you know how Ukrainian gold resources changed during the war ?
[00:13:10.000 --> 00:13:12.000] Please guess three times .
[00:13:12.000 --> 00:13:16.000] I don 't have a great possibility . They either increased or decreased , or they are the same .
[00:13:16.000 --> 00:13:21.000] You won , of course . The country destroyed by the war is getting richer .
[00:13:21.000 --> 00:13:29.000] The gold reserves in one of the latest data of the National Bank of Ukraine have increased to the highest level in history .
[00:13:29.000 --> 00:13:35.000] 39 billion dollars . They are getting richer , we are getting poorer , sir .
[00:13:35.000 --> 00:13:38.000] Only they have wars , and we have peace , we have a developing economy .
[00:13:38.000 --> 00:13:43.000] So the longer Ukraine leads the war , the more gold they have , and in Poland it is getting worse .
[00:13:43.000 --> 00:13:47.000] And we are keeping millions of Ukrain ians , because we " help " them .
[00:13:47.000 --> 00:13:52.000] You know , that there were revealed illegal connections and b rib es , literally ,
[00:13:52.000 --> 00:13:57.000] from Ukrainian ol ig arch s to the son of President Biden .
[00:13:57.000 --> 00:14:05.000] Those ol ig arch s are dealing with the trade of fuel , grain , land .
[00:14:05.000 --> 00:14:14.000] I remind you , the closest environment of President Zel ens ki was trading Putin 's coal on a gigantic scale .
[00:14:14.000 --> 00:14:23.000] And we are such saints , and we cut off the evil Putin , his evil coal , because we will be saints from the Pope .
[00:14:23.000 --> 00:14:27.000] So they have no problem with this coal , with its trade .
[00:14:27.000 --> 00:14:33.000] They are pushing their grain into us , not of the highest quality , to make it clear , destroying our economy .
[00:14:33.000 --> 00:14:36.000] A simple quiz for you .
[00:14:36.000 --> 00:14:45.000] If the Ukrain ians could afford to buy the son of the US President , they would not be able to afford to buy officials from Poland .
[00:14:45.000 --> 00:14:50.000] Please call with the answers to the phone that the editor will give at the end of the broadcast .
[00:14:50.000 --> 00:14:55.000] Mrs . Mar ius z , break number two . We 'll be back in a moment and we will finish our broadcast .
[00:14:55.000 --> 00:14:56.000] Thank you .
[00:14:56.000 --> 00:14:59.000] The end of the broadcast .
[00:14:59.000 --> 00:15:02.000] The end of the broadcast .
[00:15:27.000 --> 00:15:29.000] What 's the news , Mrs . Mar ius z ?
[00:15:29.000 --> 00:15:31.000] Mar ius z Stef ani ak , economist , finan c ial expert .
[00:15:31.000 --> 00:15:38.000] Today we are talking about various aspects of international , economic , political contacts with our closest neighbors .
[00:15:38.000 --> 00:15:45.000] Mrs . Mar ius z , it is not a secret that we have to prepare for the fact that we will be competing with Ukraine .
[00:15:45.000 --> 00:15:51.000] Since the outbreak of the war , it has become more and more popular to say that Ukraine will sooner or later join the European Union ,
[00:15:51.000 --> 00:15:58.000] that is , it will join the European Community , a common market , without customs , without any restrictions on the movement of people ,
[00:15:58.000 --> 00:16:01.000] the flow of goods , services , etc .
[00:16:01.000 --> 00:16:05.000] Ukraine has much greater opportunities when it comes to agriculture , for example .
[00:16:05.000 --> 00:16:13.000] How have we used the last year and a half to prepare for the upcoming economic competition with Ukraine ?
[00:16:13.000 --> 00:16:18.000] What is the basis of accepting a member of the Community ?
[00:16:18.000 --> 00:16:26.000] Only the fulfillment of a long list of political , legal and economic claims .
[00:16:26.000 --> 00:16:28.000] Let us recall the facts .
[00:16:28.000 --> 00:16:35.000] Ukraine is the most corrupt country in Europe , ruled for years by ol ig arch s and various kinds of mafia .
[00:16:35.000 --> 00:16:43.000] I can 't imagine any situation when such an entity would be in the near future
[00:16:43.000 --> 00:16:53.000] and be qualified to accept the same structures as France , Germany , Poland or Hungary .
[00:16:53.000 --> 00:16:58.000] Because the rule of law in Ukraine simply does not exist .
[00:16:58.000 --> 00:17:03.000] And such a country should be next to us and next to other European countries ?
[00:17:03.000 --> 00:17:09.000] And use huge European funds for leveling levels , for support for various sectors .
[00:17:09.000 --> 00:17:12.000] Huge money would flow from the Union to Ukraine then .
[00:17:12.000 --> 00:17:15.000] Yes , but that is the problem .
[00:17:15.000 --> 00:17:18.000] Let 's look at the gigantic sc ams .
[00:17:18.000 --> 00:17:26.000] In Poland , this is not discussed at all , but in the US , it is not a secret that billions of dollars are stolen .
[00:17:26.000 --> 00:17:27.000] There is no other word for it .
[00:17:27.000 --> 00:17:32.000] St olen from the humanitarian and military aid for Ukraine .
[00:17:32.000 --> 00:17:36.000] Let us recall the whole basis of what we are talking about here .
[00:17:36.000 --> 00:17:45.000] The President of Ukraine was introduced to the media and politics , finan ced by the richest Ukrainian ol ig arch .
[00:17:45.000 --> 00:17:47.000] I hor Kol mo ys ki , to be precise .
[00:17:47.000 --> 00:17:51.000] Who is the president of the United Jewish Community .
[00:17:51.000 --> 00:18:00.000] And he chose Ukrainian Jew , Zel ens ki , to be the highest official in the country .
[00:18:00.000 --> 00:18:09.000] I understand that he did it only out of concern for democracy in Ukraine , rule of law and the good of Ukrainian citizens .
[00:18:09.000 --> 00:18:11.000] But my question was directed in this direction .
[00:18:11.000 --> 00:18:13.000] How do we prepare for this ?
[00:18:13.000 --> 00:18:22.000] Do we have any clear policy regarding the fact of la un ching the Union 's membership of Ukraine in the European Union ?
[00:18:22.000 --> 00:18:30.000] The only preparation from the economic point of view , that would make sense , is the exit from the European Union .
[00:18:30.000 --> 00:18:34.000] Because when Ukraine enters the Union , the exit is the only option .
[00:18:34.000 --> 00:18:36.000] There is no other .
[00:18:36.000 --> 00:18:46.000] If such an entity as Ukraine would enter the Union 's structure , it would be the last fall of the Union on every possible field .
[00:18:46.000 --> 00:18:52.000] The Union is a solution , because it is absurd on many levels .
[00:18:52.000 --> 00:18:54.000] And it is bankrupt , physically bankrupt .
[00:18:54.000 --> 00:18:56.000] From the point of view of the economy , the Union is bankrupt .
[00:18:56.000 --> 00:18:59.000] There is no doubt about it .
[00:18:59.000 --> 00:19:03.000] The whole structure of the Union is degener ated .
[00:19:03.000 --> 00:19:08.000] But the entry of Ukraine would be the last nail in the coffin , in my opinion .
[00:19:08.000 --> 00:19:15.000] Mr . Mar ius z , at the end , to relax the atmosphere , I would like to ask you about one more fresh event .
[00:19:15.000 --> 00:19:21.000] Nam ely , the recent decision of the Council of Finance , which lowered the interest rates .
[00:19:21.000 --> 00:19:25.000] Which , in turn , caused a sudden drop in the gold exchange rate .
[00:19:25.000 --> 00:19:27.000] The goal is to have cheaper loans in Poland .
[00:19:27.000 --> 00:19:29.000] Will it be good for the economy ?
[00:19:29.000 --> 00:19:34.000] Or after the elections , because it is probably also an electoral step , it will be a blow to us ?
[00:19:34.000 --> 00:19:38.000] I suspect that this is another electoral sausage .
[00:19:38.000 --> 00:19:43.000] Even if it wasn 't , I admit that I don 't focus on such news at all .
[00:19:43.000 --> 00:19:52.000] Because it makes sense to analyze only when the state economy is being run sens ibly .
[00:19:52.000 --> 00:19:56.000] And not some crazy political - ide ological nonsense .
[00:19:56.000 --> 00:20:02.000] And j uggling the state 's wealth and digging into the pockets of Pol es , which I have been observing for years .
[00:20:02.000 --> 00:20:06.000] I quote literally all political options , not just one .
[00:20:06.000 --> 00:20:11.000] And the only government I can safely say that did not harm the Polish economy .
[00:20:11.000 --> 00:20:16.000] And even was able to help it , it was the Ol sz ew ski government .
[00:20:16.000 --> 00:20:20.000] It took some useful actions for Pol es .
[00:20:20.000 --> 00:20:27.000] For example , it stopped the so - called privat ization , i . e . the theft of various cl iques of gigantic state property for free .
[00:20:27.000 --> 00:20:34.000] Let 's add for the beginning that everything was level ed , all these wise arrangements by subsequent governments .
[00:20:34.000 --> 00:20:41.000] I would like to remind you that the overthrow of the Ol sz ew ski government took place in an extraordinary mode - at night .
[00:20:41.000 --> 00:20:50.000] I encourage each of you to watch the film " N ight Change " before the elections .
[00:20:50.000 --> 00:20:53.000] And think deeply about your political sympath ies .
[00:20:53.000 --> 00:20:59.000] Because in the end , only economic facts matter , not political slog ans .
[00:20:59.000 --> 00:21:05.000] Thank you very much for our conversation , economist , financi er Mar ius z Stef ani ak , our weekly guest .
[00:21:05.000 --> 00:21:10.000] And I will remind you of our phone number if anyone of you would like to call and answer the question in the quiz .
[00:21:10.000 --> 00:21:14.000] Or just give us your comments on our hearing .
[00:21:14.000 --> 00:21:19.000] Our phone number is 5 36 - 28 6 - 28 6 .
[00:21:19.000 --> 00:21:23.000] You can record yourself all day . The program was led by Kr z ysz to f Stra uch man .
[00:21:23.000 --> 00:21:24.000] See you !
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[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the news , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear again ?
[00:00:12.000 --> 00:00:19.000] Mr . Mar ius z is Mar ius z Stef ani ak , economist , finan c ial advisor , president of the " W i ? cej M ?d ro ?ci " foundation and our weekly guest .
[00:00:19.000 --> 00:00:24.000] Today we are talking about the economic effects of the war on Russia .
[00:00:24.000 --> 00:00:30.000] I have been reading the last year 's economic publications , articles right after the outbreak of the war in Ukraine ,
[00:00:30.000 --> 00:00:37.000] which reported the effects of the economic sanctions imposed by the West on Russia .
[00:00:37.000 --> 00:00:44.000] Right after the sanctions were introduced , it was written that they would actually cause a rapid decline in the Russian economy .
[00:00:44.000 --> 00:00:47.000] Half a year later , the narrative changed a bit .
[00:00:47.000 --> 00:00:52.000] For example , CNN admitted last August that the sanctions had not worked .
[00:00:52.000 --> 00:00:54.000] But it hasn 't worked yet .
[00:00:54.000 --> 00:01:00.000] But in fact , the economy in Russia is falling , only slowly and finally it will fall .
[00:01:00.000 --> 00:01:03.000] Today we are a year and a half after the outbreak of the war .
[00:01:03.000 --> 00:01:10.000] From what I checked in the economic data in Russia , this year the increase in the GDP was reported .
[00:01:10.000 --> 00:01:13.000] What 's the deal , Mr . Mar ius z ? Why aren 't the sanctions working ?
[00:01:13.000 --> 00:01:16.000] You know what ? There are two options .
[00:01:16.000 --> 00:01:21.000] Either it 's a miracle , or the media is just telling us nonsense .
[00:01:21.000 --> 00:01:24.000] There are similar lies told to us everywhere , at the very beginning .
[00:01:24.000 --> 00:01:32.000] As soon as the Russian troops are destroyed , they run away , they surrender en masse , they have no equipment ,
[00:01:32.000 --> 00:01:35.000] and we just wait for a quick victory of Ukraine .
[00:01:35.000 --> 00:01:36.000] It was a year ago .
[00:01:36.000 --> 00:01:40.000] I look at the front line and well ...
[00:01:40.000 --> 00:01:47.000] It reminds me of what three things are the most important for the effective war .
[00:01:47.000 --> 00:01:51.000] Money , money and money . It 's Napoleon , he said .
[00:01:51.000 --> 00:01:52.000] Exactly .
[00:01:52.000 --> 00:01:58.000] And today I would like to look at these three things , which are necessary for the war .
[00:01:58.000 --> 00:02:00.000] Let 's start with a few facts .
[00:02:00.000 --> 00:02:06.000] Russia is the sixth power in the world and the fourth in Asia , in terms of purchasing power .
[00:02:06.000 --> 00:02:11.000] It is included , which is important , in developing economies .
[00:02:11.000 --> 00:02:20.000] 2 . The Russian economy has a great potential for growth , even if it has the largest resources of natural resources in the world .
[00:02:20.000 --> 00:02:29.000] 3 . Oil and natural gas in Russia are produced without so - called quot as , i . e . imposed by the O PE C .
[00:02:29.000 --> 00:02:36.000] It has such great consequences for the entire economy and for our lives that you don 't even suspect it .
[00:02:36.000 --> 00:02:42.000] 4 . Russia is one of three , and recently it was the largest , oil producer in the world .
[00:02:42.000 --> 00:02:48.000] 5 . Russia is the largest exp orter of heavy conventional weapons in the world .
[00:02:48.000 --> 00:02:54.000] And it is about 20 % of all jobs in the industrial sector .
[00:02:54.000 --> 00:03:01.000] The war is not able to harm the Russian industry , because they live from it .
[00:03:01.000 --> 00:03:07.000] Mr . Mar ius z , there are some indicators , for example , the Money . pl portal in mid - A ug ust this year ,
[00:03:07.000 --> 00:03:15.000] which is quite recently , gave information that the Russian currency is weak ening , that the Russian state 's budget deficit is growing and inflation is growing .
[00:03:15.000 --> 00:03:21.000] These are some indicators showing that the economy is not good , it is not doing well .
[00:03:21.000 --> 00:03:28.000] Gaz prom , according to the calculations I saw , has greatly reduced the level of profits it has achieved this year .
[00:03:28.000 --> 00:03:31.000] Isn 't this a result of sanctions ?
[00:03:31.000 --> 00:03:35.000] Would you like the state to have better indicators during the war than without war ?
[00:03:35.000 --> 00:03:44.000] After 2014 , half of the total foreign debt to the reserve currencies fell in Russia .
[00:03:44.000 --> 00:03:53.000] This only showed that the state became less dependent on foreign finance and on the international financial relations .
[00:03:53.000 --> 00:04:01.000] It is one of the last independent countries in Europe from the economic mafia ,
[00:04:01.000 --> 00:04:04.000] which is above the governments , above the law .
[00:04:04.000 --> 00:04:06.000] They tell the governments what to do .
[00:04:06.000 --> 00:04:15.000] So Russia is currently independent and was and is one of the largest economic forces in the world .
[00:04:15.000 --> 00:04:22.000] In addition , 80 % of exports are mineral and wood - based raw materials .
[00:04:22.000 --> 00:04:27.000] Russia has one of the smallest public debt indicators in the world .
[00:04:27.000 --> 00:04:35.000] This means that as one of the few , it can really afford it , it can manage .
[00:04:35.000 --> 00:04:37.000] It has smaller amounts , but it has ...
[00:04:37.000 --> 00:04:39.000] I had a comparison with a neighbor .
[00:04:39.000 --> 00:04:42.000] The neighbor has a nicer car , a nicer house , but everything on credit .
[00:04:42.000 --> 00:04:46.000] In a situation when it is bad , I don 't know , both of you will lose your jobs .
[00:04:46.000 --> 00:04:48.000] Who will have it worse ? Such simple questions for you .
[00:04:48.000 --> 00:04:53.000] Well , the loan will probably be due to the neighbor who has better looking things .
[00:04:53.000 --> 00:04:55.000] This is exactly Russia and the USA .
[00:04:55.000 --> 00:05:00.000] The USA is this rich , in quotation marks , neighbor , who is simply terribly in de bt ed .
[00:05:00.000 --> 00:05:05.000] It 's amazing how Russia is practically economically independent ,
[00:05:05.000 --> 00:05:09.000] that is , it has the money it has and the money it spends , it really has .
[00:05:09.000 --> 00:05:14.000] Well , but maybe the reason for all this is that it was not possible at the very beginning ,
[00:05:14.000 --> 00:05:18.000] from the very beginning , to effectively isolate Russia .
[00:05:18.000 --> 00:05:21.000] There is a whole group of countries that trade with Russia .
[00:05:21.000 --> 00:05:24.000] And maybe that 's why these economic penalties don 't work .
[00:05:24.000 --> 00:05:28.000] You know what , maybe let 's say one word that will change everything .
[00:05:28.000 --> 00:05:30.000] BR IC S .
[00:05:30.000 --> 00:05:38.000] What no one actually says , no one writes , and certainly does not show this in the right scale .
[00:05:38.000 --> 00:05:44.000] This is a new union , only such an international union and a union of real interests .
[00:05:44.000 --> 00:05:49.000] They founded it , Brazil , Russia , India , China and South Africa .
[00:05:49.000 --> 00:05:51.000] Now it has joined a few new countries .
[00:05:51.000 --> 00:05:56.000] We are talking about the fact that these are the countries that are actually producing something .
[00:05:56.000 --> 00:06:01.000] And not only are they intermedi aries , traders , spec ulators ,
[00:06:01.000 --> 00:06:06.000] who pump their gigantic budgets through financial operations ,
[00:06:06.000 --> 00:06:08.000] that is , operations on a computer , in short .
[00:06:08.000 --> 00:06:12.000] There is nothing there that would really stand behind it , behind this power .
[00:06:12.000 --> 00:06:16.000] Probably a new currency will be created soon , which you probably don 't know yet ,
[00:06:16.000 --> 00:06:18.000] but if you find out it will be too late .
[00:06:18.000 --> 00:06:23.000] Soon the dollar will cease to be , it is already ce asing to be the most important currency in the world .
[00:06:23.000 --> 00:06:27.000] Russia has prepared well for the war , ladies and gentlemen .
[00:06:27.000 --> 00:06:30.000] They have gigantic foreign exchange reserves .
[00:06:30.000 --> 00:06:36.000] Russia has 2 , 300 tons of gold , officially , I assume they have much more .
[00:06:36.000 --> 00:06:43.000] Let 's add to this , ladies and gentlemen , the g ig antic political and business infl u ences in Africa .
[00:06:43.000 --> 00:06:47.000] Do you remember this P ry gor zy n 's death , his death recently and so on ?
[00:06:47.000 --> 00:06:49.000] This is much , much more , much deeper .
[00:06:49.000 --> 00:06:54.000] Among other things , it is about gigantic amounts in Africa ,
[00:06:54.000 --> 00:07:01.000] among other things , in various types of mines , ref iner ies , where P ry gor zy n , through his companies ,
[00:07:01.000 --> 00:07:07.000] had several dozen percent of the shares giving him billion - dollar revenues .
[00:07:07.000 --> 00:07:12.000] Now , of course , people are taking over Putin and not only that ,
[00:07:12.000 --> 00:07:17.000] they are rapidly expanding their influence on subsequent countries
[00:07:17.000 --> 00:07:21.000] and those in which they had shares and influence are still increasing them .
[00:07:21.000 --> 00:07:26.000] Africa is one of the richest continents when it comes to resources .
[00:07:26.000 --> 00:07:31.000] Russia is gaining , increasing its power , increasing its military strength .
[00:07:31.000 --> 00:07:36.000] Similarly , since the outbreak of the war , Russia 's forces have not diminished , they have increased rapidly .
[00:07:36.000 --> 00:07:40.000] The amount of military equipment has not decreased , it has increased .
[00:07:40.000 --> 00:07:43.000] That 's why I say , it 's terrifying when I look at these media reports
[00:07:43.000 --> 00:07:47.000] and how many people are being fooled .
[00:07:47.000 --> 00:07:52.000] Mr . Mat ius z , I invite you to a moment of break . We will continue our conversation in a moment .
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[00:08:24.000 --> 00:08:26.000] What is being played , Mr . Mat ius z ?
[00:08:26.000 --> 00:08:29.000] Mr . Mat ius z is Mar ius z Stef ani ak , an economist , a finan c ial expert ,
[00:08:29.000 --> 00:08:33.000] the president of the " W i ? cej M ?d ro ?ci " Foundation and our weekly guest ,
[00:08:33.000 --> 00:08:37.000] with whom we are talking today about the economic consequences of the war for Russia .
[00:08:37.000 --> 00:08:39.000] I would like to give a local example .
[00:08:39.000 --> 00:08:43.000] In my city , for 100 years , there has been a company , not a large one ,
[00:08:43.000 --> 00:08:46.000] employ ing less than 100 people , but stable .
[00:08:46.000 --> 00:08:50.000] It produced valves , it was bought by a larger company ,
[00:08:50.000 --> 00:08:55.000] which had several plants and one of the other plants exported to Russia .
[00:08:55.000 --> 00:09:00.000] After the war , it lost these markets , it qualified for closure .
[00:09:00.000 --> 00:09:03.000] It was easier for the company to liquid ate the peripheral plant ,
[00:09:03.000 --> 00:09:06.000] somewhere remote , to transfer its production to its plant .
[00:09:06.000 --> 00:09:09.000] The effect is that 100 people have nowhere to work .
[00:09:09.000 --> 00:09:13.000] Do you know any example of a Russian company that , due to economic sanctions ,
[00:09:13.000 --> 00:09:16.000] which fell due to the war in Ukraine ?
[00:09:16.000 --> 00:09:19.000] I know a lot of examples that have fallen .
[00:09:19.000 --> 00:09:21.000] For example , L ada .
[00:09:21.000 --> 00:09:26.000] Due to the fact that Russia does not produce many specialized , advanced sub - un its ,
[00:09:26.000 --> 00:09:28.000] mainly mechanical or electronic .
[00:09:28.000 --> 00:09:30.000] Anyway , China has a similar problem .
[00:09:30.000 --> 00:09:36.000] However , it is not Russia that is lost in all these sanctions and all this war ,
[00:09:36.000 --> 00:09:37.000] but Europe and the USA .
[00:09:37.000 --> 00:09:43.000] Let us remind you that 46 out of 60 foreign producers in Russia have disappeared .
[00:09:43.000 --> 00:09:46.000] For example , Rena ult , a well - known company ,
[00:09:46.000 --> 00:09:53.000] has recently invested over 2 billion euros and gave it for 1 ru ble .
[00:09:53.000 --> 00:09:56.000] These are the times , and they say how weak the ru ble is .
[00:09:56.000 --> 00:09:59.000] You see , you can buy a 2 - b illion - dollar investment with 1 ru ble ,
[00:09:59.000 --> 00:10:01.000] the whole modern factory .
[00:10:01.000 --> 00:10:04.000] However , the Chinese enter the market en masse .
[00:10:04.000 --> 00:10:07.000] There is a gap in Western companies .
[00:10:07.000 --> 00:10:11.000] As you say , a lot of companies in the EU countries are falling ,
[00:10:11.000 --> 00:10:15.000] because they were gaining a significant amount in trade with Russia ,
[00:10:15.000 --> 00:10:17.000] which was very profitable for us .
[00:10:17.000 --> 00:10:19.000] What is all this for ?
[00:10:19.000 --> 00:10:22.000] Russian export is based on coal and coal .
[00:10:22.000 --> 00:10:25.000] The ban on export was to be introduced on coal .
[00:10:25.000 --> 00:10:28.000] Meanwhile , Western countries introduced something else .
[00:10:28.000 --> 00:10:29.000] The maximum price .
[00:10:29.000 --> 00:10:33.000] They pay up to 60 dollars for a barrel of coal from Russia .
[00:10:33.000 --> 00:10:37.000] It is even said to reduce this amount , to reduce Russian profits .
[00:10:37.000 --> 00:10:40.000] Is this a better solution than complete stop p ag e of trade ?
[00:10:40.000 --> 00:10:44.000] Each of these solutions is idiot ic in the economic sense .
[00:10:44.000 --> 00:10:48.000] EU citizens are currently paying high prices for fuel
[00:10:48.000 --> 00:10:50.000] in the name of some ideology ,
[00:10:50.000 --> 00:10:54.000] when business is currently making record profits .
[00:10:54.000 --> 00:10:57.000] Fuel from this evil Putin is still flowing to us ,
[00:10:57.000 --> 00:11:00.000] at least by the Czech Republic , the famous last affair .
[00:11:00.000 --> 00:11:03.000] Before we start to boast about the Czech Republic ,
[00:11:03.000 --> 00:11:05.000] let us remind you that the Ukrain ians themselves ,
[00:11:05.000 --> 00:11:07.000] even from the closest Z elen y environment ,
[00:11:07.000 --> 00:11:09.000] traded oil at Putin en masse ,
[00:11:09.000 --> 00:11:12.000] just like the Ukrainian ol ig arch s .
[00:11:12.000 --> 00:11:15.000] So , without a doubt , others can also ,
[00:11:15.000 --> 00:11:17.000] since the Ukrain ians have no problem with it .
[00:11:17.000 --> 00:11:19.000] But I will quote something better .
[00:11:19.000 --> 00:11:21.000] The title of the Republic of Poland .
[00:11:21.000 --> 00:11:25.000] Ukrainian tanks are powered by Russian oil .
[00:11:25.000 --> 00:11:26.000] End of quote .
[00:11:26.000 --> 00:11:29.000] Russian and Belarus ian oil products
[00:11:29.000 --> 00:11:34.000] have been in the forefront of Ukrainian fuel structures for years .
[00:11:34.000 --> 00:11:38.000] The total share is estimated at 70 - 80 %,
[00:11:38.000 --> 00:11:43.000] that is , almost everyone travels to Russian Europe , to Ukraine .
[00:11:43.000 --> 00:11:45.000] We are here , holy from the Pope , sir .
[00:11:45.000 --> 00:11:47.000] We get rid of cheap and good fuel .
[00:11:47.000 --> 00:11:49.000] The Ukrain ians have no problem with it .
[00:11:49.000 --> 00:11:53.000] We are making historical profits and add companies from the USA .
[00:11:53.000 --> 00:11:57.000] Because they have been experiencing the biggest sl ump for many years .
[00:11:57.000 --> 00:11:59.000] Now , do you remember how at the beginning I said
[00:11:59.000 --> 00:12:02.000] that Russia was once the largest producer ?
[00:12:02.000 --> 00:12:04.000] Now it is the USA , sir .
[00:12:04.000 --> 00:12:06.000] Unfortunately , I 'm not kidding .
[00:12:06.000 --> 00:12:09.000] Or maybe that 's why we have this war .
[00:12:09.000 --> 00:12:14.000] Because a few items from the military fuel team
[00:12:14.000 --> 00:12:16.000] are getting g ig antic ally richer .
[00:12:16.000 --> 00:12:18.000] Let 's add American items .
[00:12:18.000 --> 00:12:22.000] One of the elements of the impact of economic sanctions
[00:12:22.000 --> 00:12:24.000] was the cut off , or was to be the cut off ,
[00:12:24.000 --> 00:12:27.000] of Russia from the transfer of the highest technologies ,
[00:12:27.000 --> 00:12:29.000] modern devices .
[00:12:29.000 --> 00:12:32.000] And it was supposed to bring this country back into development ,
[00:12:32.000 --> 00:12:36.000] or even influence the reduction of their defense or military capabilities .
[00:12:36.000 --> 00:12:39.000] How do you assess the consequences of this kind of restrictions ?
[00:12:39.000 --> 00:12:44.000] It reminds me of everything I 've heard so far about this conflict .
[00:12:44.000 --> 00:12:48.000] We were told at the beginning that Russia was losing from the beginning .
[00:12:48.000 --> 00:12:51.000] Then we were told that the economy was breaking down .
[00:12:51.000 --> 00:12:55.000] And actually , as you said , let 's wait a few months , it will fall soon .
[00:12:55.000 --> 00:12:57.000] Now I 'm telling you the third story ,
[00:12:57.000 --> 00:13:01.000] because of course the first two turned out to be completely , totally unt rue .
[00:13:01.000 --> 00:13:03.000] But what 's going on at this time , sir ?
[00:13:03.000 --> 00:13:05.000] What do people forget about ?
[00:13:05.000 --> 00:13:09.000] Hundreds of billions of dollars are flowing into Ukraine .
[00:13:09.000 --> 00:13:12.000] Someone is making this money , sir .
[00:13:12.000 --> 00:13:14.000] Someone is getting this money .
[00:13:14.000 --> 00:13:16.000] Zel ens ky was in the USA and Canada ,
[00:13:16.000 --> 00:13:19.000] where he was applauding the Ukrainian Nazis .
[00:13:19.000 --> 00:13:21.000] What happened there , everyone ?
[00:13:21.000 --> 00:13:25.000] Zel ens ky said to the Americans , a simple message .
[00:13:25.000 --> 00:13:29.000] Give me 120 billion dollars
[00:13:29.000 --> 00:13:31.000] so that it doesn 't get worse ,
[00:13:31.000 --> 00:13:33.000] because he doesn 't even promise that it will get better .
[00:13:33.000 --> 00:13:36.000] Just to keep the status quo , what it is .
[00:13:36.000 --> 00:13:41.000] How many more years will we put together these hundreds of billions of dollars ,
[00:13:41.000 --> 00:13:44.000] so that Russia has what it has already taken so long ago .
[00:13:44.000 --> 00:13:47.000] What does it make sense ?
[00:13:47.000 --> 00:13:50.000] Remember the magical word BR IC S ,
[00:13:50.000 --> 00:13:53.000] where we are talking about very serious countries ,
[00:13:53.000 --> 00:13:57.000] like India , or huge ones like Brazil , or at least China .
[00:13:57.000 --> 00:14:04.000] They signed a very close economic and political cooperation with Russia .
[00:14:04.000 --> 00:14:08.000] And suddenly you want to say that we are taking all these countries under sanctions .
[00:14:08.000 --> 00:14:10.000] It didn 't even work with stupid oil ,
[00:14:10.000 --> 00:14:13.000] because it flows through Hungary , the Czech Republic , etc .
[00:14:13.000 --> 00:14:15.000] Of course , we don 't buy it .
[00:14:15.000 --> 00:14:20.000] Let this oil flow , but we publicly condemn Putin and his bad oil .
[00:14:20.000 --> 00:14:23.000] But send us the guys , okay ?
[00:14:23.000 --> 00:14:26.000] Mr . Mar ius z , let me tell you one more thing .
[00:14:26.000 --> 00:14:31.000] How did these economic sanctions and war affect the average citizen ,
[00:14:31.000 --> 00:14:33.000] the average Russian ?
[00:14:33.000 --> 00:14:35.000] We saw pictures a year ago ,
[00:14:35.000 --> 00:14:38.000] how well - known restaurants and networks ,
[00:14:38.000 --> 00:14:40.000] McDonald 's , Starbucks , withd rew from Moscow .
[00:14:40.000 --> 00:14:44.000] We know that they certainly can 't buy an American hamburger
[00:14:44.000 --> 00:14:46.000] or drink the famous coffee .
[00:14:46.000 --> 00:14:49.000] But did their standard of living seriously decrease ?
[00:14:49.000 --> 00:14:56.000] You know what , if I were to name two types of sanctions that really brutally affected Russia ,
[00:14:56.000 --> 00:15:01.000] it would be the disappearance of McDonald 's and the ban ning of several social media .
[00:15:01.000 --> 00:15:04.000] It seems that social media replaced their own .
[00:15:04.000 --> 00:15:09.000] Of course , yes , but I 'm talking about the fact that it really affected Russians .
[00:15:09.000 --> 00:15:12.000] In fact , it only worked out for them .
[00:15:12.000 --> 00:15:17.000] And I 'll be honest , I 'm starting to see reports where it turns out that it has only good effects .
[00:15:17.000 --> 00:15:23.000] Because the pictures of Facebook or some other weird , controlled ,
[00:15:23.000 --> 00:15:27.000] as it turns out after the US Congress ,
[00:15:27.000 --> 00:15:32.000] by very strange individuals , in a very strange , un know n method ,
[00:15:32.000 --> 00:15:36.000] for example , by ost ent at ious manipulation of reality ,
[00:15:36.000 --> 00:15:42.000] through Twitter , Facebook , and a lot of other applications ,
[00:15:42.000 --> 00:15:46.000] the American community was deliberately lied to .
[00:15:46.000 --> 00:15:48.000] The Americans are terribly pissed off by this , please believe me .
[00:15:48.000 --> 00:15:50.000] It really hurt them .
[00:15:50.000 --> 00:15:52.000] It was taken away from the Russians .
[00:15:52.000 --> 00:15:57.000] The punishment for Russia is that we will take this harmful tool from you ,
[00:15:57.000 --> 00:16:01.000] which fools you , which manip ulates you , which steals your data .
[00:16:01.000 --> 00:16:04.000] And you are exposed to various attacks by hackers , because that 's how it ended .
[00:16:04.000 --> 00:16:06.000] We got rid of McDonald 's ?
[00:16:06.000 --> 00:16:08.000] Wow , what a punishment .
[00:16:08.000 --> 00:16:11.000] Well , they just crushed Russia .
[00:16:11.000 --> 00:16:18.000] Of course , the Russians got used to it , because it 's convenient , fast , but let 's face it , it 's very unhealthy .
[00:16:18.000 --> 00:16:22.000] I 'd like Poland to ban all these Western social media ,
[00:16:22.000 --> 00:16:26.000] ban McDonald 's , all this mass - produ ced food .
[00:16:26.000 --> 00:16:30.000] Russia will soon have one of the best food in the world .
[00:16:30.000 --> 00:16:34.000] What is supposed to punish Russia , really strength ens and rewards them .
[00:16:34.000 --> 00:16:36.000] Mr . Mar ius z , the second break is ahead of us .
[00:16:36.000 --> 00:16:38.000] We 'll get back to the topic .
[00:16:38.000 --> 00:16:41.000] Don 't miss our next episode .
[00:16:41.000 --> 00:16:43.000] P ARR OT TV
[00:16:43.000 --> 00:16:45.000] P ARR OT TV
[00:17:12.000 --> 00:17:14.000] What 's the score , Mr . Mar ius z ?
[00:17:14.000 --> 00:17:16.000] Mar ius z Stef ani ak , economist , financi er .
[00:17:16.000 --> 00:17:18.000] Today we 're talking about Russia ,
[00:17:18.000 --> 00:17:23.000] a year and a half after the start of the full - scale war , so - called full - scale war in Ukraine .
[00:17:23.000 --> 00:17:28.000] Everyone expects that because of the economic collapse ,
[00:17:28.000 --> 00:17:35.000] this country and its authorities will be more inclined to create a fast and unf avor able peace for themselves .
[00:17:35.000 --> 00:17:41.000] Well , if the sanctions don 't work , if the economic situation in Russia doesn 't get worse ,
[00:17:41.000 --> 00:17:47.000] then the perspective of peace in Ukraine is also fading .
[00:17:47.000 --> 00:17:49.000] I would even say that it doesn 't exist .
[00:17:49.000 --> 00:17:56.000] Currently , Russia has zero motivation to create any peace in any conditions of Ukraine ,
[00:17:56.000 --> 00:17:59.000] except for the conditions that it dict ates .
[00:17:59.000 --> 00:18:07.000] Actually , I would expect the collapse in the USA much faster than in Russia , as a result of this war .
[00:18:07.000 --> 00:18:12.000] The USA is incredibly in debt . Russia practically in general .
[00:18:12.000 --> 00:18:16.000] The USA has a vision of a dollar falling from the position of the leading currency ,
[00:18:16.000 --> 00:18:25.000] and Russia has a vision of strengthening and exporting its currency , whatever it is , to the international arena .
[00:18:25.000 --> 00:18:28.000] The USA has a gigantic internal conflict .
[00:18:28.000 --> 00:18:32.000] I will honestly say that what is happening is the state of internal war .
[00:18:32.000 --> 00:18:38.000] I can practically see some American comment ators who are talking about a new se cession war .
[00:18:38.000 --> 00:18:43.000] One that is basically divided into left and right wing .
[00:18:43.000 --> 00:18:49.000] Not only that , the USA and the EU are facing the invasion of a million immigrants ,
[00:18:49.000 --> 00:18:55.000] who are not going to work there , but for the sake of force , to attack and rob .
[00:18:55.000 --> 00:19:01.000] Let 's put it all together and in my opinion we will see the collapse of the USA and the end of the EU faster .
[00:19:01.000 --> 00:19:06.000] I am not a big fan of Russia , I have never been to Russia , to no extent .
[00:19:06.000 --> 00:19:10.000] The facts are crushing ly un amb iguous .
[00:19:10.000 --> 00:19:13.000] I can only see two scenarios , ladies and gentlemen .
[00:19:13.000 --> 00:19:21.000] The collapse of the USA from the position of the leader on the world economic , political and military scene .
[00:19:21.000 --> 00:19:27.000] And the complete end of the EU , because in my opinion this will be un prot ected .
[00:19:27.000 --> 00:19:35.000] Or the global war as the only method that can reverse this first danger .
[00:19:35.000 --> 00:19:40.000] We talked about the various effects of war and the economic situation , there is also the demographic effect .
[00:19:40.000 --> 00:19:44.000] We know that tens of thousands of young people are dying on the front .
[00:19:44.000 --> 00:19:49.000] In addition , hundreds of thousands of people are called to the army in Russia .
[00:19:49.000 --> 00:19:55.000] This must somehow reflect on their situation , because they will start to lack a job .
[00:19:55.000 --> 00:20:02.000] Will they not be forced to let the wave of em igration in to fill these missing places ?
[00:20:02.000 --> 00:20:09.000] You know what ? I do not know if they will be forced , but I know a few things for sure .
[00:20:09.000 --> 00:20:17.000] For example , that they have Chinese neighbors who completely accidentally close another gigantic western factories .
[00:20:17.000 --> 00:20:21.000] And maybe it can be done with one move .
[00:20:21.000 --> 00:20:26.000] As the English proverb says , such killing two birds with one stone .
[00:20:26.000 --> 00:20:31.000] Please note , Ukraine has no problem with the population .
[00:20:31.000 --> 00:20:38.000] So the occupation of Ukraine is one move to solve the Russian problems with the population .
[00:20:38.000 --> 00:20:41.000] And in general , the culture is close , the language is close .
[00:20:41.000 --> 00:20:45.000] Pract ically , the Russians always say that the Ukrain ians are our brothers .
[00:20:45.000 --> 00:20:48.000] They have no problem with Ukraine , there is no hatred of the Ukrain ians .
[00:20:48.000 --> 00:20:53.000] It may turn out that one of the effects of what is happening today ,
[00:20:53.000 --> 00:21:00.000] there will be a union , union or even the take over of Ukraine by Russia .
[00:21:00.000 --> 00:21:02.000] It seems possible .
[00:21:02.000 --> 00:21:07.000] I 'm not saying it will be , because I have no idea from a military or political point of view .
[00:21:07.000 --> 00:21:11.000] But economically I see that it would be very beneficial and very logical .
[00:21:11.000 --> 00:21:18.000] To sum up our hearing , I will ask you the last question .
[00:21:18.000 --> 00:21:22.000] Why did the economy of the post - S ov iet country turn out to be so resistant to foreign sanctions ?
[00:21:22.000 --> 00:21:28.000] Is the key here not in the fact that for decades it was an absolutely controlled economy ,
[00:21:28.000 --> 00:21:33.000] centr ally tasked , isolated from the whole world ?
[00:21:33.000 --> 00:21:35.000] I see two reasons .
[00:21:35.000 --> 00:21:41.000] One is that they prepared for it method ically for many years .
[00:21:41.000 --> 00:21:48.000] For example , on liquid ating foreign debts , building reserves , we talked about the tons of gold .
[00:21:48.000 --> 00:21:51.000] It 's just hard work for the Russians for many years .
[00:21:51.000 --> 00:21:57.000] Another thread , it is , as the only positive in communist ideology ,
[00:21:57.000 --> 00:22:02.000] is that they wanted to be independent from the so - called capital ists .
[00:22:02.000 --> 00:22:09.000] Russians are logical , under st anding and they say , " OK , it makes sense , we are independent from the capital ists , so it 's cool ."
[00:22:09.000 --> 00:22:14.000] If we were told that , we would immediately re be l , and probably sens ibly ,
[00:22:14.000 --> 00:22:20.000] " Why should we cut off from cool things , cool goods , cool programs , etc . etc ."
[00:22:20.000 --> 00:22:22.000] Why ? No , absolutely not .
[00:22:22.000 --> 00:22:27.000] Russians have an ideological foundation , a very strong foundation ,
[00:22:27.000 --> 00:22:31.000] that 's why they are able to endure , as you said , those McDonald 's , Starbucks , etc .
[00:22:31.000 --> 00:22:35.000] Of course , it 's not cool for Russians , and Russians are not happy because of this war ,
[00:22:35.000 --> 00:22:41.000] they certainly are not happy , but they are not unhappy , and that 's the most important thing in all of this .
[00:22:41.000 --> 00:22:45.000] Russians do not suffer because of this war , not because it has no consequences ,
[00:22:45.000 --> 00:22:51.000] but because they do not have this mechanism of suffering for this reason .
[00:22:51.000 --> 00:22:55.000] Because they understand that this is how it should be , and it 's better for them ,
[00:22:55.000 --> 00:23:03.000] even if I say it ide ologically , most Russians live on a very basic level , a very simple level .
[00:23:03.000 --> 00:23:10.000] That 's why most of all possible sanctions , the creation of firms , block ades , they are not able to touch them .
[00:23:10.000 --> 00:23:16.000] It can only be a small inconven ience for them , a smaller or greater inconven ience .
[00:23:16.000 --> 00:23:19.000] This is all that can be done to Russia , now .
[00:23:19.000 --> 00:23:24.000] Mr . Mar ius z , we will see the future soon , maybe not in the long term , but everything is ahead of us .
[00:23:24.000 --> 00:23:26.000] Thank you very much for today 's hearing .
[00:23:26.000 --> 00:23:29.000] The guest was Mar ius z Stef ani ak , an economist and financi er .
[00:23:29.000 --> 00:23:33.000] The program was led by Kr z ysz to f Stra uch man . See you next week .
[00:23:33.000 --> 00:23:43.000] In ne Radio in G ? uch o ? az y and the area 105 , 2 .
[00:23:43.000 --> 00:23:47.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the score , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:15.000] What 's the score , Mr . Mar ius z ? Mr . Mar ius z is Mar ius z Stef ani ak ,
[00:00:15.000 --> 00:00:21.000] an economist , a finan c ial expert , our expert and the president of the Foundation " More Wis dom ".
[00:00:21.000 --> 00:00:26.000] I was surprised , Mr . Mar ius z , when I was reading the latest information from China and , to be honest ,
[00:00:26.000 --> 00:00:29.000] I don 't understand what 's going on in China .
[00:00:29.000 --> 00:00:31.000] It 's about the Ever grand e company situation .
[00:00:31.000 --> 00:00:35.000] It 's a global giant , it 's huge , but it 's in a big mess .
[00:00:35.000 --> 00:00:38.000] It 's in danger of bankruptcy , it 's in debt .
[00:00:38.000 --> 00:00:43.000] And suddenly , this company , after a long period of absence , returns to the Hong Kong stock exchange
[00:00:43.000 --> 00:00:46.000] and in one day its shares grow by 20 %.
[00:00:46.000 --> 00:00:51.000] According to logic , if someone is in danger of bankruptcy , his shares should go .
[00:00:51.000 --> 00:00:55.000] I would like to get rid of such shares as soon as possible before they fall to zero .
[00:00:55.000 --> 00:00:57.000] Meanwhile , it was the other way around here .
[00:00:57.000 --> 00:00:58.000] What 's the score ?
[00:00:58.000 --> 00:01:00.000] Interesting question and very valid .
[00:01:00.000 --> 00:01:05.000] As you mentioned , it is the most de bt ed de vel oper company in the world
[00:01:05.000 --> 00:01:09.000] and one of the 500 largest companies in the world at the same time .
[00:01:09.000 --> 00:01:11.000] By logic , you are right .
[00:01:11.000 --> 00:01:15.000] Unfortunately , it should be remembered that China is a communist country
[00:01:15.000 --> 00:01:21.000] and everything there is only worth it with communist economic logic .
[00:01:21.000 --> 00:01:24.000] Construction in China accounts for almost one third of the Chinese GDP .
[00:01:24.000 --> 00:01:28.000] The Chinese government has found a way to level its internal debts
[00:01:28.000 --> 00:01:30.000] and at the same time withdraw money from the Chinese
[00:01:30.000 --> 00:01:35.000] in a brilliant ly de cept ive scheme of building unnecessary apartments
[00:01:35.000 --> 00:01:38.000] which , by the way , will never be used .
[00:01:38.000 --> 00:01:43.000] And at such absurd ly high prices that the Chinese are in debt
[00:01:43.000 --> 00:01:46.000] because they can 't afford to buy a new apartment .
[00:01:46.000 --> 00:01:52.000] I would like to remind you that in China , in order to have any big and profitable business
[00:01:52.000 --> 00:01:55.000] you must have knowledge of the authorities .
[00:01:55.000 --> 00:01:59.000] In China , the land belongs to the state and no one else .
[00:01:59.000 --> 00:02:02.000] It is actually impossible to buy land for your own .
[00:02:02.000 --> 00:02:05.000] You can not only rent it for 70 years ,
[00:02:05.000 --> 00:02:08.000] something like our age - old country , but much worse .
[00:02:08.000 --> 00:02:11.000] Then the government will take this land from you
[00:02:11.000 --> 00:02:15.000] and sell it to another developer again , and so on .
[00:02:15.000 --> 00:02:18.000] Of course , let 's add that developers know all about it perfectly
[00:02:18.000 --> 00:02:23.000] and build as badly and cheap ly as possible .
[00:02:23.000 --> 00:02:30.000] It comes to the point that new blocks literally fall apart when they are given .
[00:02:30.000 --> 00:02:36.000] All elev ations , ce il ings , balcon ies , and walls can be broken with a finger ,
[00:02:36.000 --> 00:02:39.000] not even being a Chinese Kung Fu master .
[00:02:39.000 --> 00:02:45.000] The government 's profits from the purchases of developers ' offices are really astronomical .
[00:02:45.000 --> 00:02:48.000] According to my well - known estimates ,
[00:02:48.000 --> 00:02:53.000] so many unnecessary apartments were built in this whole scam scheme
[00:02:53.000 --> 00:02:56.000] that it would be enough for 3 billion people .
[00:02:56.000 --> 00:03:00.000] We are talking about additional apartments for 3 billion people .
[00:03:00.000 --> 00:03:03.000] And the whole of China has 1 . 4 billion , now more or less .
[00:03:03.000 --> 00:03:07.000] Two times such China would fit in what has already been built .
[00:03:07.000 --> 00:03:10.000] It sounds probably as brilliant as selling ice cream with Es k imos
[00:03:10.000 --> 00:03:13.000] and at high prices . And that 's exactly how it is .
[00:03:13.000 --> 00:03:16.000] And of course , the whole scheme works to a certain extent .
[00:03:16.000 --> 00:03:18.000] Like any lie .
[00:03:18.000 --> 00:03:22.000] Who buys apartments that are in poor technical condition at the beginning ,
[00:03:22.000 --> 00:03:25.000] in 70 years they will have to be demol ished ,
[00:03:25.000 --> 00:03:29.000] and there are too many of them , it should cause , with normal market mechanisms ,
[00:03:29.000 --> 00:03:31.000] that these apartments will be very cheap .
[00:03:31.000 --> 00:03:32.000] Yes , you are right .
[00:03:32.000 --> 00:03:36.000] But it 's not like that , because these are communist China , I remind you .
[00:03:36.000 --> 00:03:38.000] Why do people do it ?
[00:03:38.000 --> 00:03:40.000] Because it is the smartest thing they can do .
[00:03:40.000 --> 00:03:44.000] Because in China you can 't save money in any other way ,
[00:03:44.000 --> 00:03:48.000] invest money , and part of Chinese culture is that
[00:03:48.000 --> 00:03:52.000] you have to have an apartment , especially if you want to marry a Chinese woman .
[00:03:52.000 --> 00:03:57.000] You understand that the whole mentality of Chinese culture is involved in this .
[00:03:57.000 --> 00:04:00.000] The Chinese spec ulated on apartments on a gigantic scale ,
[00:04:00.000 --> 00:04:03.000] buying something they didn 't need , for money they don 't have ,
[00:04:03.000 --> 00:04:06.000] in order to sell with a profit that is astronomical
[00:04:06.000 --> 00:04:10.000] and buy more apartments , it 's exactly a finan ced pyramid .
[00:04:10.000 --> 00:04:12.000] A developer 's finan ced pyramid .
[00:04:12.000 --> 00:04:15.000] Why in this case , all of this didn 't fall , didn 't collapse ?
[00:04:15.000 --> 00:04:19.000] It wouldn 't be avoided in any normal country .
[00:04:19.000 --> 00:04:22.000] The most important word in China , I don 't know if you remember ,
[00:04:22.000 --> 00:04:24.000] I once explained to you what is the most important word in China .
[00:04:24.000 --> 00:04:27.000] Please forgive my short memory , I forgot .
[00:04:27.000 --> 00:04:29.000] Face . M aint aining a face .
[00:04:29.000 --> 00:04:33.000] Both on a social , economic and political level .
[00:04:33.000 --> 00:04:36.000] It 's such a big part of the economy , and the Chinese government can 't say
[00:04:36.000 --> 00:04:41.000] " Yes , we are indeed fraud ulent idiots , the whole economy is a joke ,
[00:04:41.000 --> 00:04:43.000] and it all didn 't make sense , that 's why it 's falling ."
[00:04:43.000 --> 00:04:44.000] No .
[00:04:44.000 --> 00:04:48.000] They have to have a method of getting out with a face , no matter what the facts are .
[00:04:48.000 --> 00:04:50.000] That 's why you see what 's happening ,
[00:04:50.000 --> 00:04:55.000] and that 's why the Chinese government holds everything very tightly
[00:04:55.000 --> 00:04:58.000] and can manipulate data as it wants .
[00:04:58.000 --> 00:05:01.000] To sum up , I will say that I may buy these shares myself ,
[00:05:01.000 --> 00:05:03.000] if they are still reasonably cheap ,
[00:05:03.000 --> 00:05:08.000] because even though the stock market price has fallen by 99 % since July 2020 ,
[00:05:08.000 --> 00:05:12.000] the government may cause it to rise again in a moment , if it wants to .
[00:05:12.000 --> 00:05:15.000] Mr . Mar ys z u , but in a normal country , in a normal situation ,
[00:05:15.000 --> 00:05:20.000] the stock exchanges have to publish information about their situation very carefully ,
[00:05:20.000 --> 00:05:25.000] so that investors , shareholders , can decide whether to buy or sell .
[00:05:25.000 --> 00:05:27.000] Does it not work like that in China ?
[00:05:27.000 --> 00:05:29.000] It doesn 't work like that at all .
[00:05:29.000 --> 00:05:34.000] Ever grand e , as I said , is the most de bt ed development company in the world ,
[00:05:34.000 --> 00:05:41.000] and in the last two years alone , it has lost around 80 billion dollars .
[00:05:41.000 --> 00:05:43.000] It doesn 't matter , really .
[00:05:43.000 --> 00:05:47.000] The numbers don 't matter , because another thing is really important .
[00:05:47.000 --> 00:05:53.000] It 's a company that is , in fact , a part of the Chinese government .
[00:05:53.000 --> 00:05:55.000] You have to remember that .
[00:05:55.000 --> 00:05:59.000] As long as the Chinese government is in power ,
[00:05:59.000 --> 00:06:03.000] these companies will also operate if the Chinese government decides so .
[00:06:03.000 --> 00:06:06.000] And no prices have any impact on that .
[00:06:06.000 --> 00:06:09.000] They can suddenly get any contracts , any financing ,
[00:06:09.000 --> 00:06:14.000] any t hing can happen , because it 's the Chinese government that controls it , not the economy .
[00:06:14.000 --> 00:06:16.000] Mr . Mar ys zu , please , a moment of break .
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[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the news , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear again ?
[00:00:12.000 --> 00:00:16.000] Mar ius z Stef ani ak , economist , financial officer , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:00:16.000 --> 00:00:21.000] Today we are talking about the international situation , about what is currently happening in Israel and Palestine .
[00:00:21.000 --> 00:00:26.000] Mr . Mar ius z , there are such moments in history that even the economy goes down to the background .
[00:00:26.000 --> 00:00:33.000] I would like to offer you a conversation about what is happening in Israel and Palestine , about the drama that is happening there .
[00:00:33.000 --> 00:00:37.000] For decades , it has been one of the hottest places on earth .
[00:00:37.000 --> 00:00:45.000] D iff ere nt interests meet , Jews , Arabs , full of dramas , human f ates , whatever is happening now .
[00:00:45.000 --> 00:00:55.000] However , our knowledge of the region is often very superficial and refers to what we repeat , to such running slog ans , to opinions that have been repeated many times .
[00:00:55.000 --> 00:01:02.000] One of such opinions is quite often repeated , the idea that Shin Bet , i . e . the Israeli internal intelligence ,
[00:01:02.000 --> 00:01:07.000] and Moss ad , i . e . foreign intelligence , are the best intelligence services in the world .
[00:01:07.000 --> 00:01:15.000] Meanwhile , these services , which we have seen recently , did not prevent the attack of thousands of terrorists ,
[00:01:15.000 --> 00:01:20.000] fighters in Israel , the massacre of the civilian population .
[00:01:20.000 --> 00:01:24.000] Should the intelligence know about such an operation ? Could it have prevented it ?
[00:01:24.000 --> 00:01:29.000] I admit that I am not a specialist in military affairs , especially in inter vie ws ,
[00:01:29.000 --> 00:01:36.000] but I have found that military secrets are often more connected with the economy and finances than someone might think .
[00:01:36.000 --> 00:01:44.000] Here , I have also met analysts who believe that such a big oversight cannot be a coincidence .
[00:01:44.000 --> 00:01:55.000] This is perhaps an element of internal str uggle , for example , for power , because Net any ahu does not enjoy the same este em as most people think .
[00:01:55.000 --> 00:02:00.000] There are also concepts that the government , although it knew about the planned attacks ,
[00:02:00.000 --> 00:02:09.000] it purpose fully did not take any action to have a reason for the obvious destruction of something that has been a big problem for them for years .
[00:02:09.000 --> 00:02:15.000] Israel has been w aging wars with its neighbors , with Arab countries , for 70 years ,
[00:02:15.000 --> 00:02:20.000] and the Palestinian autonomy , which it finally agreed to , is not even a state .
[00:02:20.000 --> 00:02:24.000] Ham as is not an official army , it is actually a terrorist organization .
[00:02:24.000 --> 00:02:32.000] What political goals do they set for Ham as in taking such a very loud and very drastic attack ,
[00:02:32.000 --> 00:02:37.000] which ended in a real massacre with many victims , on both sides , anyway .
[00:02:37.000 --> 00:02:45.000] And probably in the final balance , when this war is over , it will turn out that there will be more victims on the Palestinian side .
[00:02:45.000 --> 00:02:46.000] What do they need it for ?
[00:02:46.000 --> 00:02:51.000] Let 's note that Ham as is not just some ordinary combat units .
[00:02:51.000 --> 00:03:00.000] It is part of the larger forces of Islamic fighters called muj ah ide en , literally fighters .
[00:03:00.000 --> 00:03:12.000] I will not take a few minutes to explain to you the complexity of the ties , competition , conflicts between many Muslim forces .
[00:03:12.000 --> 00:03:18.000] I will just say that so far Ham as has received money from Israel itself ,
[00:03:18.000 --> 00:03:25.000] and it was probably recognized by it as the only Palestinian organization .
[00:03:25.000 --> 00:03:30.000] And by its allies it was considered as a co - coll abor ator .
[00:03:30.000 --> 00:03:40.000] With this act , I understand that it cuts off from this , and thus it gets a chance to finance from rich she ikh s .
[00:03:40.000 --> 00:03:44.000] The Islamic world is also divided into poor and rich .
[00:03:44.000 --> 00:03:49.000] Only that they have such a unique method , it is called zak at ,
[00:03:49.000 --> 00:03:58.000] and it is a pr act ically a mus lim co - ord ination to give up the property of every Muslim .
[00:03:58.000 --> 00:04:07.000] In this way , the rich she ikh s pay the units of the suicide fighters to secure their luxurious life .
[00:04:07.000 --> 00:04:12.000] And on the occasion to calm the poor , by hiding from the overthrow of their governments .
[00:04:12.000 --> 00:04:19.000] It is a fairly complex system of economic ties and completely unint uitive for the West .
[00:04:19.000 --> 00:04:22.000] So what , Ham as just took care of money attacking Israel ?
[00:04:22.000 --> 00:04:30.000] This is obvious . Do you remember our broadcast where we talk about what is needed to wage war ?
[00:04:30.000 --> 00:04:34.000] Money , money and money . Ham as is no exception here .
[00:04:34.000 --> 00:04:40.000] They also need money . Israel has long since stopped giving them because they have radical ized .
[00:04:40.000 --> 00:04:42.000] So this is quite obvious .
[00:04:42.000 --> 00:04:48.000] Mr . Mar ius z , but the disproportion of forces is so great . Israel really has a perfect army .
[00:04:48.000 --> 00:04:53.000] It can summon 300 , 000 people in a country that has several million citizens .
[00:04:53.000 --> 00:04:56.000] They have perfect military technology .
[00:04:56.000 --> 00:05:02.000] In armed conflicts with Arab countries , it has always decided to make sharp moves ,
[00:05:02.000 --> 00:05:07.000] to a determined attitude to defend its territory and its citizens .
[00:05:07.000 --> 00:05:12.000] How could it be expected that such an opponent could win with such a country ?
[00:05:12.000 --> 00:05:17.000] They did not go to win . They went to die .
[00:05:17.000 --> 00:05:22.000] By sending thousands of fighters to conquer the whole country ,
[00:05:22.000 --> 00:05:26.000] as it is written in their assumptions that every citizen is a soldier ,
[00:05:26.000 --> 00:05:30.000] they predicted that those who were sent would die .
[00:05:30.000 --> 00:05:33.000] So they went to die .
[00:05:33.000 --> 00:05:34.000] Die and kill .
[00:05:34.000 --> 00:05:40.000] Yes , because this is the biggest possible gain for them .
[00:05:40.000 --> 00:05:44.000] You are probably aware of the assumptions of Islam and , among other things ,
[00:05:44.000 --> 00:05:51.000] this aspect that if you die for the good of Islam , you get those famous girls and so on .
[00:05:51.000 --> 00:05:56.000] They are promised lux uries that they currently see in those rich she ikh s .
[00:05:56.000 --> 00:05:59.000] But they do not have the slightest chance of it .
[00:05:59.000 --> 00:06:04.000] Not only that , but practically all these fighters are extremely poor
[00:06:04.000 --> 00:06:10.000] and do not even have a chance for any decent life for themselves or their children .
[00:06:10.000 --> 00:06:14.000] That is why joining these fighters , these suicide attacks ,
[00:06:14.000 --> 00:06:20.000] is the smartest thing they can do in life to improve the fate of their loved ones .
[00:06:20.000 --> 00:06:22.000] Most often after death .
[00:06:22.000 --> 00:06:27.000] This is a typical manipulation that we know in the economy , for example , financial pyram ids .
[00:06:27.000 --> 00:06:34.000] Give me your money today , and someday you will get so much that you will not believe in your luck .
[00:06:34.000 --> 00:06:37.000] These she ikh s already have a mega profit today ,
[00:06:37.000 --> 00:06:42.000] and the naive ones are waiting for the promised profits , which they never see anyway .
[00:06:42.000 --> 00:06:44.000] Mr . Mar ius z , I invite you for a break .
[00:06:44.000 --> 00:06:45.000] Thank you .
[00:06:46.000 --> 00:06:48.000] The end
[00:06:48.000 --> 00:06:50.000] The end
[00:07:17.000 --> 00:07:23.000] This is Mr . Mar ius z , Mar ius z Stef ani ak , economist , financial advisor , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:07:23.000 --> 00:07:28.000] Today we are talking about the international situation , about what is currently happening in Israel and Palestine .
[00:07:28.000 --> 00:07:33.000] Mr . Mar ius z , let 's try to say something about the situation in the gas zone .
[00:07:33.000 --> 00:07:35.000] It is a very specific place on earth .
[00:07:35.000 --> 00:07:40.000] It is difficult to compare the situation in the gas zone to any other place .
[00:07:40.000 --> 00:07:46.000] Are we dealing with an independent state that is able to provide its citizens with basic things ,
[00:07:46.000 --> 00:07:51.000] such as food , work , internal and external security ?
[00:07:51.000 --> 00:07:56.000] This whole part of Palestine , which we are talking about , is actually just one city - Gaza .
[00:07:56.000 --> 00:08:00.000] It has existed for over 2 , 500 years .
[00:08:00.000 --> 00:08:03.000] Today it is destroyed , of course , and overc row ded .
[00:08:03.000 --> 00:08:12.000] But I assume that it will be demol ished even more strongly and deprived of most people for the next few weeks in at least two ways .
[00:08:12.000 --> 00:08:16.000] K illing or ex pe lling those who survive .
[00:08:16.000 --> 00:08:19.000] This is an absolute crime on many levels .
[00:08:19.000 --> 00:08:23.000] Once there lived about 150 , 000 people .
[00:08:23.000 --> 00:08:26.000] Today there are about 2 million .
[00:08:26.000 --> 00:08:30.000] All on a surface much smaller than the surface of Warsaw .
[00:08:30.000 --> 00:08:39.000] About 5 million people were expelled from Palestine in so - called " n ig ht raids ".
[00:08:39.000 --> 00:08:45.000] We are talking about mass crimes , ra ids on the Palestinian population , carried out by sy n ist ric milit ias .
[00:08:45.000 --> 00:08:51.000] Pol es should understand this perfectly , because they themselves have experienced a lot of such pur ges and forced res ett lement s
[00:08:51.000 --> 00:08:53.000] using exactly the same methods .
[00:08:53.000 --> 00:08:58.000] Currently , we have 2 million of these displaced people in the Gaza area .
[00:08:58.000 --> 00:09:07.000] As it is estimated , about 80 % of them require immediate humanitarian assistance .
[00:09:07.000 --> 00:09:15.000] It reminds me of Warsaw during the uprising , where the Nazis , unable to fight the ins urg ents and humili ated by their military actions ,
[00:09:15.000 --> 00:09:21.000] began to bomb the civilian buildings , literally turning our capital into rub ble .
[00:09:21.000 --> 00:09:29.000] And by the way , they murdered about 200 , 000 inhabitants , of which only a dozen were ins urg ents .
[00:09:29.000 --> 00:09:31.000] It 's much worse in Gaza , ladies and gentlemen .
[00:09:31.000 --> 00:09:39.000] Israel has now given time to leave this zone by civilians . This may lead to some improvement of the fate of these people .
[00:09:39.000 --> 00:09:41.000] If they run away , what will happen to them ?
[00:09:41.000 --> 00:09:48.000] Imagine that you want to evacuate the whole of Warsaw in one day .
[00:09:48.000 --> 00:09:55.000] Is it even feasible ? Would anyone in common sense take such an action ?
[00:09:55.000 --> 00:09:58.000] Where would they go ?
[00:09:58.000 --> 00:10:00.000] Egypt , the closest .
[00:10:00.000 --> 00:10:03.000] Exactly , what you say , Egypt is the closest .
[00:10:03.000 --> 00:10:07.000] Not only that , Egypt has a history of wars with Israel .
[00:10:07.000 --> 00:10:09.000] They will gladly accept them .
[00:10:09.000 --> 00:10:13.000] Here , the economy works more than politics .
[00:10:13.000 --> 00:10:16.000] Egypt is in a bad financial situation .
[00:10:16.000 --> 00:10:23.000] And when I think that they had 2 million refugees , I know that it would be a financial blow to the budget of Egypt .
[00:10:23.000 --> 00:10:26.000] Maybe even a crushing one .
[00:10:26.000 --> 00:10:32.000] Of course , Pol es can also take it well , because we host several million similar Uk ra ini an refugees .
[00:10:32.000 --> 00:10:38.000] And it costs us literally billions , which we obviously don 't have in the budget , so we borrow .
[00:10:38.000 --> 00:10:40.000] Egypt is even worse .
[00:10:40.000 --> 00:10:45.000] They try at all costs to avoid getting involved in this conflict .
[00:10:45.000 --> 00:10:47.000] What would they get for it ?
[00:10:47.000 --> 00:10:55.000] Several million refugees and probably some thousands of highly radical ized Islam ists .
[00:10:55.000 --> 00:10:57.000] Only cons for Egypt .
[00:10:57.000 --> 00:11:02.000] Mr . Mar ius z , but if a wave of 2 million refugees saves their lives ,
[00:11:02.000 --> 00:11:05.000] to stop them , they will have to shoot them .
[00:11:05.000 --> 00:11:13.000] Our border with Belarus or the USA border with Mexico show that it is not necessary to shoot these people at the border .
[00:11:13.000 --> 00:11:20.000] There is no method of stopping thousands or even hundreds of thousands of people ,
[00:11:20.000 --> 00:11:24.000] because even shooting here could not help .
[00:11:24.000 --> 00:11:31.000] Does Ham as have support , at least for the majority of Palestinians living in the Gaza St rip ?
[00:11:31.000 --> 00:11:36.000] How much is it behind the back for this most comb ative and terrorist part of society ?
[00:11:36.000 --> 00:11:43.000] Ham as is just one of many fragments of fighters and it is not very popular at all .
[00:11:43.000 --> 00:11:52.000] It started from purely social activity and was supposed to be a counter balance for the Palestinian forces fighting Israel .
[00:11:52.000 --> 00:11:59.000] Over time , it transformed into quasi - pol ice forces , where it fought crimes and social riots .
[00:11:59.000 --> 00:12:04.000] It has now turned into quasi - mil itary forces .
[00:12:04.000 --> 00:12:09.000] We are talking about a small fragment , not very well funded ,
[00:12:09.000 --> 00:12:14.000] and because of that , if you don 't have money , you don 't have a good back .
[00:12:14.000 --> 00:12:19.000] If someone is to get involved , he will get involved with those who will give him the best conditions .
[00:12:19.000 --> 00:12:24.000] It is already apparent that Ham as ' position has strengthened significantly ,
[00:12:24.000 --> 00:12:28.000] also in the eyes of Palestinians and the whole Islamic world ,
[00:12:28.000 --> 00:12:33.000] which is why it will also financially and numer ically strengthen .
[00:12:33.000 --> 00:12:39.000] In my opinion , Ham as has already won , and the more victims there are , the more it will gain .
[00:12:39.000 --> 00:12:46.000] One of Israel 's first decisions after the attack was to cut off water , energy and gas supply to the Gaza St rip .
[00:12:46.000 --> 00:12:52.000] Will it bring results and will it not cause the radical ization of most of the Palestinians living in Gaza ?
[00:12:52.000 --> 00:13:02.000] Und oubtedly , it must cause , because moving to such actions , which , in my opinion , are practically all perfectly qualified for war crimes ,
[00:13:02.000 --> 00:13:05.000] cannot end well .
[00:13:05.000 --> 00:13:15.000] The more Ham as wins , the more Israel will use radical , in human , band it ways of fighting it .
[00:13:15.000 --> 00:13:24.000] Civil ization progress is that society begins to cope with even apologies or best ial behaviors in a civil ized way .
[00:13:24.000 --> 00:13:29.000] In a way that is to guarantee a humanitarian approach .
[00:13:29.000 --> 00:13:36.000] If we wanted to fight the bandits in a band it way , then what would we be different from them ?
[00:13:36.000 --> 00:13:41.000] A question that is difficult to answer , but on my part the rest of the questions after the break .
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[00:14:13.000 --> 00:14:15.000] What 's up , Mr . Mar ius z ?
[00:14:15.000 --> 00:14:17.000] Mar ius z Stef ani ak , economist , financi er .
[00:14:17.000 --> 00:14:24.000] Today , in an unusual role , I 'm going to assess the international situation in Palestine and Israel .
[00:14:24.000 --> 00:14:29.000] In the previous great conflicts that took place there , neighboring countries were always involved in the war .
[00:14:29.000 --> 00:14:32.000] Syria , Lebanon , Egypt .
[00:14:32.000 --> 00:14:38.000] We talked a little about the complicated situation in Egypt now , and how other countries are behaving .
[00:14:38.000 --> 00:14:41.000] There is a new player there , a new great player - Iran .
[00:14:41.000 --> 00:14:45.000] What 's going on there in the broader context , Mr . Mar ius z ?
[00:14:45.000 --> 00:14:51.000] This is , of course , a rather complex topic , because in our Western mentality we expect such a division .
[00:14:51.000 --> 00:14:53.000] Good , bad , there is nothing against the enemy .
[00:14:53.000 --> 00:14:56.000] It doesn 't work there at all .
[00:14:56.000 --> 00:15:01.000] Now , in general , the whole system of forces in the Middle East is changing .
[00:15:01.000 --> 00:15:07.000] Until now , the US influence ruled there practically without discussion .
[00:15:07.000 --> 00:15:13.000] They distributed cards , they interfer ed , they protected their investments .
[00:15:13.000 --> 00:15:18.000] And we are mainly talking about the oil industry or other mining industries .
[00:15:18.000 --> 00:15:21.000] Currently , it doesn 't work like that anymore .
[00:15:21.000 --> 00:15:26.000] Please note the rapid increase in Chinese - R ussian influence .
[00:15:26.000 --> 00:15:33.000] The reference of very large methods of economic and political cooperation there
[00:15:33.000 --> 00:15:39.000] shows that the Arabs have had enough of the American he ge mon ,
[00:15:39.000 --> 00:15:43.000] who mixes soup s in their bowls .
[00:15:43.000 --> 00:15:46.000] These are completely different societies .
[00:15:46.000 --> 00:15:50.000] There is a dual ism in the way of thinking , a dich ot omy .
[00:15:50.000 --> 00:15:56.000] On the one hand , we hate the Americans , but on the other hand , our elites do great business with them .
[00:15:56.000 --> 00:16:02.000] But we don 't do anything about it , because the rich give us money so that we can fight the Americans .
[00:16:02.000 --> 00:16:05.000] It sounds like a crazy scheme .
[00:16:05.000 --> 00:16:08.000] That 's why these countries are not uniform .
[00:16:08.000 --> 00:16:14.000] They are enc ased in various forces , ideas , influences , and economic interests .
[00:16:14.000 --> 00:16:20.000] It 's not a matter of war , but a matter of very complex economic systems .
[00:16:20.000 --> 00:16:29.000] That 's why we don 't see a clear division of allies and opponents .
[00:16:29.000 --> 00:16:33.000] The situation in Israel has also changed .
[00:16:33.000 --> 00:16:38.000] In recent months , Prime Minister Net any ahu has reform ed the judiciary
[00:16:38.000 --> 00:16:45.000] to influence the choice of judges , to limit the possibility of the Supreme Court of Justice
[00:16:45.000 --> 00:16:47.000] to vote on the government 's decisions .
[00:16:47.000 --> 00:16:50.000] In a way , it even resembles the situation in Poland .
[00:16:50.000 --> 00:16:52.000] This also caused social resistance .
[00:16:52.000 --> 00:16:55.000] Part of the society was protesting .
[00:16:55.000 --> 00:17:00.000] We are actually dealing with the internal division of the Israeli society .
[00:17:00.000 --> 00:17:03.000] Maybe this has reduced their defensive capabilities ?
[00:17:03.000 --> 00:17:11.000] Such actions must always reduce and weaken all state institutions and their effectiveness .
[00:17:11.000 --> 00:17:14.000] An alyst s have noticed an interesting dependence .
[00:17:14.000 --> 00:17:20.000] When Net any ahu is to be dep r ived of power , a conflict or tragedy suddenly breaks out
[00:17:20.000 --> 00:17:26.000] and the opposition gives up on removing him , because then it would weaken the state too much .
[00:17:26.000 --> 00:17:30.000] I don 't know if this is just an interesting coincidence or something more serious ,
[00:17:30.000 --> 00:17:33.000] but it made me think a little .
[00:17:33.000 --> 00:17:38.000] We all look at what is happening , which way events will develop .
[00:17:38.000 --> 00:17:41.000] There are no signs that the situation should calm down .
[00:17:41.000 --> 00:17:44.000] Can all this be overcome under control ?
[00:17:44.000 --> 00:17:52.000] I can easily make a logical path from this conflict , literally a few weeks before the World War .
[00:17:52.000 --> 00:17:57.000] The USA has already sent its forces there and is announcing military assistance .
[00:17:57.000 --> 00:18:01.000] I remind you that the USA is not at all popular in the East .
[00:18:01.000 --> 00:18:03.000] It 's about big businesses .
[00:18:03.000 --> 00:18:11.000] Maybe we are just getting to the point when the rem od eling of the entire system of forces
[00:18:11.000 --> 00:18:15.000] and economic influences in this part of the world is already happening .
[00:18:15.000 --> 00:18:20.000] What the British started by imposing the creation of the State of Israel
[00:18:20.000 --> 00:18:27.000] is about the way this existence was created and how it is maintained .
[00:18:27.000 --> 00:18:34.000] The West is practically speaking 100 % pro - Is rael and anti - Pal est in ian .
[00:18:34.000 --> 00:18:40.000] Instead of clearly criticizing , condem ning and blocking the actions of Israel ,
[00:18:40.000 --> 00:18:46.000] let 's be honest , what is happening now in the eyes of the world is absolutely unacceptable .
[00:18:46.000 --> 00:18:51.000] And look at what escal ation of international reaction it has caused .
[00:18:51.000 --> 00:18:58.000] It is a un if ied , un if ied political scene on practically every side .
[00:18:58.000 --> 00:19:02.000] Not only that , they are also financially and milit arily supporting them .
[00:19:02.000 --> 00:19:04.000] I don 't like it , to be honest .
[00:19:04.000 --> 00:19:06.000] Let 's have equal rules for everyone .
[00:19:06.000 --> 00:19:10.000] If someone does something wrong , let 's condemn it , let 's impose sanctions .
[00:19:10.000 --> 00:19:12.000] This is what the international community is for , right ?
[00:19:12.000 --> 00:19:17.000] But suddenly this voice disappeared .
[00:19:17.000 --> 00:19:18.000] Nobody says anything .
[00:19:18.000 --> 00:19:23.000] They don 't say , " Listen , you can 't cut off the means of su st aining life for two million people ."
[00:19:23.000 --> 00:19:25.000] This is murder .
[00:19:25.000 --> 00:19:26.000] These are war crimes .
[00:19:26.000 --> 00:19:28.000] Why do we allow this ?
[00:19:28.000 --> 00:19:31.000] I think this is a test for the entire Western civilization .
[00:19:31.000 --> 00:19:40.000] Are we able to put an end to actions that are un eth ical , that are criminal , to the best ial ity of criminals ?
[00:19:40.000 --> 00:19:43.000] We cannot respond with the same best ial ity .
[00:19:43.000 --> 00:19:46.000] Is Ham as a gang organization ?
[00:19:46.000 --> 00:19:47.000] Yes , it is .
[00:19:47.000 --> 00:19:48.000] Yes , it commits crimes .
[00:19:48.000 --> 00:19:53.000] Does it make us more serious to commit crimes against the civilian population ?
[00:19:53.000 --> 00:20:01.000] Most people in the Arab world or in the Islamic world don 't dream of murder ing inf id els .
[00:20:01.000 --> 00:20:05.000] I have friends from Iran and they told me something that I literally laughed at .
[00:20:05.000 --> 00:20:08.000] In our country , only two groups of people take care of religion .
[00:20:08.000 --> 00:20:10.000] Polit icians and old women .
[00:20:10.000 --> 00:20:12.000] It 's like in our country .
[00:20:12.000 --> 00:20:16.000] Normal people want to live , work , earn , do their own business .
[00:20:16.000 --> 00:20:18.000] Because most people have it that way .
[00:20:18.000 --> 00:20:21.000] The Islamic world is absolutely identical .
[00:20:21.000 --> 00:20:28.000] Only a minimal part of extrem ism is finan ced by the richest elite .
[00:20:28.000 --> 00:20:33.000] Which does it to sanction the maximum poverty of the majority of people .
[00:20:33.000 --> 00:20:35.000] And in this way keep order .
[00:20:35.000 --> 00:20:41.000] The truth is that at the source of everything lies a brutal , unfair economy .
[00:20:41.000 --> 00:20:48.000] And that 's why most of the world 's poor have a chance to exist extrem ists who gain support .
[00:20:48.000 --> 00:20:50.000] These are people who are simply desperate .
[00:20:50.000 --> 00:20:52.000] These are people who are simply very poor .
[00:20:52.000 --> 00:20:54.000] These are people who are simply unhappy .
[00:20:54.000 --> 00:20:58.000] But if people were living normally , no one would support any extrem ists .
[00:20:58.000 --> 00:21:05.000] Because no one who has a family , who has means of living , will not run in suicide attacks , slowly go for a walk with their children .
[00:21:05.000 --> 00:21:12.000] Mr . Mar ius z , we can only wish ourselves and everyone that this conflict ends as soon as possible .
[00:21:12.000 --> 00:21:17.000] That we also manage to solve its root cause , for which it returns .
[00:21:17.000 --> 00:21:19.000] I wish you that .
[00:21:19.000 --> 00:21:21.000] Thank you very much for the conversation .
[00:21:21.000 --> 00:21:23.000] Econom ist , financi er Mar ius z Stef ani ak .
[00:21:23.000 --> 00:21:25.000] The program was led by Kr z ysz to f Stra uch man .
[00:21:25.000 --> 00:21:27.000] See you .
[00:21:31.000 --> 00:21:38.000] .
[00:21:38.000 --> 00:21:40.000] .
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's going on , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's going on , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:16.000] Mar ius z Stef ani ak , economist , finan c ial expert .
[00:00:16.000 --> 00:00:18.000] Today we 're going to talk about the border between
[00:00:18.000 --> 00:00:20.000] common sense and economy .
[00:00:20.000 --> 00:00:22.000] The whole Poland is talking about Pand ora 's Gate affair
[00:00:22.000 --> 00:00:24.000] and it 's hard not to hear about it .
[00:00:24.000 --> 00:00:26.000] It sounds pretty serious .
[00:00:26.000 --> 00:00:28.000] Water gate in the United States
[00:00:28.000 --> 00:00:30.000] is the president 's office .
[00:00:30.000 --> 00:00:32.000] Our affair so far
[00:00:32.000 --> 00:00:34.000] has been only a joke
[00:00:34.000 --> 00:00:36.000] to an influencer known in the network as " St u ",
[00:00:36.000 --> 00:00:38.000] who is suspected of ped oph ilia .
[00:00:38.000 --> 00:00:40.000] But we 're not going to talk about
[00:00:40.000 --> 00:00:42.000] his wine or his performances .
[00:00:42.000 --> 00:00:44.000] I wanted to talk about something else .
[00:00:44.000 --> 00:00:46.000] Personally , I 'm surprised ,
[00:00:46.000 --> 00:00:48.000] because I started watching these videos on the Internet ,
[00:00:48.000 --> 00:00:50.000] watching , listening . I 'm surprised
[00:00:50.000 --> 00:00:52.000] that people who are known
[00:00:52.000 --> 00:00:54.000] mainly because they are known
[00:00:54.000 --> 00:00:56.000] can make so much money on it
[00:00:56.000 --> 00:00:58.000] and gain so much popularity .
[00:00:58.000 --> 00:01:00.000] In my opinion , it 's contrary
[00:01:00.000 --> 00:01:02.000] to common sense ,
[00:01:02.000 --> 00:01:04.000] not to mention the economy .
[00:01:04.000 --> 00:01:06.000] I 'll touch on a few issues at once ,
[00:01:06.000 --> 00:01:08.000] so maybe one by one .
[00:01:08.000 --> 00:01:10.000] Pand ora 's Gate itself came from
[00:01:10.000 --> 00:01:12.000] the mythical woman Pand ora .
[00:01:12.000 --> 00:01:14.000] Beautiful , but not very honest ,
[00:01:14.000 --> 00:01:16.000] quite dece it ful ,
[00:01:16.000 --> 00:01:18.000] who was sent by the gods to punish people .
[00:01:18.000 --> 00:01:20.000] And they added to her
[00:01:20.000 --> 00:01:22.000] a tight , closed box .
[00:01:22.000 --> 00:01:24.000] All misf ortun es were locked there
[00:01:24.000 --> 00:01:26.000] and after opening , they were released into the world .
[00:01:26.000 --> 00:01:28.000] Just like in the myth ,
[00:01:28.000 --> 00:01:30.000] the same thing happened here .
[00:01:30.000 --> 00:01:32.000] Beautiful women , influencers ,
[00:01:32.000 --> 00:01:34.000] but not necessarily dece it ful or wise ,
[00:01:34.000 --> 00:01:36.000] living in un mar ried and loose relationships
[00:01:36.000 --> 00:01:38.000] with many often handsome ,
[00:01:38.000 --> 00:01:40.000] usually rich and always
[00:01:40.000 --> 00:01:42.000] almost well - known idols of children and youth ,
[00:01:42.000 --> 00:01:44.000] had dark secrets
[00:01:44.000 --> 00:01:46.000] that freed them to the world .
[00:01:46.000 --> 00:01:48.000] Among other things , that not many girls
[00:01:48.000 --> 00:01:50.000] were in a relationship with much older idols
[00:01:50.000 --> 00:01:52.000] with the participation of various forms
[00:01:52.000 --> 00:01:54.000] of sexual intimacy .
[00:01:54.000 --> 00:01:56.000] As one of the suspects explained in the media ,
[00:01:56.000 --> 00:01:58.000] all the media should be accused
[00:01:58.000 --> 00:02:00.000] and condemned ,
[00:02:00.000 --> 00:02:02.000] the biggest companies , singers
[00:02:02.000 --> 00:02:04.000] and parents for what happened to their children .
[00:02:04.000 --> 00:02:06.000] We 're talking about 12 - 13 year olds .
[00:02:06.000 --> 00:02:08.000] They watched music ,
[00:02:08.000 --> 00:02:10.000] movies , YouTube channels
[00:02:10.000 --> 00:02:12.000] where almost naked women
[00:02:12.000 --> 00:02:14.000] are w av ing and talking about sex
[00:02:14.000 --> 00:02:16.000] in a way that I assure you
[00:02:16.000 --> 00:02:18.000] you wouldn 't be able to say publicly .
[00:02:18.000 --> 00:02:20.000] And the biggest female idols
[00:02:20.000 --> 00:02:22.000] are actually a modern form
[00:02:22.000 --> 00:02:24.000] of par ap rost itution .
[00:02:24.000 --> 00:02:26.000] Let 's look at the world
[00:02:26.000 --> 00:02:28.000] of teenagers , at the world of economy .
[00:02:28.000 --> 00:02:30.000] What are the richest and most
[00:02:30.000 --> 00:02:32.000] famous women in the world ?
[00:02:32.000 --> 00:02:34.000] Are they smart business men , invent ors , scientists ?
[00:02:34.000 --> 00:02:36.000] No , there is no such thing .
[00:02:36.000 --> 00:02:38.000] I challenge the listeners .
[00:02:38.000 --> 00:02:40.000] Find and give us
[00:02:40.000 --> 00:02:42.000] some very famous
[00:02:42.000 --> 00:02:44.000] and rich woman
[00:02:44.000 --> 00:02:46.000] who came to all this
[00:02:46.000 --> 00:02:48.000] alone , only with her own work
[00:02:48.000 --> 00:02:50.000] and talent .
[00:02:50.000 --> 00:02:52.000] Mrs . Mar ys ia Maria Sk ? od ows ka - C ur ie
[00:02:52.000 --> 00:02:54.000] 100 years ago .
[00:02:54.000 --> 00:02:56.000] She wasn 't rich .
[00:02:56.000 --> 00:02:58.000] But she 's famous .
[00:02:58.000 --> 00:03:00.000] But she hasn 't lived for a long time .
[00:03:00.000 --> 00:03:02.000] I 'm talking about what 's cur ren t ly going on ,
[00:03:02.000 --> 00:03:04.000] what these 12 - year olds will admire .
[00:03:04.000 --> 00:03:06.000] I can 't think of an example like that .
[00:03:06.000 --> 00:03:08.000] I have two models that , in my opinion ,
[00:03:08.000 --> 00:03:10.000] explain almost all women 's so - called
[00:03:10.000 --> 00:03:12.000] success in the world .
[00:03:12.000 --> 00:03:14.000] One , I call it sexy l ala ,
[00:03:14.000 --> 00:03:16.000] that is , I find a much older ,
[00:03:16.000 --> 00:03:18.000] and the other is an imm oral
[00:03:18.000 --> 00:03:20.000] and usually not very talented artist
[00:03:20.000 --> 00:03:22.000] who has won millions because she knows
[00:03:22.000 --> 00:03:24.000] who to give herself to and does it many times over the years .
[00:03:24.000 --> 00:03:26.000] And she 's not even their wife or lover .
[00:03:26.000 --> 00:03:28.000] She 's a prost itute on the call .
[00:03:28.000 --> 00:03:30.000] We 're talking about the biggest stars
[00:03:30.000 --> 00:03:32.000] of the television , cinema ,
[00:03:32.000 --> 00:03:34.000] the world of music , who gave themselves
[00:03:34.000 --> 00:03:36.000] to the influential , influential guys ,
[00:03:36.000 --> 00:03:38.000] for example , in Hollywood , to get
[00:03:38.000 --> 00:03:40.000] million - dollar hang ars , thus
[00:03:40.000 --> 00:03:42.000] throwing out the most talented and honest
[00:03:42.000 --> 00:03:44.000] women from work .
[00:03:44.000 --> 00:03:46.000] The biggest stars in the world ,
[00:03:46.000 --> 00:03:48.000] like S a ima Ha q , Ashley Jud d ,
[00:03:48.000 --> 00:03:50.000] G wyn eth P alt row , Angel ina J olie ,
[00:03:50.000 --> 00:03:52.000] or Lady Gaga . They were getting hang ars
[00:03:52.000 --> 00:03:54.000] for sex .
[00:03:54.000 --> 00:03:56.000] They did it , although they were known
[00:03:56.000 --> 00:03:58.000] and rich , but they wanted to be even
[00:03:58.000 --> 00:04:00.000] more famous and even richer .
[00:04:00.000 --> 00:04:02.000] They did it out of greed . And it works ,
[00:04:02.000 --> 00:04:04.000] sir .
[00:04:04.000 --> 00:04:06.000] Let 's start breaking this phenomenon down a bit
[00:04:06.000 --> 00:04:08.000] from the beginning . What do
[00:04:08.000 --> 00:04:10.000] influencers actually do , what do they
[00:04:10.000 --> 00:04:12.000] offer their viewers or listeners
[00:04:12.000 --> 00:04:14.000] and how do they make money on it ?
[00:04:14.000 --> 00:04:16.000] And probably the most important question -
[00:04:16.000 --> 00:04:18.000] how much can you make on it ?
[00:04:18.000 --> 00:04:20.000] You can make a huge amount of money .
[00:04:20.000 --> 00:04:22.000] We 're talking about tens of millions ,
[00:04:22.000 --> 00:04:24.000] I can think of people who literally
[00:04:24.000 --> 00:04:26.000] made hundreds of millions of dollars .
[00:04:26.000 --> 00:04:28.000] As you say , being known for being
[00:04:28.000 --> 00:04:30.000] known , not having any specific
[00:04:30.000 --> 00:04:32.000] measurable skill , that you can do
[00:04:32.000 --> 00:04:34.000] something , I don 't know , do . Do you remember
[00:04:34.000 --> 00:04:36.000] our Bad Light audition and this
[00:04:36.000 --> 00:04:38.000] trans vest ite ? I remember perfectly ,
[00:04:38.000 --> 00:04:40.000] but it 's probably an example of which the
[00:04:40.000 --> 00:04:42.000] company is different from the intended . His
[00:04:42.000 --> 00:04:44.000] campaign , Bad Light beer , ended
[00:04:44.000 --> 00:04:46.000] with the sale of beer starting to
[00:04:46.000 --> 00:04:48.000] drop rapidly . He didn 't hit it somehow .
[00:04:48.000 --> 00:04:50.000] Maybe he did well , but his
[00:04:50.000 --> 00:04:52.000] client is not the best .
[00:04:52.000 --> 00:04:54.000] It doesn 't concern anyone . It doesn 't concern
[00:04:54.000 --> 00:04:56.000] customers , it doesn 't concern influencers ,
[00:04:56.000 --> 00:04:58.000] and it doesn 't even concern the company ,
[00:04:58.000 --> 00:05:00.000] sir . They can lose tens of billions of dollars
[00:05:00.000 --> 00:05:02.000] and it doesn 't affect them at all .
[00:05:02.000 --> 00:05:04.000] Because CEOs don 't get money , sir ,
[00:05:04.000 --> 00:05:06.000] when the company is doing well ,
[00:05:06.000 --> 00:05:08.000] only when investors are satisfied .
[00:05:08.000 --> 00:05:10.000] If the company was doing well ,
[00:05:10.000 --> 00:05:12.000] as it was then , the CEO gets
[00:05:12.000 --> 00:05:14.000] bonuses , even if the company
[00:05:14.000 --> 00:05:16.000] is falling in the ratings .
[00:05:16.000 --> 00:05:18.000] Who will lose on this ?
[00:05:18.000 --> 00:05:20.000] Well , ordinary citizens will lose on this ,
[00:05:20.000 --> 00:05:22.000] small shareholders and so on , because
[00:05:22.000 --> 00:05:24.000] they have put a lot of money in it ,
[00:05:24.000 --> 00:05:26.000] and that 's the truth .
[00:05:26.000 --> 00:05:28.000] The clients paid for it all .
[00:05:28.000 --> 00:05:30.000] Who does it concern ? No one , exactly .
[00:05:30.000 --> 00:05:32.000] So what 's the difference ? Now the Americans
[00:05:32.000 --> 00:05:34.000] just drink other beers , that 's all .
[00:05:34.000 --> 00:05:36.000] Nothing happened . Mr . Mar ius z , but let 's
[00:05:36.000 --> 00:05:38.000] talk about becoming popular .
[00:05:38.000 --> 00:05:40.000] Once , to appear in an ad , you had to
[00:05:40.000 --> 00:05:42.000] be a famous actor ,
[00:05:42.000 --> 00:05:44.000] famous from the scene , from the movie ,
[00:05:44.000 --> 00:05:46.000] a famous artist . What now ?
[00:05:46.000 --> 00:05:48.000] Is an influencer enough that he has no
[00:05:48.000 --> 00:05:50.000] sc ru ples , no shame , he speaks and
[00:05:50.000 --> 00:05:52.000] shows everything and gains popularity ?
[00:05:52.000 --> 00:05:54.000] More or less , you actually
[00:05:54.000 --> 00:05:56.000] described it . You know what ? I get
[00:05:56.000 --> 00:05:58.000] an example like fishing .
[00:05:58.000 --> 00:06:00.000] Inf lu en cers are actually p onds .
[00:06:00.000 --> 00:06:02.000] They fish their p onds ,
[00:06:02.000 --> 00:06:04.000] and companies want to catch
[00:06:04.000 --> 00:06:06.000] more and more of these fish , because they live
[00:06:06.000 --> 00:06:08.000] from it . And if an influencer shows
[00:06:08.000 --> 00:06:10.000] " In my pond there are a million fish ",
[00:06:10.000 --> 00:06:12.000] and the other one says " I have 5 million fish ",
[00:06:12.000 --> 00:06:14.000] companies calculate indicators in CP T ,
[00:06:14.000 --> 00:06:16.000] which is such an expense for
[00:06:16.000 --> 00:06:18.000] a thousand people who see our ads ,
[00:06:18.000 --> 00:06:20.000] so it pays them to give it to those
[00:06:20.000 --> 00:06:22.000] who have the largest audience .
[00:06:22.000 --> 00:06:24.000] How do you get viewers ?
[00:06:24.000 --> 00:06:26.000] Exactly like for centuries ,
[00:06:26.000 --> 00:06:28.000] something that is attractive
[00:06:28.000 --> 00:06:30.000] is shown , and people go to it
[00:06:30.000 --> 00:06:32.000] like flies to the le a f , sir .
[00:06:32.000 --> 00:06:34.000] What is attractive for such
[00:06:34.000 --> 00:06:36.000] little girls , 12 - 13 years old ?
[00:06:36.000 --> 00:06:38.000] They used to dream about dolls ,
[00:06:38.000 --> 00:06:40.000] because now they probably think about success ,
[00:06:40.000 --> 00:06:42.000] about money , about attractive
[00:06:42.000 --> 00:06:44.000] partners . I don 't know what the world
[00:06:44.000 --> 00:06:46.000] can offer . There is such a magic word
[00:06:46.000 --> 00:06:48.000] - hyper g amy . It is the key
[00:06:48.000 --> 00:06:50.000] to most economic phenomena in the world ,
[00:06:50.000 --> 00:06:52.000] sir . Generally , it is about
[00:06:52.000 --> 00:06:54.000] women dreaming about
[00:06:54.000 --> 00:06:56.000] finding an attractive partner .
[00:06:56.000 --> 00:06:58.000] Once it meant a strong warrior ,
[00:06:58.000 --> 00:07:00.000] because he could get food
[00:07:00.000 --> 00:07:02.000] in difficult conditions , defend against
[00:07:02.000 --> 00:07:04.000] danger , so he was a perfect partner .
[00:07:04.000 --> 00:07:06.000] Now he is just a rich
[00:07:06.000 --> 00:07:08.000] and influential man .
[00:07:08.000 --> 00:07:10.000] That 's why you have a situation that
[00:07:10.000 --> 00:07:12.000] some beautiful models ,
[00:07:12.000 --> 00:07:14.000] in short , now they should be called prost it utes ,
[00:07:14.000 --> 00:07:16.000] because the model is no longer a model ,
[00:07:16.000 --> 00:07:18.000] just like the actress is no longer an actress .
[00:07:18.000 --> 00:07:20.000] Her job is not to be an actress ,
[00:07:20.000 --> 00:07:22.000] but to look like a sex symbol .
[00:07:22.000 --> 00:07:24.000] Let 's look at the most successful
[00:07:24.000 --> 00:07:26.000] careers in the world . Mel ania Trump .
[00:07:26.000 --> 00:07:28.000] The first lady in the world , sir .
[00:07:28.000 --> 00:07:30.000] Poor girl ,
[00:07:30.000 --> 00:07:32.000] she came from Europe and there she simply
[00:07:32.000 --> 00:07:34.000] offered various services ,
[00:07:34.000 --> 00:07:36.000] 99 % of the time , und ressed .
[00:07:36.000 --> 00:07:38.000] Oh , there is the first lady !
[00:07:38.000 --> 00:07:40.000] What kind of lady , sir ?
[00:07:40.000 --> 00:07:42.000] You don 't become a lady because of such a profession .
[00:07:42.000 --> 00:07:44.000] The most famous women
[00:07:44.000 --> 00:07:46.000] in the world . How did they get there ?
[00:07:46.000 --> 00:07:48.000] They officially said it .
[00:07:48.000 --> 00:07:50.000] They pretended to be a sexually sed uct ive guy
[00:07:50.000 --> 00:07:52.000] in Hollywood and in various other
[00:07:52.000 --> 00:07:54.000] places where they were just a pr od uc er ,
[00:07:54.000 --> 00:07:56.000] had an impact on some contracts .
[00:07:56.000 --> 00:07:58.000] And they are idols of these girls .
[00:07:58.000 --> 00:08:00.000] Mr . Mar ius z , let 's put a stop ,
[00:08:00.000 --> 00:08:02.000] but this is only a break in our conversation .
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[00:08:38.000 --> 00:08:40.000] Good morning , Mr . Mar ius z .
[00:08:40.000 --> 00:08:42.000] Mar ius z Stef ani ak , economist , financi er .
[00:08:42.000 --> 00:08:44.000] Today we are going to talk about the border
[00:08:44.000 --> 00:08:46.000] of common sense and economy .
[00:08:46.000 --> 00:08:48.000] And we are talking about a very serious branch of the economy .
[00:08:48.000 --> 00:08:50.000] Only in Poland , the advertising market
[00:08:50.000 --> 00:08:52.000] is worth several billion z lot ys
[00:08:52.000 --> 00:08:54.000] annually . And this share
[00:08:54.000 --> 00:08:56.000] of the so - called internet
[00:08:56.000 --> 00:08:58.000] fragment in this cake is growing more and more ,
[00:08:58.000 --> 00:09:00.000] it is already more than half .
[00:09:00.000 --> 00:09:02.000] This money goes to , among others ,
[00:09:02.000 --> 00:09:04.000] influencers .
[00:09:04.000 --> 00:09:06.000] Does nothing stop this trend
[00:09:06.000 --> 00:09:08.000] - you say , Mr . Mar ius z ?
[00:09:08.000 --> 00:09:10.000] For the moment , certainly not .
[00:09:10.000 --> 00:09:12.000] Moreover , it is definitely growing .
[00:09:12.000 --> 00:09:14.000] Although I personally predict
[00:09:14.000 --> 00:09:16.000] that there will be a certain re bu il ding
[00:09:16.000 --> 00:09:18.000] of this scene .
[00:09:18.000 --> 00:09:20.000] Anyway , what I see in some so - called new media ,
[00:09:20.000 --> 00:09:22.000] where it is also happening .
[00:09:22.000 --> 00:09:24.000] So they come into play
[00:09:24.000 --> 00:09:26.000] such vul gar , prost atic ,
[00:09:26.000 --> 00:09:28.000] idiot ic , over - se xual ized ,
[00:09:28.000 --> 00:09:30.000] super - f amous personalities .
[00:09:30.000 --> 00:09:32.000] Mer itor ious , wise , educated ,
[00:09:32.000 --> 00:09:34.000] well prepared in the subject
[00:09:34.000 --> 00:09:36.000] and really useful people .
[00:09:36.000 --> 00:09:38.000] Of course , it will not be a change
[00:09:38.000 --> 00:09:40.000] overnight , because the world does not work like that .
[00:09:40.000 --> 00:09:42.000] Everything works in wave systems .
[00:09:42.000 --> 00:09:44.000] Here we have exactly this example .
[00:09:44.000 --> 00:09:46.000] There was a huge , crazy wave of these
[00:09:46.000 --> 00:09:48.000] teenagers . Because they were 15 - 16 - year - olds
[00:09:48.000 --> 00:09:50.000] who started recording Minecraft .
[00:09:50.000 --> 00:09:52.000] And suddenly they became million aires .
[00:09:52.000 --> 00:09:54.000] At the age of 17 ,
[00:09:54.000 --> 00:09:56.000] a group of children
[00:09:56.000 --> 00:09:58.000] rent s a villa in Warsaw
[00:09:58.000 --> 00:10:00.000] and there live 40 young people .
[00:10:00.000 --> 00:10:02.000] I can just imagine
[00:10:02.000 --> 00:10:04.000] how this world works
[00:10:04.000 --> 00:10:06.000] and how it works ,
[00:10:06.000 --> 00:10:08.000] what a brutal business is there
[00:10:08.000 --> 00:10:10.000] and how individual people get there .
[00:10:10.000 --> 00:10:12.000] What techniques .
[00:10:12.000 --> 00:10:14.000] And so , if we talk about these new
[00:10:14.000 --> 00:10:16.000] media , new influencers ,
[00:10:16.000 --> 00:10:18.000] that is , new stars , I am talking about
[00:10:18.000 --> 00:10:20.000] once there were star s of the screen .
[00:10:20.000 --> 00:10:22.000] Currently , it starts to work according to a different algorithm .
[00:10:22.000 --> 00:10:24.000] Because now children do not go to the cinema ,
[00:10:24.000 --> 00:10:26.000] sir .
[00:10:26.000 --> 00:10:28.000] Children do not watch TV .
[00:10:28.000 --> 00:10:30.000] They watch streams .
[00:10:30.000 --> 00:10:32.000] They watch everything on their phone .
[00:10:32.000 --> 00:10:34.000] If they go to an event ,
[00:10:34.000 --> 00:10:36.000] they will go to an event with their influencer .
[00:10:36.000 --> 00:10:38.000] With some famous YouTuber .
[00:10:38.000 --> 00:10:40.000] There are all these suspicious
[00:10:40.000 --> 00:10:42.000] ped oph il ic acts , among others .
[00:10:42.000 --> 00:10:44.000] What normal parent
[00:10:44.000 --> 00:10:46.000] sends a 12 , 13 or 14 - year - old
[00:10:46.000 --> 00:10:48.000] to a party
[00:10:48.000 --> 00:10:50.000] where he is to meet with adult men
[00:10:50.000 --> 00:10:52.000] and stays there for the night ?
[00:10:52.000 --> 00:10:54.000] And then they are surprised that suddenly
[00:10:54.000 --> 00:10:56.000] tapes or some screens come out
[00:10:56.000 --> 00:10:58.000] that they were und ressing ,
[00:10:58.000 --> 00:11:00.000] and they were doing different things ,
[00:11:00.000 --> 00:11:02.000] or even had a group sex with these 14 - year - olds .
[00:11:02.000 --> 00:11:04.000] Why are you surprised ?
[00:11:04.000 --> 00:11:06.000] The whole media world
[00:11:06.000 --> 00:11:08.000] shows such patterns .
[00:11:08.000 --> 00:11:10.000] Since their idols
[00:11:10.000 --> 00:11:12.000] show such patterns
[00:11:12.000 --> 00:11:14.000] and parents send such little girls
[00:11:14.000 --> 00:11:16.000] without any care ,
[00:11:16.000 --> 00:11:18.000] how could it be otherwise ?
[00:11:18.000 --> 00:11:20.000] It was something that had to happen .
[00:11:20.000 --> 00:11:22.000] And this Pand ora 's box we started with ,
[00:11:22.000 --> 00:11:24.000] that is , the opening of all these
[00:11:24.000 --> 00:11:26.000] misf ortun es , is exactly what
[00:11:26.000 --> 00:11:28.000] we are observing now .
[00:11:28.000 --> 00:11:30.000] But this is very good , because at the end
[00:11:30.000 --> 00:11:32.000] of the Pand ora 's box , and this is what
[00:11:32.000 --> 00:11:34.000] I would like you to remember
[00:11:34.000 --> 00:11:36.000] from our today 's conversation ,
[00:11:36.000 --> 00:11:38.000] no , these are scand alous things and so on .
[00:11:38.000 --> 00:11:40.000] There will always be hope at the end .
[00:11:40.000 --> 00:11:42.000] There will be something that will be the beginning of change .
[00:11:42.000 --> 00:11:44.000] What we see ,
[00:11:44.000 --> 00:11:46.000] so scand alous , seemingly evil ,
[00:11:46.000 --> 00:11:48.000] offensive , do not be offended ,
[00:11:48.000 --> 00:11:50.000] because you were part of it , you created it yourself .
[00:11:50.000 --> 00:11:52.000] Support ing , or more actively ,
[00:11:52.000 --> 00:11:54.000] you are just as guilty
[00:11:54.000 --> 00:11:56.000] as this st u d ent and all these other guests .
[00:11:56.000 --> 00:11:58.000] Because you supported it .
[00:11:58.000 --> 00:12:00.000] You closed your eyes , you did not want to know .
[00:12:00.000 --> 00:12:02.000] Mr . Mar ius z ,
[00:12:02.000 --> 00:12:04.000] but let 's go back to those
[00:12:04.000 --> 00:12:06.000] changes that you notice ,
[00:12:06.000 --> 00:12:08.000] because I will be honest , not yet .
[00:12:08.000 --> 00:12:10.000] As a journalist who has been working
[00:12:10.000 --> 00:12:12.000] for several years in this profession , I can
[00:12:12.000 --> 00:12:14.000] share my reflection .
[00:12:14.000 --> 00:12:16.000] I now have access to statistics and comparisons
[00:12:16.000 --> 00:12:18.000] and I see that the text , which is serious ,
[00:12:18.000 --> 00:12:20.000] deals with a serious matter ,
[00:12:20.000 --> 00:12:22.000] reads several hundred , sometimes
[00:12:22.000 --> 00:12:24.000] several thousand people ,
[00:12:24.000 --> 00:12:26.000] and I 'm not talking about some galleries
[00:12:26.000 --> 00:12:28.000] presenting sex or nud ity ,
[00:12:28.000 --> 00:12:30.000] but ordinary galleries ,
[00:12:30.000 --> 00:12:32.000] for example , recently very popular galleries
[00:12:32.000 --> 00:12:34.000] presenting the costumes before the Day of the Dead .
[00:12:34.000 --> 00:12:36.000] Mr . Mar ius z , these are
[00:12:36.000 --> 00:12:38.000] millions of pages .
[00:12:38.000 --> 00:12:40.000] What is it all about ?
[00:12:40.000 --> 00:12:42.000] How can you propose serious content in the world
[00:12:42.000 --> 00:12:44.000] that is completely uninter ested in it ?
[00:12:44.000 --> 00:12:46.000] Recently I saw a very nice
[00:12:46.000 --> 00:12:48.000] material of one girl ,
[00:12:48.000 --> 00:12:50.000] who is super famous
[00:12:50.000 --> 00:12:52.000] on YouTube shorts .
[00:12:52.000 --> 00:12:54.000] This is a new formula that YouTube is now
[00:12:54.000 --> 00:12:56.000] launching very brutally .
[00:12:56.000 --> 00:12:58.000] If you want to be famous and make money ,
[00:12:58.000 --> 00:13:00.000] you just have to make these shorts .
[00:13:00.000 --> 00:13:02.000] These are such mini - v ide os , 30 seconds ,
[00:13:02.000 --> 00:13:04.000] and you have to fit in .
[00:13:04.000 --> 00:13:06.000] And the point is that she was able to make
[00:13:06.000 --> 00:13:08.000] that each of her videos has , for example ,
[00:13:08.000 --> 00:13:10.000] an average of 10 million views .
[00:13:10.000 --> 00:13:12.000] She can make a video with a million views
[00:13:12.000 --> 00:13:14.000] even if the paint has dried on the wall .
[00:13:14.000 --> 00:13:16.000] Because she first did a deep analysis
[00:13:16.000 --> 00:13:18.000] of thousands of the most famous
[00:13:18.000 --> 00:13:20.000] short videos of the most famous
[00:13:20.000 --> 00:13:22.000] million - year - old YouTubers .
[00:13:22.000 --> 00:13:24.000] And she discovered a scheme .
[00:13:24.000 --> 00:13:26.000] I laughed when I heard this interview .
[00:13:26.000 --> 00:13:28.000] I just laughed .
[00:13:28.000 --> 00:13:30.000] She speaks very precisely , she has a marketing de g ree .
[00:13:30.000 --> 00:13:32.000] In short , she wins with the merit
[00:13:32.000 --> 00:13:34.000] that she created herself .
[00:13:34.000 --> 00:13:36.000] And indeed , you can make
[00:13:36.000 --> 00:13:38.000] super cool materials from any t hing .
[00:13:38.000 --> 00:13:40.000] And it 's happening .
[00:13:40.000 --> 00:13:42.000] Because you are scared of what you see in the media .
[00:13:42.000 --> 00:13:44.000] And rightly so .
[00:13:44.000 --> 00:13:46.000] But you don 't see that there are already scientific channels
[00:13:46.000 --> 00:13:48.000] that also start to have
[00:13:48.000 --> 00:13:50.000] hundreds of thousands and millions of views .
[00:13:50.000 --> 00:13:52.000] Because they do it on a high
[00:13:52.000 --> 00:13:54.000] merit level , but at the same time
[00:13:54.000 --> 00:13:56.000] in a very attractive way .
[00:13:56.000 --> 00:13:58.000] When it comes to the delivery formula .
[00:13:58.000 --> 00:14:00.000] It can be done .
[00:14:00.000 --> 00:14:02.000] I 'm not saying it 's easy , of course .
[00:14:02.000 --> 00:14:04.000] It 's easier to show boobs .
[00:14:04.000 --> 00:14:06.000] And that 's it . And it sells . You 're right .
[00:14:06.000 --> 00:14:08.000] Because these are things that have been sold for centuries .
[00:14:08.000 --> 00:14:10.000] This is one of the most important forces , sir .
[00:14:10.000 --> 00:14:12.000] E ros and Than atos . I 'm going back to mythology again .
[00:14:12.000 --> 00:14:14.000] The most powerful forces in the world .
[00:14:14.000 --> 00:14:16.000] So it all makes perfect sense .
[00:14:16.000 --> 00:14:18.000] Only now , as I said ,
[00:14:18.000 --> 00:14:20.000] new methods are already appearing .
[00:14:20.000 --> 00:14:22.000] What we do is also
[00:14:22.000 --> 00:14:24.000] somewhat on a mini scale
[00:14:24.000 --> 00:14:26.000] this new method .
[00:14:26.000 --> 00:14:28.000] So we show , I hope in an interesting way ,
[00:14:28.000 --> 00:14:30.000] completely real , deep , scientific knowledge .
[00:14:30.000 --> 00:14:32.000] It can be done , sir .
[00:14:32.000 --> 00:14:34.000] Only this is just a growing wave .
[00:14:34.000 --> 00:14:36.000] It 's not something
[00:14:36.000 --> 00:14:38.000] that domin ates .
[00:14:38.000 --> 00:14:40.000] Maybe we also have specific listeners ,
[00:14:40.000 --> 00:14:42.000] Mr . Mar ius z , please , one more break .
[00:14:42.000 --> 00:14:44.000] ( music )
[00:14:46.000 --> 00:14:48.000] ( music )
[00:14:50.000 --> 00:14:52.000] ( music )
[00:14:52.000 --> 00:15:16.000] What 's the score , Mr . Mar ius z ?
[00:15:16.000 --> 00:15:18.000] Mar ius z Stef ani ak , economist ,
[00:15:18.000 --> 00:15:20.000] finan c ial advisor , president of the Foundation " More Wis dom ".
[00:15:20.000 --> 00:15:22.000] Today we 're going to talk a little
[00:15:22.000 --> 00:15:24.000] about civil iz ational changes .
[00:15:24.000 --> 00:15:26.000] I wanted to ask you , Mr . Mar ius z ,
[00:15:26.000 --> 00:15:28.000] what 's actually going on with people ,
[00:15:28.000 --> 00:15:30.000] what 's actually going on with the world ,
[00:15:30.000 --> 00:15:32.000] that people are so eager and so massively reaching
[00:15:32.000 --> 00:15:34.000] for content that is deeply , in fact ,
[00:15:34.000 --> 00:15:36.000] path ological . And what 's going on
[00:15:36.000 --> 00:15:38.000] with our elites ?
[00:15:38.000 --> 00:15:40.000] Where are the elites ? What do the elites look like today ?
[00:15:40.000 --> 00:15:42.000] You 've touched on two
[00:15:42.000 --> 00:15:44.000] incredibly interesting and important topics .
[00:15:44.000 --> 00:15:46.000] I remember an example from the break
[00:15:46.000 --> 00:15:48.000] with the girl who can
[00:15:48.000 --> 00:15:50.000] make a million - p ag e cover of everything .
[00:15:50.000 --> 00:15:52.000] And she said exactly
[00:15:52.000 --> 00:15:54.000] that the movie she 's making
[00:15:54.000 --> 00:15:56.000] must be in the age range
[00:15:56.000 --> 00:15:58.000] from the first to the maximum of the fifth
[00:15:58.000 --> 00:16:00.000] grade of elementary school .
[00:16:00.000 --> 00:16:02.000] And she explained it exactly .
[00:16:02.000 --> 00:16:04.000] That it must be at the level
[00:16:04.000 --> 00:16:06.000] of such a child from elementary school
[00:16:06.000 --> 00:16:08.000] and from those lower grades to the fifth maximum .
[00:16:08.000 --> 00:16:12.000] I thought about it and checked
[00:16:12.000 --> 00:16:14.000] some scientific data
[00:16:14.000 --> 00:16:16.000] and I 'll tell you that it all makes perfect sense .
[00:16:16.000 --> 00:16:18.000] What we call IQ
[00:16:18.000 --> 00:16:20.000] was created by the army during the war .
[00:16:20.000 --> 00:16:22.000] They wanted to speed up the whole process
[00:16:22.000 --> 00:16:24.000] of training soldiers .
[00:16:24.000 --> 00:16:26.000] Because there had to be a lot of people
[00:16:26.000 --> 00:16:28.000] to be able to die on these fronts .
[00:16:28.000 --> 00:16:30.000] So they developed a series of tests
[00:16:30.000 --> 00:16:32.000] and that 's how the famous IQ was created .
[00:16:32.000 --> 00:16:34.000] It turned out , according to their research ,
[00:16:34.000 --> 00:16:36.000] that people below 83 IQ
[00:16:36.000 --> 00:16:38.000] are not good for anything .
[00:16:38.000 --> 00:16:40.000] They 're not even good at meat .
[00:16:40.000 --> 00:16:42.000] They 're not good at investing .
[00:16:42.000 --> 00:16:44.000] They 're not good at the rifle they died with .
[00:16:44.000 --> 00:16:46.000] How many people like that are currently in the US ?
[00:16:46.000 --> 00:16:48.000] I 'm afraid it 's a decided majority ,
[00:16:48.000 --> 00:16:50.000] but I won 't give a specific number .
[00:16:50.000 --> 00:16:52.000] 51 million .
[00:16:52.000 --> 00:16:54.000] People who are officially
[00:16:54.000 --> 00:16:56.000] recognized by the criteria .
[00:16:56.000 --> 00:16:58.000] They 're just such mor ons .
[00:16:58.000 --> 00:17:00.000] And these people have election rights ,
[00:17:00.000 --> 00:17:02.000] these people decide everything ,
[00:17:02.000 --> 00:17:04.000] these people watch YouTube , influencers ,
[00:17:04.000 --> 00:17:06.000] buy products , etc .
[00:17:06.000 --> 00:17:08.000] When I extrapol ated this data to the Polish market ,
[00:17:08.000 --> 00:17:10.000] I would say that there are a lot of
[00:17:10.000 --> 00:17:12.000] idiots who have an impact on our lives .
[00:17:12.000 --> 00:17:14.000] Who watch these videos ,
[00:17:14.000 --> 00:17:16.000] who watch these ads ,
[00:17:16.000 --> 00:17:18.000] who vote .
[00:17:18.000 --> 00:17:20.000] Imagine , 6 million people .
[00:17:20.000 --> 00:17:22.000] They can change any government .
[00:17:22.000 --> 00:17:24.000] This is the foundation of democracy ,
[00:17:24.000 --> 00:17:26.000] so praised everywhere .
[00:17:26.000 --> 00:17:28.000] What 's the point of a fool
[00:17:28.000 --> 00:17:30.000] voting like a man ?
[00:17:30.000 --> 00:17:32.000] That 's why , as we said about CP T and so on ,
[00:17:32.000 --> 00:17:34.000] those who have more followers ,
[00:17:34.000 --> 00:17:36.000] more media traction ,
[00:17:36.000 --> 00:17:38.000] more in this world .
[00:17:38.000 --> 00:17:40.000] They elect presidents , they elect senators ,
[00:17:40.000 --> 00:17:42.000] they elect companies , they elect influencers ,
[00:17:42.000 --> 00:17:44.000] YouTubers , etc .
[00:17:44.000 --> 00:17:46.000] But Mr . Mar ys ia , these masses have money ,
[00:17:46.000 --> 00:17:48.000] and very often in the modern world
[00:17:48.000 --> 00:17:50.000] money decides the impact .
[00:17:50.000 --> 00:17:52.000] Indeed , most idiots
[00:17:52.000 --> 00:17:54.000] will be poor by definition .
[00:17:54.000 --> 00:17:56.000] Because being an idiot is hard
[00:17:56.000 --> 00:17:58.000] to get a lot of influence , a lot of money ,
[00:17:58.000 --> 00:18:00.000] etc . That 's true .
[00:18:00.000 --> 00:18:02.000] But there 's a little hook here
[00:18:02.000 --> 00:18:04.000] that really changes everything .
[00:18:04.000 --> 00:18:06.000] The richest people in the world ,
[00:18:06.000 --> 00:18:08.000] and so - called think tanks ,
[00:18:08.000 --> 00:18:10.000] the smartest people in the world ,
[00:18:10.000 --> 00:18:12.000] who are at the service of the richest people in the world ,
[00:18:12.000 --> 00:18:14.000] those people have invented that
[00:18:14.000 --> 00:18:16.000] it will be most beneficial for them
[00:18:16.000 --> 00:18:18.000] how the whole media , political and social space
[00:18:18.000 --> 00:18:20.000] will be ruled by idiots .
[00:18:20.000 --> 00:18:22.000] So there 's a very large amount of money
[00:18:22.000 --> 00:18:24.000] pumped into it ,
[00:18:24.000 --> 00:18:26.000] so that it was what you described beautifully .
[00:18:26.000 --> 00:18:28.000] That newspapers are just some kind of
[00:18:28.000 --> 00:18:30.000] mor ons , there are no editors there
[00:18:30.000 --> 00:18:32.000] now , only media influencers .
[00:18:32.000 --> 00:18:34.000] They just write what they are told to write .
[00:18:34.000 --> 00:18:36.000] If someone says wrong things ,
[00:18:36.000 --> 00:18:38.000] you 're ruined .
[00:18:38.000 --> 00:18:40.000] That 's why I said about this change .
[00:18:40.000 --> 00:18:42.000] That people who are not idiots , who have some knowledge ,
[00:18:42.000 --> 00:18:44.000] some rhetoric ,
[00:18:44.000 --> 00:18:46.000] are starting to go to alternative media .
[00:18:46.000 --> 00:18:48.000] Because they know that nowhere else
[00:18:48.000 --> 00:18:50.000] in normal newspapers ,
[00:18:50.000 --> 00:18:52.000] normal TV , they are not able
[00:18:52.000 --> 00:18:54.000] to say anything smart .
[00:18:54.000 --> 00:18:56.000] Because it 's not allowed there .
[00:18:56.000 --> 00:18:58.000] Probably super - rich people have decided
[00:18:58.000 --> 00:19:00.000] that it 's dangerous for them .
[00:19:00.000 --> 00:19:02.000] But it 's effective , because as research shows ,
[00:19:02.000 --> 00:19:04.000] average IQ ,
[00:19:04.000 --> 00:19:06.000] that is average IQ in society ,
[00:19:06.000 --> 00:19:08.000] has been decreasing for a dozen or so years .
[00:19:08.000 --> 00:19:10.000] How far can we go
[00:19:10.000 --> 00:19:12.000] in this nonsense ?
[00:19:12.000 --> 00:19:14.000] Very far . Check it out ,
[00:19:14.000 --> 00:19:16.000] average IQ in Africa , for example .
[00:19:16.000 --> 00:19:18.000] There are average IQ s in the country
[00:19:18.000 --> 00:19:20.000] at level 69 .
[00:19:20.000 --> 00:19:22.000] And now you understand why
[00:19:22.000 --> 00:19:24.000] whole countries with gigantic resources ,
[00:19:24.000 --> 00:19:26.000] super - p ric ed , are in a permanent
[00:19:26.000 --> 00:19:28.000] state of war , of decay ,
[00:19:28.000 --> 00:19:30.000] no energy for most of the day ,
[00:19:30.000 --> 00:19:32.000] nothing works , police doesn 't work ,
[00:19:32.000 --> 00:19:34.000] prob es don 't work , water p umps don 't work .
[00:19:34.000 --> 00:19:36.000] On the streets of the capital
[00:19:36.000 --> 00:19:38.000] there is mud .
[00:19:38.000 --> 00:19:40.000] Let 's see what 's the pressure .
[00:19:40.000 --> 00:19:42.000] The pressure is that smart people
[00:19:42.000 --> 00:19:44.000] don 't speak up , but that those who
[00:19:44.000 --> 00:19:46.000] shout out loud speak up .
[00:19:46.000 --> 00:19:48.000] Because , as we said with those kids ,
[00:19:48.000 --> 00:19:50.000] the media space creates
[00:19:50.000 --> 00:19:52.000] brilliant opportunities to confuse people .
[00:19:52.000 --> 00:19:54.000] No one discuss es
[00:19:54.000 --> 00:19:56.000] economic facts ,
[00:19:56.000 --> 00:19:58.000] historical facts , realities .
[00:19:58.000 --> 00:20:00.000] Em ot ions are discussed ,
[00:20:00.000 --> 00:20:02.000] this one is ugly , this one is stupid ,
[00:20:02.000 --> 00:20:04.000] this one cried , this one spoke ,
[00:20:04.000 --> 00:20:06.000] this one likes it , this one doesn 't .
[00:20:06.000 --> 00:20:08.000] What does it matter in economy , in economy , in your life ,
[00:20:08.000 --> 00:20:10.000] if a politician likes another politician ?
[00:20:10.000 --> 00:20:12.000] - A spectacle , Mr . Mar ius z , a spectacle .
[00:20:12.000 --> 00:20:14.000] - Yes , it 's a spectacle for the people ,
[00:20:14.000 --> 00:20:16.000] but unfortunately , the mystery is simple .
[00:20:16.000 --> 00:20:18.000] A stupid person can only watch
[00:20:18.000 --> 00:20:20.000] stupid things and read stupid things .
[00:20:20.000 --> 00:20:22.000] Because all the others will be shocking ,
[00:20:22.000 --> 00:20:24.000] boring , terrifying ,
[00:20:24.000 --> 00:20:26.000] and they will put him in a complex .
[00:20:26.000 --> 00:20:28.000] But a smart person can also watch stupid things .
[00:20:28.000 --> 00:20:30.000] Because you can 't laugh
[00:20:30.000 --> 00:20:32.000] from a flip and a flip - fl op
[00:20:32.000 --> 00:20:34.000] when a guy turns on a banana peel .
[00:20:34.000 --> 00:20:36.000] Only you can also do things
[00:20:36.000 --> 00:20:38.000] on a much higher level .
[00:20:38.000 --> 00:20:40.000] An influencer who makes
[00:20:40.000 --> 00:20:42.000] a 5 - 7 year old material
[00:20:42.000 --> 00:20:44.000] is able to reach
[00:20:44.000 --> 00:20:46.000] 99 % of the entire population ,
[00:20:46.000 --> 00:20:48.000] sir .
[00:20:48.000 --> 00:20:50.000] But someone who makes a smart
[00:20:50.000 --> 00:20:52.000] scientific program is able to reach
[00:20:52.000 --> 00:20:54.000] 2 % of the population ?
[00:20:54.000 --> 00:20:56.000] Well , 8 % maybe , if he does it in an interesting way ?
[00:20:56.000 --> 00:20:58.000] So it will never be so popular ,
[00:20:58.000 --> 00:21:00.000] so mass .
[00:21:00.000 --> 00:21:02.000] For centuries , as you have checked yourself ,
[00:21:02.000 --> 00:21:04.000] historically it was so .
[00:21:04.000 --> 00:21:06.000] The knowledge was elite .
[00:21:06.000 --> 00:21:08.000] Only exceptional units
[00:21:08.000 --> 00:21:10.000] and very few units went to school .
[00:21:10.000 --> 00:21:12.000] Let 's see the results of the exams now .
[00:21:12.000 --> 00:21:14.000] Children go to school
[00:21:14.000 --> 00:21:16.000] who shouldn 't go to school ,
[00:21:16.000 --> 00:21:18.000] really .
[00:21:18.000 --> 00:21:20.000] Just like with IQ and the army .
[00:21:20.000 --> 00:21:22.000] And the school says
[00:21:22.000 --> 00:21:24.000] " But give us all the children ,
[00:21:24.000 --> 00:21:26.000] we will teach them for so long , and they will pass ".
[00:21:26.000 --> 00:21:28.000] There has never been a situation in the history of mankind
[00:21:28.000 --> 00:21:30.000] where people were forced to know .
[00:21:30.000 --> 00:21:32.000] And we have , sir ,
[00:21:32.000 --> 00:21:34.000] a legal school obligation .
[00:21:34.000 --> 00:21:36.000] We lower the level of education
[00:21:36.000 --> 00:21:38.000] together with doctor ates ,
[00:21:38.000 --> 00:21:40.000] with higher education ,
[00:21:40.000 --> 00:21:42.000] so that there is a proper pass ability .
[00:21:42.000 --> 00:21:44.000] Because they have funding
[00:21:44.000 --> 00:21:46.000] for a person , for a head , sir .
[00:21:46.000 --> 00:21:48.000] Mr . Mar ius z , I feel that we are opening
[00:21:48.000 --> 00:21:50.000] another wide topic ,
[00:21:50.000 --> 00:21:52.000] and our time is over .
[00:21:52.000 --> 00:21:54.000] Thank you very much for the conversation .
[00:21:54.000 --> 00:21:56.000] We can promise the listeners only one thing ,
[00:21:56.000 --> 00:21:58.000] that in the next episode it will be
[00:21:58.000 --> 00:22:00.000] equally or even more interesting .
[00:22:00.000 --> 00:22:02.000] Econom ist , financi er Mar ius z Stef ani ak .
[00:22:02.000 --> 00:22:04.000] Thank you , goodbye .
[00:22:04.000 --> 00:22:06.000] Thank you very much , the program was led by Kr z ysz to f Stra uch man .
[00:22:06.000 --> 00:22:14.000] In other radio , in G ? uch o ? az y and the area
[00:22:14.000 --> 00:22:16.000] 105 . 2
[00:22:16.000 --> 00:22:18.000] The end
[00:22:18.000 --> 00:22:20.000] The end
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's up , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What do you want to hear ?
[00:00:12.000 --> 00:00:17.000] Our guest is Mar ius z Stef ani ak , financial economist , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:17.000 --> 00:00:20.000] What 's up , Mr . Mar ius z ? Today , we 're talking about debts .
[00:00:20.000 --> 00:00:24.000] You know that on November 17 th we celebrate the " Day without debts ".
[00:00:24.000 --> 00:00:27.000] We 're waiting for some social and informational actions .
[00:00:27.000 --> 00:00:33.000] I 've looked into the data . It turns out that 2 . 5 million Pol es are in the national debt register .
[00:00:33.000 --> 00:00:36.000] So they have problems with some payments .
[00:00:36.000 --> 00:00:42.000] Mr . Mar ius z , is debt a problem of the one who has it or is it a social problem ?
[00:00:42.000 --> 00:00:48.000] Indeed , this idiot ic pseudo - ho ly day is supposedly going on since 2019 .
[00:00:48.000 --> 00:00:50.000] Do you know who was the inventor of this ?
[00:00:50.000 --> 00:00:52.000] Exec utors , right ?
[00:00:52.000 --> 00:00:55.000] A living entity of debt collection .
[00:00:55.000 --> 00:00:59.000] Of course , this should change to the day of financial education .
[00:00:59.000 --> 00:01:03.000] But of course , no one would care about it , because I checked in the studies from September ,
[00:01:03.000 --> 00:01:09.000] only 12 % of Pol es thought that their knowledge of finances is low or extremely low .
[00:01:09.000 --> 00:01:12.000] 39 % don 't feel the need to increase them .
[00:01:12.000 --> 00:01:16.000] 40 % blame the government for their problems .
[00:01:16.000 --> 00:01:19.000] 27 % - bad luck or an event , just genius .
[00:01:19.000 --> 00:01:22.000] 8 % - some kind of spouse and so on .
[00:01:22.000 --> 00:01:28.000] 60 % or more don 't see the connection with their finances and their actions .
[00:01:28.000 --> 00:01:30.000] This is absurd .
[00:01:30.000 --> 00:01:35.000] We live in very nice times , when people buy , spend money , borrow .
[00:01:35.000 --> 00:01:37.000] L ending is very accessible .
[00:01:37.000 --> 00:01:42.000] However , I still remember the movie " K om orn ik ", which once made a very big impression on me .
[00:01:42.000 --> 00:01:44.000] It 's true that it happened 20 years ago .
[00:01:44.000 --> 00:01:48.000] In Wa ? br zych , which was then a city of poverty , bankrupt companies ,
[00:01:48.000 --> 00:01:53.000] there were no life prospects , and the hero of this movie was a very ruthless Kom orn ik ,
[00:01:53.000 --> 00:01:57.000] who was moving to ruthless methods of debt collection .
[00:01:57.000 --> 00:01:59.000] But he was a state official .
[00:01:59.000 --> 00:02:05.000] Now there are no such glo omy movies , so the mood generally favors taking more loans .
[00:02:05.000 --> 00:02:09.000] Do you know any such ruthless methods of debt collection ?
[00:02:09.000 --> 00:02:11.000] Nice , friendly ?
[00:02:11.000 --> 00:02:16.000] Well , you can get along with someone and just hope that he will fulfill the contract .
[00:02:16.000 --> 00:02:21.000] By definition , most debt ors do not have such a train to take responsibility .
[00:02:21.000 --> 00:02:23.000] It came from these statistics .
[00:02:23.000 --> 00:02:28.000] People do not see such a relationship at all and can actually blame everyone except themselves .
[00:02:28.000 --> 00:02:36.000] This is absolutely amazing and shocking to me that such people have a place in our society .
[00:02:36.000 --> 00:02:39.000] I have my favorite saying .
[00:02:39.000 --> 00:02:43.000] A man is in a bad company only in two situations in life .
[00:02:43.000 --> 00:02:46.000] When he is poor and when he is rich .
[00:02:46.000 --> 00:02:49.000] It 's hard to have honor , sir , being in debt everywhere .
[00:02:49.000 --> 00:02:52.000] It 's like having a hard time being an alcoholic .
[00:02:52.000 --> 00:02:55.000] Because these people have to lie from nature , because they can 't tell you ,
[00:02:55.000 --> 00:02:58.000] " Listen , I 'll take money from you , but I won 't give it back to you ."
[00:02:58.000 --> 00:03:02.000] Different people have different boundaries , so you can 't put everyone in one bag .
[00:03:02.000 --> 00:03:07.000] But the general rule is that if you are very poor or very rich ,
[00:03:07.000 --> 00:03:12.000] you have to get rid of most ethical rules , social norms , etc .
[00:03:12.000 --> 00:03:16.000] Otherwise , unfortunately , you will not be able to survive in this environment .
[00:03:16.000 --> 00:03:21.000] Mr . Mar ys ia , let 's move on to the reasons why people become inde bt ed , at least by excess .
[00:03:21.000 --> 00:03:26.000] Are these reasons that they have such a character , they behave irrespons ibly ?
[00:03:26.000 --> 00:03:28.000] Are there any objective reasons for all this ?
[00:03:28.000 --> 00:03:31.000] The gentleman just said that we are willing to point to the government ,
[00:03:31.000 --> 00:03:35.000] to all other circumstances that justify us .
[00:03:35.000 --> 00:03:37.000] Is there some truth to this or not ?
[00:03:37.000 --> 00:03:38.000] Yes and no .
[00:03:38.000 --> 00:03:45.000] The difficulty in answering this question is that there are so - called indirect and direct reasons .
[00:03:45.000 --> 00:03:48.000] So basically , why did this guy break into the store ?
[00:03:48.000 --> 00:03:51.000] You can say directly , because he wanted money .
[00:03:51.000 --> 00:03:54.000] Okay , you 're right . So he was a greedy jerk ?
[00:03:54.000 --> 00:03:56.000] No , because , for example , he was a drug addict .
[00:03:56.000 --> 00:03:57.000] So why did he become a drug addict ?
[00:03:57.000 --> 00:04:00.000] Because that 's why , in the classic example , his single mother raised him .
[00:04:00.000 --> 00:04:06.000] Which is unfortunately a very big indicator of drug crime and various other offenses .
[00:04:06.000 --> 00:04:08.000] You know , you can go so far .
[00:04:08.000 --> 00:04:13.000] A direct reason may be , for example , the decision of some government on some rules ,
[00:04:13.000 --> 00:04:16.000] taxation , or some exempt ions , and so on .
[00:04:16.000 --> 00:04:19.000] But who chooses this government , sir ?
[00:04:19.000 --> 00:04:20.000] What , aliens ?
[00:04:20.000 --> 00:04:23.000] After all , you caused it , man .
[00:04:23.000 --> 00:04:28.000] Instead of talking about debts , let 's talk about economic stupid ity .
[00:04:28.000 --> 00:04:34.000] Why do people who are economic idiots , economic ill iter ates , have the right to vote ?
[00:04:34.000 --> 00:04:37.000] Why do people who are economic idiots , economic ill iter ates , have the right to vote ?
[00:04:37.000 --> 00:04:41.000] Why do second - rate economic idiots start in these elections ?
[00:04:41.000 --> 00:04:47.000] And they talk about things , and promise things that are literally idiot ic or un ach iev able .
[00:04:47.000 --> 00:04:52.000] The classic example of Wa ?? sa , the great no blem an , who promised 300 million to every Pole .
[00:04:52.000 --> 00:04:55.000] And why didn 't he pay this money ?
[00:04:55.000 --> 00:04:56.000] Never , to anyone .
[00:04:56.000 --> 00:04:59.000] I quote , " I didn 't know it was so hard ."
[00:04:59.000 --> 00:05:05.000] Anyway , I would put the whole queue of president idiots in the modern history of Poland .
[00:05:05.000 --> 00:05:11.000] The only one I could say I respect and don 't consider an economic idiot was Ol sz ew ski .
[00:05:11.000 --> 00:05:14.000] Yes , he withd rew from politics , he no longer particip ates in it .
[00:05:14.000 --> 00:05:15.000] You know why ?
[00:05:15.000 --> 00:05:19.000] If you look at the people who rule there , in this police , they distribute the main cards ,
[00:05:19.000 --> 00:05:23.000] a person who has any knowledge , honor , respect for himself ,
[00:05:23.000 --> 00:05:28.000] will not want to join them in any form .
[00:05:28.000 --> 00:05:31.000] But it 's not them who are evil .
[00:05:31.000 --> 00:05:34.000] And what a miracle , such people are in such prominent positions .
[00:05:34.000 --> 00:05:37.000] For years , years , years , years .
[00:05:37.000 --> 00:05:40.000] Since none of the things they say and do ,
[00:05:40.000 --> 00:05:46.000] has anything to do with good economy , logic , facts , or even simple honesty .
[00:05:46.000 --> 00:05:53.000] And when I see statistics that half of Pol es don 't see any problem with their economic knowledge ,
[00:05:53.000 --> 00:06:00.000] I don 't regret anyone who suffers from idiot ic regulations , politicians , taxes ,
[00:06:00.000 --> 00:06:04.000] and in a moment , very big problems in the whole economic country .
[00:06:04.000 --> 00:06:09.000] Because let 's face it , we haven 't paid for idiot ic covid decisions yet ,
[00:06:09.000 --> 00:06:12.000] which were scand alous in every way .
[00:06:12.000 --> 00:06:17.000] Mr . Mar ius z , let 's hope that our hearing contributed a little to the fact that we are raising this level of economic knowledge .
[00:06:17.000 --> 00:06:19.000] I invite you to the break .
[00:06:19.000 --> 00:06:21.000] AM EN
[00:06:21.000 --> 00:06:23.000] AM EN
[00:06:23.000 --> 00:06:25.000] AM EN
[00:06:51.000 --> 00:06:53.000] What 's up , Mr . Mar ius z ?
[00:06:53.000 --> 00:06:55.000] Today , about debts .
[00:06:55.000 --> 00:06:59.000] Our guest is Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:06:59.000 --> 00:07:04.000] You said that it 's hard to find gentle methods of paying off debts ,
[00:07:04.000 --> 00:07:07.000] but as a country , as a state , as a society ,
[00:07:07.000 --> 00:07:10.000] we have faced a special law on so - called consumer de bt ,
[00:07:10.000 --> 00:07:14.000] which is about what people who have overd ue debts can do .
[00:07:14.000 --> 00:07:19.000] Last year , 15 , 000 Pol es reported such consumer debt .
[00:07:19.000 --> 00:07:23.000] In fact , it was not reported , but it was brought to court , and the court announced it .
[00:07:23.000 --> 00:07:26.000] According to the court , all their property was then sold ,
[00:07:26.000 --> 00:07:29.000] at least part of their debts were settled ,
[00:07:29.000 --> 00:07:32.000] and the rest of the debts were ann ull ed .
[00:07:32.000 --> 00:07:34.000] They will not be chased until the end of their lives .
[00:07:34.000 --> 00:07:38.000] They got the so - called " new opening ", they can start from the beginning .
[00:07:38.000 --> 00:07:41.000] If we compare it with the methods that were used previously ,
[00:07:41.000 --> 00:07:45.000] for example in ancient Rome , it looks quite civil ized ,
[00:07:45.000 --> 00:07:51.000] but it 's not , because in ancient Rome , debt ors lost their freedom and became slaves .
[00:07:51.000 --> 00:07:53.000] Do you agree that there is progress ?
[00:07:53.000 --> 00:07:58.000] There is progress , but I don 't know if there is anything to boast about .
[00:07:58.000 --> 00:08:02.000] The laws have been preserved , not only the laws ,
[00:08:02.000 --> 00:08:05.000] but also the court records from the disputes ,
[00:08:05.000 --> 00:08:09.000] just in the case of debts , in the case of slaves , and so on .
[00:08:09.000 --> 00:08:12.000] So we know perfectly well what the laws were ,
[00:08:12.000 --> 00:08:15.000] how they were done , a few simple examples .
[00:08:15.000 --> 00:08:19.000] You mentioned that once a debt or , for example , was enslaved .
[00:08:19.000 --> 00:08:22.000] Yes , but there was a big difference .
[00:08:22.000 --> 00:08:26.000] S lave s , especially debt ors , because I will not talk about other types of slaves here ,
[00:08:26.000 --> 00:08:30.000] it was not allowed to give your children away many times .
[00:08:30.000 --> 00:08:34.000] Although in the Bible , in this part of the Old Testament , there were prohib itions .
[00:08:34.000 --> 00:08:38.000] How many times could you give your child away for a debt ?
[00:08:38.000 --> 00:08:42.000] You could also give yourself away for a debt , or sort of work out those debts .
[00:08:42.000 --> 00:08:46.000] And there was also a constitutional limit described in the regulations ,
[00:08:46.000 --> 00:08:49.000] that you could not be enslaved longer than ...
[00:08:49.000 --> 00:08:53.000] And it dep ended on the period it was , because we saw that the regulations were changing ,
[00:08:53.000 --> 00:08:55.000] and from the country , from the culture .
[00:08:55.000 --> 00:08:58.000] So it was usually from a few , sometimes up to a dozen years .
[00:08:58.000 --> 00:09:03.000] So no matter how big your debt was , you were not allowed to keep more than , for example , five years .
[00:09:03.000 --> 00:09:06.000] And not only that , you were not allowed to kill , to torture ,
[00:09:06.000 --> 00:09:09.000] you were also not allowed to sexually abuse these women .
[00:09:09.000 --> 00:09:13.000] There was literally such a record , probably even from the Sum er ian period .
[00:09:13.000 --> 00:09:16.000] It was so very , very civil ized .
[00:09:16.000 --> 00:09:19.000] And now , let 's put it all together with what is cur r ently .
[00:09:19.000 --> 00:09:23.000] People today can literally owe themselves for generations .
[00:09:23.000 --> 00:09:27.000] Of course , you mentioned this institution of consumer decline .
[00:09:27.000 --> 00:09:32.000] It is a mistake to claim that the procedure automatically can c els debts .
[00:09:32.000 --> 00:09:35.000] It is also a mistake to assume that the entire debt is canceled .
[00:09:35.000 --> 00:09:38.000] Unfortunately , this is not how it works .
[00:09:38.000 --> 00:09:43.000] The institution of decline , in general , in the regulations , including consumer decline in particular ,
[00:09:43.000 --> 00:09:48.000] provides the possibility of settling debts , but never in its entirety , sir .
[00:09:48.000 --> 00:09:51.000] Here we give ourselves to the management .
[00:09:51.000 --> 00:09:53.000] Someone manages all our property , everything .
[00:09:53.000 --> 00:09:58.000] So if we totally lose everything , and in the times of slavery you did not lose your property .
[00:09:58.000 --> 00:10:00.000] Let him not take anything from you .
[00:10:00.000 --> 00:10:06.000] And now you had a choice to keep your entire property and work in a factory for a long time ,
[00:10:06.000 --> 00:10:10.000] I would not be surprised if most people chose these old - fashioned regulations .
[00:10:10.000 --> 00:10:14.000] Re cy cling it , rather than giving up the pro fit of your life .
[00:10:14.000 --> 00:10:17.000] The owner of the sl av e had to take care that he had ...
[00:10:17.000 --> 00:10:20.000] Exactly , it 's not that simple , sir .
[00:10:20.000 --> 00:10:24.000] He had to give him a flat , food , clothes .
[00:10:24.000 --> 00:10:26.000] It 's not that funny , you know .
[00:10:26.000 --> 00:10:31.000] I also saw the regulations , also from the old tablets , very , very , very old .
[00:10:31.000 --> 00:10:37.000] Where there was even a record that the slave could not be charged with any fees .
[00:10:37.000 --> 00:10:41.000] It was clear that people were comp osing in this way , that 's why a formal regulation came out .
[00:10:41.000 --> 00:10:47.000] Sorry , but if he 's your slave , you take a car for le asing , you have to pay for its operation .
[00:10:47.000 --> 00:10:50.000] The le asing provider will not pay you for it .
[00:10:50.000 --> 00:10:53.000] And this is very reasonable .
[00:10:53.000 --> 00:10:56.000] Let 's not be delighted with the cur r ent wonderful regulations .
[00:10:56.000 --> 00:11:01.000] And let 's not throw mud at our ancestors , who were not idiots at all , sir .
[00:11:01.000 --> 00:11:04.000] And in the economy , I think they had much healthier views .
[00:11:04.000 --> 00:11:07.000] And a classic example , that is , this pe asant .
[00:11:07.000 --> 00:11:14.000] The pe asant paid all his taxes , debts and debts in relation to various items ,
[00:11:14.000 --> 00:11:17.000] in the course of 1 to 3 months .
[00:11:17.000 --> 00:11:21.000] An average Pole has to pay it for 6 months .
[00:11:21.000 --> 00:11:24.000] And I 'm talking about an average Pole , who has no debts and so on .
[00:11:24.000 --> 00:11:28.000] Well , Mr . Mar ys iu , but it is said that a small debt is a debt or 's problem ,
[00:11:28.000 --> 00:11:32.000] and a large debt or a large debt is already a problem of the one who borrowed money .
[00:11:32.000 --> 00:11:34.000] It 's hard not to agree with it .
[00:11:34.000 --> 00:11:38.000] There are solutions like , for example , the banking information system .
[00:11:38.000 --> 00:11:40.000] There is a study of credibility .
[00:11:40.000 --> 00:11:43.000] I do not quite agree with you on the claim that you can borrow for generations .
[00:11:43.000 --> 00:11:49.000] Banks should ensure that our debts do not exceed a certain level , which we cannot pay later .
[00:11:49.000 --> 00:11:52.000] By chance , I worked in the central bank of the large bank ,
[00:11:52.000 --> 00:11:56.000] and on my floor in the central bank there was the so - called Department of Dif fic ult Credit .
[00:11:56.000 --> 00:11:58.000] That 's exactly what you 're talking about .
[00:11:58.000 --> 00:12:02.000] As far as I know , most of these most serious things
[00:12:02.000 --> 00:12:05.000] were actually the result of criminal activity .
[00:12:05.000 --> 00:12:09.000] Literally , bank directors were getting loans ,
[00:12:09.000 --> 00:12:12.000] which they knew by definition would never be paid .
[00:12:12.000 --> 00:12:15.000] And they were never supposed to be paid , to make it funny .
[00:12:15.000 --> 00:12:20.000] In fact , it 's not a problem , just a regular citizen , but a system problem .
[00:12:20.000 --> 00:12:22.000] As you say , banks should be watching .
[00:12:22.000 --> 00:12:24.000] Okay , but what should banks be watching ?
[00:12:24.000 --> 00:12:27.000] The bank is a fictional entity , sir .
[00:12:27.000 --> 00:12:29.000] This is what people are standing for .
[00:12:29.000 --> 00:12:32.000] And these people have specific interests .
[00:12:32.000 --> 00:12:36.000] If we talk even more about banks that do not have a specific owner ,
[00:12:36.000 --> 00:12:38.000] who would care that this bank was profitable ,
[00:12:38.000 --> 00:12:40.000] then it leads to paradox es .
[00:12:40.000 --> 00:12:43.000] If you add the whole political system to this ,
[00:12:43.000 --> 00:12:45.000] then it leads to paradox es .
[00:12:45.000 --> 00:12:47.000] So please look at what we 're discussing ,
[00:12:47.000 --> 00:12:49.000] all these scand als around the world ,
[00:12:49.000 --> 00:12:52.000] the bank 's bankruptcy in the US .
[00:12:52.000 --> 00:12:55.000] There were government institutions that were supposed to be watching ,
[00:12:55.000 --> 00:12:58.000] and those institutions were not .
[00:12:58.000 --> 00:13:00.000] And it came out beautifully in this scandal ,
[00:13:00.000 --> 00:13:03.000] which practically no one wrote about , sir .
[00:13:03.000 --> 00:13:07.000] Because the more loans there were , the better .
[00:13:07.000 --> 00:13:09.000] They had more money , sir .
[00:13:09.000 --> 00:13:11.000] And that these loans were completely fictional ,
[00:13:11.000 --> 00:13:13.000] they didn 't care about it anymore .
[00:13:13.000 --> 00:13:16.000] It is worth looking at the fact that the whole system ,
[00:13:16.000 --> 00:13:19.000] which is out of the control of the citizen ,
[00:13:19.000 --> 00:13:23.000] can be contaminated , sick , depressed .
[00:13:23.000 --> 00:13:26.000] I 'm afraid we can think about it
[00:13:26.000 --> 00:13:28.000] completely seriously , looking at the Polish financial system
[00:13:28.000 --> 00:13:32.000] and the Polish system of creating debts and repay ments .
[00:13:32.000 --> 00:13:36.000] The whole system causes dep ra vation and corruption
[00:13:36.000 --> 00:13:40.000] of people who are supposed to act on behalf of the citizens ,
[00:13:40.000 --> 00:13:42.000] on behalf of entrepreneurs .
[00:13:42.000 --> 00:13:45.000] Let 's take a break and come back to this topic in the third part of the broadcast .
[00:13:46.000 --> 00:13:49.000] P ARR OT TV
[00:13:49.000 --> 00:13:54.000] P ARR OT TV
[00:13:54.000 --> 00:13:59.000] P ARR OT TV
[00:13:59.000 --> 00:14:04.000] P ARR OT TV
[00:14:04.000 --> 00:14:09.000] P ARR OT TV
[00:14:09.000 --> 00:14:14.000] P ARR OT TV
[00:14:16.000 --> 00:14:19.000] Our broadcast " What 's the deal , Mr . Mar ius z ?"
[00:14:19.000 --> 00:14:22.000] Mar ius z S te f ani ak , economic and financial expert .
[00:14:22.000 --> 00:14:24.000] Today , the topic of debts , loans .
[00:14:24.000 --> 00:14:28.000] Let 's talk a little about the scale of debt in our country .
[00:14:28.000 --> 00:14:31.000] Driving somewhere in Western Europe , the United States ,
[00:14:31.000 --> 00:14:34.000] you can often see homeless people ,
[00:14:34.000 --> 00:14:36.000] deprived of any property ,
[00:14:36.000 --> 00:14:38.000] who are st aying on the streets .
[00:14:38.000 --> 00:14:39.000] We don 't have that yet .
[00:14:39.000 --> 00:14:41.000] Apparently we have about 30 , 000 homeless people ,
[00:14:41.000 --> 00:14:43.000] but they don 't show up .
[00:14:43.000 --> 00:14:46.000] Does this mean that our scale of poverty caused by ,
[00:14:46.000 --> 00:14:49.000] for example , debt is relatively small ?
[00:14:49.000 --> 00:14:51.000] What does it look like in other countries , Mr . Mar ius z ?
[00:14:51.000 --> 00:14:54.000] The fact that you don 't see mass homelessness
[00:14:54.000 --> 00:14:57.000] unfortunately doesn 't mean anything .
[00:14:57.000 --> 00:14:59.000] From my experience , it turns out ,
[00:14:59.000 --> 00:15:02.000] practically in all the statistics I 've seen ,
[00:15:02.000 --> 00:15:05.000] that we can easily multiply official data
[00:15:05.000 --> 00:15:07.000] by 2 , 3 or 5
[00:15:07.000 --> 00:15:10.000] if we want to know the scale of the phenomenon .
[00:15:10.000 --> 00:15:14.000] Let 's also add that many really homeless people
[00:15:14.000 --> 00:15:16.000] have houses and families
[00:15:16.000 --> 00:15:18.000] and they are not in the statistics ,
[00:15:18.000 --> 00:15:20.000] because they are not formally homeless ,
[00:15:20.000 --> 00:15:22.000] but in practice , unfortunately , they are .
[00:15:22.000 --> 00:15:24.000] Let 's add another element ,
[00:15:24.000 --> 00:15:26.000] that many people in need ,
[00:15:26.000 --> 00:15:28.000] for example , of the de bt ors ,
[00:15:28.000 --> 00:15:30.000] do not have their own apartment
[00:15:30.000 --> 00:15:33.000] and the gigantic number of Pol es ,
[00:15:33.000 --> 00:15:36.000] I would put it as hundreds of thousands of Pol es ,
[00:15:36.000 --> 00:15:38.000] is on the border of homelessness ,
[00:15:38.000 --> 00:15:42.000] although most of them don 't even know about it .
[00:15:42.000 --> 00:15:44.000] How does it happen ?
[00:15:44.000 --> 00:15:45.000] Very simple .
[00:15:45.000 --> 00:15:47.000] An example , 2008 USA .
[00:15:47.000 --> 00:15:50.000] Suddenly , the number of homeless people jumped rapidly .
[00:15:50.000 --> 00:15:53.000] It turned out that due to this crisis ,
[00:15:53.000 --> 00:15:55.000] this speculation bubble ,
[00:15:55.000 --> 00:15:57.000] most people didn 't have money
[00:15:57.000 --> 00:15:59.000] for the houses they lived in .
[00:15:59.000 --> 00:16:01.000] They ended up on the street .
[00:16:01.000 --> 00:16:03.000] Banks took their houses , right ?
[00:16:03.000 --> 00:16:04.000] Exactly !
[00:16:04.000 --> 00:16:06.000] Now let 's look at the data in Poland .
[00:16:06.000 --> 00:16:09.000] How many apartments are bought on credit ?
[00:16:09.000 --> 00:16:10.000] I think the majority .
[00:16:10.000 --> 00:16:12.000] The vast majority , that 's right .
[00:16:12.000 --> 00:16:13.000] Another question .
[00:16:13.000 --> 00:16:15.000] How many percent of these people
[00:16:15.000 --> 00:16:17.000] could pay off this loan ,
[00:16:17.000 --> 00:16:20.000] if suddenly we also had such a crash ?
[00:16:20.000 --> 00:16:22.000] These are very real things .
[00:16:22.000 --> 00:16:24.000] It takes literally a few days
[00:16:24.000 --> 00:16:26.000] for something like this to happen .
[00:16:26.000 --> 00:16:28.000] A crash on the housing market ,
[00:16:28.000 --> 00:16:30.000] like in the United States ,
[00:16:30.000 --> 00:16:32.000] would suddenly make us out of 30
[00:16:32.000 --> 00:16:34.000] 300 , 000 homeless people ,
[00:16:34.000 --> 00:16:35.000] maybe even more .
[00:16:35.000 --> 00:16:38.000] This can have very important social consequences .
[00:16:38.000 --> 00:16:40.000] Because homeless people ,
[00:16:40.000 --> 00:16:42.000] people deprived of property ,
[00:16:42.000 --> 00:16:43.000] which is probably natural ,
[00:16:43.000 --> 00:16:45.000] are more likely to commit crimes ,
[00:16:45.000 --> 00:16:47.000] because they are desperate .
[00:16:47.000 --> 00:16:49.000] Isn 't it in our interest
[00:16:49.000 --> 00:16:51.000] to keep the streets calm ,
[00:16:51.000 --> 00:16:54.000] to control this phenomenon of mass decline ?
[00:16:54.000 --> 00:16:57.000] Have you ever heard of a homeless gang ?
[00:16:57.000 --> 00:16:59.000] Most crimes are not committed by
[00:16:59.000 --> 00:17:00.000] bank ru pt or homeless people ,
[00:17:00.000 --> 00:17:02.000] but by people living in social housing ,
[00:17:02.000 --> 00:17:03.000] living on the streets ,
[00:17:03.000 --> 00:17:05.000] from broken families , sir .
[00:17:05.000 --> 00:17:07.000] These are children of lonely mothers ,
[00:17:07.000 --> 00:17:08.000] raised without fathers .
[00:17:08.000 --> 00:17:09.000] They are in prison ,
[00:17:09.000 --> 00:17:11.000] and they get add ic ted .
[00:17:11.000 --> 00:17:13.000] And it 's these drug addict s
[00:17:13.000 --> 00:17:15.000] who attack you on the street .
[00:17:15.000 --> 00:17:17.000] The statistics are so crushing ,
[00:17:17.000 --> 00:17:19.000] that it 's hard to believe
[00:17:19.000 --> 00:17:20.000] that no one does anything about it ,
[00:17:20.000 --> 00:17:22.000] and even most people don 't talk about it .
[00:17:22.000 --> 00:17:24.000] I will quote , for example ,
[00:17:24.000 --> 00:17:25.000] the University of S iles ia ,
[00:17:25.000 --> 00:17:27.000] which has published a scientific paper .
[00:17:27.000 --> 00:17:30.000] The current father of a family of minor criminals ,
[00:17:30.000 --> 00:17:32.000] they say , among other things ,
[00:17:32.000 --> 00:17:36.000] that 73 . 33 % of minor criminals
[00:17:36.000 --> 00:17:39.000] have experienced the loss of their father in their life .
[00:17:39.000 --> 00:17:41.000] If you want to talk about crime ,
[00:17:41.000 --> 00:17:44.000] then talk about broken families .
[00:17:44.000 --> 00:17:46.000] I don 't know if I 've ever been upset
[00:17:46.000 --> 00:17:48.000] about how people blame the government
[00:17:48.000 --> 00:17:50.000] for their financial misf ortun es .
[00:17:50.000 --> 00:17:52.000] It 's exactly the same .
[00:17:52.000 --> 00:17:54.000] Why don 't you talk about it in public ?
[00:17:54.000 --> 00:17:55.000] Why don 't you look for reasons
[00:17:55.000 --> 00:17:56.000] and don 't fight it ?
[00:17:56.000 --> 00:17:58.000] It doesn 't make any sense .
[00:17:58.000 --> 00:18:00.000] The government can 't do it .
[00:18:00.000 --> 00:18:01.000] This is , unfortunately , a situation
[00:18:01.000 --> 00:18:04.000] when a politician starts to govern the economy .
[00:18:04.000 --> 00:18:06.000] This is what I fundamentally disagree with .
[00:18:06.000 --> 00:18:10.000] To allow politicians to govern , sir .
[00:18:10.000 --> 00:18:12.000] A politician is not suitable for governance ,
[00:18:12.000 --> 00:18:13.000] because he has no idea
[00:18:13.000 --> 00:18:15.000] about management or economy .
[00:18:15.000 --> 00:18:17.000] They just don 't know about it .
[00:18:17.000 --> 00:18:19.000] The only question is when there will be a drama ,
[00:18:19.000 --> 00:18:21.000] and not whether there will be a drama .
[00:18:21.000 --> 00:18:22.000] Because there is no method
[00:18:22.000 --> 00:18:24.000] to make it work well .
[00:18:24.000 --> 00:18:26.000] Mr . Mar ius z , but I will ask you ,
[00:18:26.000 --> 00:18:28.000] about our current situation .
[00:18:28.000 --> 00:18:30.000] You yourself mentioned a moment ago
[00:18:30.000 --> 00:18:32.000] that maybe we will be in a bankruptcy ,
[00:18:32.000 --> 00:18:34.000] which will end with banks taking
[00:18:34.000 --> 00:18:36.000] houses , apartments from people
[00:18:36.000 --> 00:18:37.000] who are mort g aged .
[00:18:37.000 --> 00:18:39.000] The Polish Bank ing Association
[00:18:39.000 --> 00:18:41.000] is demanding to resign from credit holidays ,
[00:18:41.000 --> 00:18:43.000] because it argues that until now
[00:18:43.000 --> 00:18:45.000] Pol es have not used the money
[00:18:45.000 --> 00:18:47.000] they were given to buy
[00:18:47.000 --> 00:18:48.000] some unnecessary things ,
[00:18:48.000 --> 00:18:50.000] they just either over paid their loans
[00:18:50.000 --> 00:18:53.000] or made a savings .
[00:18:53.000 --> 00:18:55.000] Meanwhile , our declining government
[00:18:55.000 --> 00:18:57.000] wants these holidays next year ,
[00:18:57.000 --> 00:18:59.000] because it explains that
[00:18:59.000 --> 00:19:01.000] we are in danger of bankruptcy .
[00:19:01.000 --> 00:19:03.000] So , on whose side should the state stand ?
[00:19:03.000 --> 00:19:05.000] On the side of banks or on the side of people ?
[00:19:05.000 --> 00:19:07.000] Should we simply not interfere
[00:19:07.000 --> 00:19:08.000] in such things ?
[00:19:08.000 --> 00:19:10.000] You know my opinion about credit holidays
[00:19:10.000 --> 00:19:12.000] and other popul ist measures
[00:19:12.000 --> 00:19:14.000] that destroy the economy .
[00:19:14.000 --> 00:19:16.000] Yes , they only delay the sentence , right ?
[00:19:16.000 --> 00:19:18.000] Not only delay ,
[00:19:18.000 --> 00:19:20.000] they also wor sen the whole situation ,
[00:19:20.000 --> 00:19:22.000] because they teach people
[00:19:22.000 --> 00:19:24.000] to behave in a normal , irrational way .
[00:19:24.000 --> 00:19:26.000] The only situation
[00:19:26.000 --> 00:19:28.000] I would support
[00:19:28.000 --> 00:19:30.000] is something called
[00:19:30.000 --> 00:19:32.000] an economic lever .
[00:19:32.000 --> 00:19:34.000] It means a situation
[00:19:34.000 --> 00:19:36.000] when an entity is in debt
[00:19:36.000 --> 00:19:38.000] to increase the efficiency
[00:19:38.000 --> 00:19:40.000] of its capital .
[00:19:40.000 --> 00:19:42.000] To put it wisely ,
[00:19:42.000 --> 00:19:44.000] it is a situation
[00:19:44.000 --> 00:19:46.000] when we borrow money
[00:19:46.000 --> 00:19:48.000] to achieve higher profits
[00:19:48.000 --> 00:19:50.000] from our activities .
[00:19:50.000 --> 00:19:52.000] Let 's take a look at the scale .
[00:19:52.000 --> 00:19:54.000] You had one shop ,
[00:19:54.000 --> 00:19:56.000] but thanks to the credit you open three shops .
[00:19:56.000 --> 00:19:58.000] You earn 20 % per year .
[00:19:58.000 --> 00:20:00.000] The credit costs you 10 % per year ,
[00:20:00.000 --> 00:20:02.000] so you get 10 % of each shop
[00:20:02.000 --> 00:20:04.000] for free .
[00:20:04.000 --> 00:20:06.000] Only it works
[00:20:06.000 --> 00:20:08.000] when your calculations
[00:20:08.000 --> 00:20:10.000] are correct
[00:20:10.000 --> 00:20:12.000] and nothing unexpected happens .
[00:20:12.000 --> 00:20:14.000] You pay an increased risk
[00:20:14.000 --> 00:20:16.000] for this extraordinary profit .
[00:20:16.000 --> 00:20:18.000] So if it 's good ,
[00:20:18.000 --> 00:20:20.000] it 's going to be very good .
[00:20:20.000 --> 00:20:22.000] But if it 's bad , it 's going to be very bad .
[00:20:22.000 --> 00:20:24.000] That 's why if you borrow
[00:20:24.000 --> 00:20:26.000] to open a layer
[00:20:26.000 --> 00:20:28.000] of the mechanism
[00:20:28.000 --> 00:20:30.000] where you will earn a lot of money ,
[00:20:30.000 --> 00:20:32.000] very wisely ,
[00:20:32.000 --> 00:20:34.000] but on the other hand ,
[00:20:34.000 --> 00:20:36.000] if you borrow to have a nicer apartment ,
[00:20:36.000 --> 00:20:38.000] a nicer car ,
[00:20:38.000 --> 00:20:40.000] I 'm sorry ,
[00:20:40.000 --> 00:20:42.000] you are economic ill iter ates .
[00:20:42.000 --> 00:20:44.000] What you deserve
[00:20:44.000 --> 00:20:46.000] is the violation
[00:20:46.000 --> 00:20:48.000] of the law .
[00:20:48.000 --> 00:20:50.000] Thank you very much for today 's conversation .
[00:20:50.000 --> 00:20:52.000] Mar ius z Stef ani ak , economist ,
[00:20:52.000 --> 00:20:54.000] financial expert , our expert .
[00:20:54.000 --> 00:20:56.000] Thank you .
[00:20:56.000 --> 00:20:58.000] And Kr z ysz to f Stra uch man ,
[00:20:58.000 --> 00:21:00.000] who gave the hearing .
[00:21:00.000 --> 00:21:02.000] See you .
[00:21:02.000 --> 00:21:04.000] In Ch o ? az y and the area
[00:21:04.000 --> 00:21:06.000] 105 and 2 .
[00:21:06.000 --> 00:21:08.000] P ARR OT TV
[00:21:08.000 --> 00:21:10.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's the deal , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:14.000] What 's the deal , Mr . Mar ius z ?
[00:00:14.000 --> 00:00:18.000] Mar ius z Stef ani ak , economist , financi er , president of the " W i ? cej M ?d ro ?ci " foundation .
[00:00:18.000 --> 00:00:22.000] Today we share with you our reflections on how easily you can be deceived .
[00:00:22.000 --> 00:00:24.000] What did you hear there again ?
[00:00:24.000 --> 00:00:28.000] I heard that we have to pay for the dec oding of a lady named Kat ar zy na P .
[00:00:28.000 --> 00:00:32.000] Pro ced ural reasons prohib it us from using her full name here .
[00:00:32.000 --> 00:00:37.000] She is a co - creat or of the financial pyramid " U mber go ld ", a very famous affair 10 years ago .
[00:00:37.000 --> 00:00:42.000] Mrs . Kat ar zy na P . is to receive 6 , 500 euros , actually from us , from the state treasury ,
[00:00:42.000 --> 00:00:47.000] for sitting 6 , 5 years without a court order in a temporary arrest .
[00:00:47.000 --> 00:00:52.000] The European Court of Justice has decided that this is an irre f utable ly long time .
[00:00:52.000 --> 00:00:53.000] Who did wrong here ?
[00:00:53.000 --> 00:00:59.000] Polish justice system chasing a fraud or European justice system defending fraud ?
[00:00:59.000 --> 00:01:03.000] You know , it 's hard for me to comment on the judiciary , because it 's not my special ization ,
[00:01:03.000 --> 00:01:06.000] but I can refer to the economic aspect .
[00:01:06.000 --> 00:01:11.000] The very situation that obvious fraud s have been working for years
[00:01:11.000 --> 00:01:15.000] and despite many reports damaged , no one takes action .
[00:01:15.000 --> 00:01:19.000] This is a signal that the state is doing badly .
[00:01:19.000 --> 00:01:23.000] It 's a signal on every level , from social foundations to the highest levels of executive power ,
[00:01:23.000 --> 00:01:25.000] judiciary , judiciary .
[00:01:25.000 --> 00:01:29.000] Only people are looking for escape with capital from inflation ,
[00:01:29.000 --> 00:01:32.000] because they don 't want to be robbed by inflation .
[00:01:32.000 --> 00:01:34.000] Read by the government , of course .
[00:01:34.000 --> 00:01:38.000] But they fall into the hands of even bigger thieves .
[00:01:38.000 --> 00:01:40.000] It 's like hunting with a t ar get .
[00:01:40.000 --> 00:01:42.000] A frightened animal that runs away from noise ,
[00:01:42.000 --> 00:01:45.000] falls under the gun fire of hunters .
[00:01:45.000 --> 00:01:48.000] I noticed this pattern in the economy of all countries ,
[00:01:48.000 --> 00:01:50.000] where the state doesn 't work in the interest of the citizens ,
[00:01:50.000 --> 00:01:55.000] but the elite of ruling and financing or even buying politicians .
[00:01:55.000 --> 00:01:58.000] Today 's topic will be especially important for the listeners
[00:01:58.000 --> 00:02:02.000] and will be an opportunity for us to give a few practical tips
[00:02:02.000 --> 00:02:06.000] on how to protect yourself from sc ammers , where to look for help .
[00:02:06.000 --> 00:02:08.000] We 'll come back to this at the end of our broadcast .
[00:02:08.000 --> 00:02:10.000] First , I have a set of questions for you .
[00:02:10.000 --> 00:02:13.000] We talked about compensation for Kat ar zy na P .,
[00:02:13.000 --> 00:02:18.000] but it 's not the only financial consequences of the state 's failure in the U mb er Gold case .
[00:02:18.000 --> 00:02:23.000] Because earlier the court admitted the compensation of 20 million for 200 people
[00:02:23.000 --> 00:02:27.000] who invested in U mber Gold and lost their money .
[00:02:27.000 --> 00:02:31.000] The court found that the state bodies were too late to deal with sc ammers ,
[00:02:31.000 --> 00:02:36.000] too late to take action to punish these sc ammers .
[00:02:36.000 --> 00:02:40.000] The basic question that has been asked several times in this broadcast .
[00:02:40.000 --> 00:02:44.000] Should we be responsible for the consequences of our financial decisions ourselves
[00:02:44.000 --> 00:02:47.000] or should we look at some kind of state security umbrella ?
[00:02:47.000 --> 00:02:51.000] Do sc ammers who have been deceived have to lose their money
[00:02:51.000 --> 00:02:53.000] or do all tax p ay ers answer ?
[00:02:53.000 --> 00:02:55.000] I would answer in two ways .
[00:02:55.000 --> 00:02:59.000] One is the ancient Roman saying " bu y and be ware ".
[00:02:59.000 --> 00:03:03.000] As you said , our interest is to protect our property .
[00:03:03.000 --> 00:03:07.000] Unfortunately , being an intelligent and experienced man
[00:03:07.000 --> 00:03:10.000] who works in the media world knows perfectly well
[00:03:10.000 --> 00:03:14.000] that it 's not about us being careless or stupid ,
[00:03:14.000 --> 00:03:17.000] but we 're dealing with something much bigger .
[00:03:17.000 --> 00:03:21.000] Let 's be honest , in such situations , in such affairs ,
[00:03:21.000 --> 00:03:25.000] no one will be convicted of the crimes except for the so - called " p ill ars ".
[00:03:25.000 --> 00:03:29.000] These are people who are purpose fully put in front of sc ammers
[00:03:29.000 --> 00:03:31.000] to be chased .
[00:03:31.000 --> 00:03:34.000] And the bosses , i . e . the brain of the whole operation ,
[00:03:34.000 --> 00:03:37.000] most often organized groups , the whole mafia ,
[00:03:37.000 --> 00:03:41.000] use only stolen money and do not pose any responsibility at all .
[00:03:41.000 --> 00:03:45.000] No one ever bl ames them .
[00:03:45.000 --> 00:03:50.000] For decades , we have had systematic , gigantic fraud s in Poland .
[00:03:50.000 --> 00:03:53.000] The system is such that politicians , consciously or not ,
[00:03:53.000 --> 00:03:56.000] create a place that is friendly to the thief .
[00:03:56.000 --> 00:03:58.000] Who is talking about fraud ?
[00:03:58.000 --> 00:04:02.000] The police command ant from the transport deton ates a grenade launcher in his own office ?
[00:04:02.000 --> 00:04:04.000] The grenade launcher ?
[00:04:04.000 --> 00:04:06.000] It wasn 't even released , of course .
[00:04:06.000 --> 00:04:09.000] Do you expect such people to be chased by some organized groups ,
[00:04:09.000 --> 00:04:13.000] some mafia , some gigantic , billion - dollar fraud s ?
[00:04:13.000 --> 00:04:16.000] Well , recently I read the information that leaked from the police ,
[00:04:16.000 --> 00:04:20.000] where they themselves admit that they are a complete failure
[00:04:20.000 --> 00:04:23.000] in gaining new staff .
[00:04:23.000 --> 00:04:26.000] No one respects them and doesn 't want to work there ,
[00:04:26.000 --> 00:04:29.000] because people are ashamed to work in the police .
[00:04:29.000 --> 00:04:32.000] This is probably a complete failure .
[00:04:32.000 --> 00:04:35.000] When I visit different countries , and you probably do the same ,
[00:04:35.000 --> 00:04:38.000] we inadvert ently notice how the police works there .
[00:04:38.000 --> 00:04:42.000] And it is either part of the criminal system , like in Ukraine , for example ,
[00:04:42.000 --> 00:04:46.000] where they always had some money in their pockets for the police .
[00:04:46.000 --> 00:04:48.000] This is a system .
[00:04:48.000 --> 00:04:50.000] Another example could be , for example , Japan .
[00:04:50.000 --> 00:04:53.000] If you want to ask someone about something , ask the police ,
[00:04:53.000 --> 00:04:56.000] because it is the safest , smartest , most sensible .
[00:04:56.000 --> 00:05:00.000] Everyone will know whether the police is there to give mandates ,
[00:05:00.000 --> 00:05:03.000] to chase ordinary citizens , not criminals ,
[00:05:03.000 --> 00:05:07.000] or maybe just to chase criminals and help citizens .
[00:05:07.000 --> 00:05:12.000] Let 's remember what a policeman looked like and where he was .
[00:05:12.000 --> 00:05:15.000] They only stood at the intersection , guided traffic , were on the streets ,
[00:05:15.000 --> 00:05:17.000] because where they were needed .
[00:05:17.000 --> 00:05:20.000] They didn 't give any mandates , there was no such idea at all .
[00:05:20.000 --> 00:05:22.000] He was in charge of the order .
[00:05:22.000 --> 00:05:24.000] And now you won 't see a policeman on the street ,
[00:05:24.000 --> 00:05:27.000] let alone at the intersection , unless it 's a big parade ,
[00:05:27.000 --> 00:05:30.000] or some really mac ab re , big accident .
[00:05:30.000 --> 00:05:32.000] This is how the role of the police has changed .
[00:05:32.000 --> 00:05:34.000] That 's why people are ashamed to be in the police .
[00:05:34.000 --> 00:05:36.000] Po op , drinking , dr unken ness .
[00:05:36.000 --> 00:05:40.000] Other state institutions also function ed in the Amber Gold affair ,
[00:05:40.000 --> 00:05:42.000] such as the Financial Super vision Commission ,
[00:05:42.000 --> 00:05:44.000] which should prevent such a situation .
[00:05:44.000 --> 00:05:46.000] Before there is such a scale of fraud ,
[00:05:46.000 --> 00:05:50.000] the Financial Super vision Commission publish es some public warnings ,
[00:05:50.000 --> 00:05:52.000] warn s people against suspicious films .
[00:05:52.000 --> 00:05:54.000] Why didn 't it work then ?
[00:05:54.000 --> 00:05:58.000] Let 's remember the simple rule - the fish breaks its head .
[00:05:58.000 --> 00:06:01.000] In the Amber Gold affair , you probably realize
[00:06:01.000 --> 00:06:05.000] how well - d ocumented the participation of people
[00:06:05.000 --> 00:06:09.000] at various levels related to various control services is .
[00:06:09.000 --> 00:06:11.000] Whether it 's the tax authorities ,
[00:06:11.000 --> 00:06:15.000] whether it 's the special services , some AB W , C B ? ? , police .
[00:06:15.000 --> 00:06:19.000] These people were more or less involved
[00:06:19.000 --> 00:06:23.000] in the fact that this affair could have lasted so many years
[00:06:23.000 --> 00:06:27.000] and could have stolen so many tens of millions of people .
[00:06:27.000 --> 00:06:32.000] Do you remember our hearing about this residential speculation bank in the United States ?
[00:06:32.000 --> 00:06:36.000] The foundation of this bank was a special agency
[00:06:36.000 --> 00:06:39.000] called to rate these bonds .
[00:06:39.000 --> 00:06:41.000] It was they who actually stood behind it .
[00:06:41.000 --> 00:06:45.000] They gave high ratings , sometimes at the highest level ,
[00:06:45.000 --> 00:06:48.000] to securities that were just garbage .
[00:06:48.000 --> 00:06:53.000] Here we have systemic errors that lead to gigantic twists and turns .
[00:06:53.000 --> 00:06:59.000] Because it 's impossible to steal hundreds of millions of z lot ys from thousands of people
[00:06:59.000 --> 00:07:03.000] without the support of the appropriate authorities .
[00:07:03.000 --> 00:07:06.000] It 's not that everyone was a criminal there ,
[00:07:06.000 --> 00:07:09.000] but some people turned their heads when they felt comfortable and profitable .
[00:07:09.000 --> 00:07:13.000] We 'll come back to the topic of financial pyram ids and how they work after the break ,
[00:07:13.000 --> 00:07:15.000] which I invite you to .
[00:07:16.000 --> 00:07:19.000] P ARR OT TV
[00:07:19.000 --> 00:07:22.000] P ARR OT TV
[00:07:47.000 --> 00:07:49.000] Ladies and gentlemen , Mr . Mar ius z , Mar ius z Stef ani ak ,
[00:07:49.000 --> 00:07:52.000] economist , financi er , president of the " W i ? cej M ?d ro ?ci " Foundation .
[00:07:52.000 --> 00:07:56.000] Today we share with you our reflections on how easily you can be deceived .
[00:07:56.000 --> 00:08:00.000] Financial pyram ids are an old invention , they have been working for a long time .
[00:08:00.000 --> 00:08:04.000] It is an invention that is still effective , someone can still get it .
[00:08:04.000 --> 00:08:08.000] You said that people run away from inflation with their money .
[00:08:08.000 --> 00:08:11.000] But 10 years ago , inflation was not that high .
[00:08:11.000 --> 00:08:15.000] Did the desire for earnings and greed decide then ?
[00:08:15.000 --> 00:08:20.000] Why do we still easily believe in the in it ial profits offered by very suspicious companies ?
[00:08:20.000 --> 00:08:23.000] Well , why do we play L otto , for example ?
[00:08:23.000 --> 00:08:29.000] The chances of winning are 13 , 98 3 , 8 16 .
[00:08:29.000 --> 00:08:33.000] To win , you would have to spend 42 billion z lot ys .
[00:08:33.000 --> 00:08:35.000] And people play . Why ?
[00:08:35.000 --> 00:08:36.000] Because they lose little .
[00:08:36.000 --> 00:08:37.000] Yes , you are right .
[00:08:37.000 --> 00:08:42.000] This shows a certain scheme , because to understand a big scam , you have to understand a small scam .
[00:08:42.000 --> 00:08:45.000] There is a psychological aspect , ignorance of economics and mathematics .
[00:08:45.000 --> 00:08:47.000] The next aspect is a bit more serious .
[00:08:47.000 --> 00:08:52.000] Because such a lot to reveals that poor people go there most often .
[00:08:52.000 --> 00:08:56.000] No chance for big money gained from their skills .
[00:08:56.000 --> 00:09:00.000] Just as we talked about China and their gigantic housing scam .
[00:09:00.000 --> 00:09:04.000] Why did people invest their savings and not just their own ?
[00:09:04.000 --> 00:09:09.000] So there they lost not only their money , but the money of the whole family , cousins , uncles , etc .
[00:09:09.000 --> 00:09:15.000] Why ? Because they have no other chance of saving or multiplying their money .
[00:09:15.000 --> 00:09:19.000] That 's what it 's about . Because the state does not give them such a chance .
[00:09:19.000 --> 00:09:28.000] Poland has one of the most difficult , most complex and least friendly regulations in the entire European Union .
[00:09:28.000 --> 00:09:33.000] Don 't be surprised if people have some options and someone says ,
[00:09:33.000 --> 00:09:40.000] " Listen , you can earn here as much as you would run a business , which is a drama in Poland , a nightmare ."
[00:09:40.000 --> 00:09:45.000] People , just like in the lot to , if there is something poor , what chance does he have to get a million z lot ys ?
[00:09:45.000 --> 00:09:47.000] Oh , it 's hard .
[00:09:47.000 --> 00:09:51.000] None . So what 's left for him ? People do it out of desperation .
[00:09:51.000 --> 00:09:57.000] So again , the bad government , stupid bri bery of the officials , is a scheme to our response .
[00:09:57.000 --> 00:10:03.000] But companies like Amber go ld devote a lot of money and attention to building their positive image .
[00:10:03.000 --> 00:10:11.000] Amber go ld for a long time was a widely respected company , which was famous , there was a lot of positive information about it .
[00:10:11.000 --> 00:10:15.000] Anyway , it 's a fairly common mechanism , because many companies of this kind , for example ,
[00:10:15.000 --> 00:10:18.000] hire famous people to their commercials , actors , politicians .
[00:10:18.000 --> 00:10:20.000] Do these people really not know what they are participating in ?
[00:10:20.000 --> 00:10:22.000] I would ask a different question .
[00:10:22.000 --> 00:10:28.000] Why didn 't they care what they were participating in and was it fair or maybe not ?
[00:10:28.000 --> 00:10:31.000] Maybe I 'll give you some world - f amous examples .
[00:10:31.000 --> 00:10:37.000] An infamous character of a super - f amous producer who was behind Mir ama x ,
[00:10:37.000 --> 00:10:43.000] that is Harvey Wein stein , who used sexually more beautiful actress es on a mass and system basis .
[00:10:43.000 --> 00:10:49.000] Literally everyone in the show business knew about it for decades .
[00:10:49.000 --> 00:10:53.000] And this is the most important thing , ladies and gentlemen , to remember , because it 's not somehow talked about , it 's hidden .
[00:10:53.000 --> 00:10:57.000] Everyone praised him publicly and , fun n ily enough ,
[00:10:57.000 --> 00:11:06.000] practically all of his victims gave him public thanks , for example , when he won film awards .
[00:11:06.000 --> 00:11:10.000] Now , of course , they are considered great victims , and this guy is in prison .
[00:11:10.000 --> 00:11:14.000] Let 's look more broadly at such phenomena , path ological phenomena .
[00:11:14.000 --> 00:11:18.000] It 's everywhere . Do you think nothing like this has happened in Poland ?
[00:11:18.000 --> 00:11:22.000] I don 't have any evidence , but I suspect that such situations have certainly happened .
[00:11:22.000 --> 00:11:28.000] I think that this is much more than just " ha pp ened ", because people are the same everywhere .
[00:11:28.000 --> 00:11:31.000] They have the same tendency to easy money .
[00:11:31.000 --> 00:11:34.000] There is only one difference , ladies and gentlemen .
[00:11:34.000 --> 00:11:39.000] Social consent for such actions and for the consequences in the case of catching .
[00:11:39.000 --> 00:11:43.000] In our country , being a thief , liar or fraud ster has practically no consequences .
[00:11:43.000 --> 00:11:46.000] You can be in the government or the Se jm for years .
[00:11:46.000 --> 00:11:49.000] Let me remind you of the famous case of S owa and her friends .
[00:11:49.000 --> 00:11:53.000] High ly - rank ed people , also from the government , said scand alous things .
[00:11:53.000 --> 00:11:55.000] And do you know who was the only conv ict ?
[00:11:55.000 --> 00:11:56.000] Yes , Kell ner .
[00:11:56.000 --> 00:11:58.000] That 's why we have these cases .
[00:11:58.000 --> 00:12:02.000] And so the only conv ict will be a couple of co gs or some Kell ner .
[00:12:02.000 --> 00:12:08.000] But not those who really did nasty things and benefited from it .
[00:12:08.000 --> 00:12:13.000] Mr . Mar ius z , ten years ago , when the Amber Gold case broke out , there were not many such cases .
[00:12:13.000 --> 00:12:19.000] At that time , there were probably 18 , 000 people injured , who lost a total of 8 50 million z lot ys .
[00:12:19.000 --> 00:12:22.000] Indeed , these are figures that make a big impression .
[00:12:22.000 --> 00:12:25.000] But now the whole thing and the whole procedure has made us more common .
[00:12:25.000 --> 00:12:28.000] Actually , at any moment , each of us can become a victim of fraud .
[00:12:28.000 --> 00:12:31.000] Because we get all kinds of emails , phones .
[00:12:31.000 --> 00:12:34.000] We have to keep an eye on each other all the time so that someone does not reveal their personal data .
[00:12:34.000 --> 00:12:38.000] So that something does not happen , as a result of which we lose money .
[00:12:38.000 --> 00:12:41.000] It has become institutional .
[00:12:41.000 --> 00:12:47.000] Are international police organizations not able to deal with such crime ?
[00:12:47.000 --> 00:12:48.000] Of course not .
[00:12:48.000 --> 00:12:51.000] And they have no chance of it .
[00:12:51.000 --> 00:12:55.000] The police have no chance of dealing with it effectively .
[00:12:55.000 --> 00:12:59.000] For you , I can give you one aspect , which I can say .
[00:12:59.000 --> 00:13:08.000] That is , politically , business - wise , the police are , to put it mild ly , discouraged from catching certain criminals .
[00:13:08.000 --> 00:13:11.000] And even from del ving into certain crimes .
[00:13:11.000 --> 00:13:14.000] And they are rewarded for not doing it .
[00:13:14.000 --> 00:13:17.000] Or let 's say they do it ind isc rimin ately .
[00:13:17.000 --> 00:13:20.000] They will not complete all the activities or they will not try very hard .
[00:13:20.000 --> 00:13:23.000] Let 's always ask ourselves a question .
[00:13:23.000 --> 00:13:28.000] Does our society tolerate dishon esty , fraud , lying , theft ?
[00:13:28.000 --> 00:13:34.000] And what consequences will people who will be associated with it , will be caught ?
[00:13:34.000 --> 00:13:38.000] Well , it seems to me that we feel more and more powerless .
[00:13:38.000 --> 00:13:44.000] It anno ys us , we are irritated by fraud , but I have not heard of cases of de ce ived people .
[00:13:44.000 --> 00:13:46.000] Usually , the petals fall .
[00:13:46.000 --> 00:13:50.000] Let me tell you a joke that I personally enjoy a lot .
[00:13:50.000 --> 00:13:57.000] How a tourist walks and suddenly sees a p oo l , next to which sits such a beautiful shepherd 's dog .
[00:13:57.000 --> 00:13:59.000] So big and white .
[00:13:59.000 --> 00:14:00.000] Pod hal a ? ski Shepherd .
[00:14:00.000 --> 00:14:01.000] Beauty .
[00:14:01.000 --> 00:14:07.000] Only that this dog is terribly sniff ing , but also his heart is pounding .
[00:14:07.000 --> 00:14:12.000] And this shepherd is completely un mo ved , he is poking a fire cr acker and does not pay attention to it at all .
[00:14:12.000 --> 00:14:16.000] The tourist was so intrigued by it that he could not stand it and went to the shepherd and said ,
[00:14:16.000 --> 00:14:24.000] " Well , shepherd , what 's going on ? The dog is sniff ing you terribly , I can 't listen to it , and you are not doing anything here ?"
[00:14:24.000 --> 00:14:27.000] " What am I supposed to do at night ? The dog sat on the nail .
[00:14:27.000 --> 00:14:30.000] Why then ? It will not get up ."
[00:14:30.000 --> 00:14:33.000] And the shepherd looks at him with wisdom .
[00:14:33.000 --> 00:14:39.000] " Or , mister , this is how it is in the world . Either a dog is too lazy or a nail is too blunt ."
[00:14:39.000 --> 00:14:43.000] Maybe we are just not stolen enough , not enough honest .
[00:14:43.000 --> 00:14:47.000] There is also not enough of this still in abil ity ,
[00:14:47.000 --> 00:14:52.000] purpose ful or fake inability of officials , polic emen , politicians .
[00:14:52.000 --> 00:14:56.000] Maybe this nail is just not sharp enough .
[00:14:56.000 --> 00:15:02.000] We still accept it and we still do not want to move our famous four letters ,
[00:15:02.000 --> 00:15:04.000] so that this nail stops sticking in .
[00:15:04.000 --> 00:15:09.000] Because let 's not count on someone to come up with a brilliant idea on their own .
[00:15:09.000 --> 00:15:14.000] That we will get to work , we will be strong in the center , we will be honest , we will not steal , we will not take b rib es .
[00:15:14.000 --> 00:15:16.000] The world does not work like that .
[00:15:16.000 --> 00:15:21.000] So as long as there is no social , very strong pressure ,
[00:15:21.000 --> 00:15:27.000] forcing effects , for example , from officials , politicians , polic emen , from mass media ,
[00:15:27.000 --> 00:15:33.000] there is no other method than waiting for the next scandal , because it will be , ladies and gentlemen .
[00:15:33.000 --> 00:15:35.000] Mr . Mar ius z , it 's time for the second break .
[00:15:35.000 --> 00:15:36.000] The second break .
[00:15:37.000 --> 00:15:38.000] The second break .
[00:15:39.000 --> 00:15:40.000] The second break .
[00:15:40.000 --> 00:15:41.000] The second break .
[00:16:08.000 --> 00:16:10.000] This is " G ran ie ", Mr . Mar ius z .
[00:16:10.000 --> 00:16:13.000] We 're back to the subject of financial pyram ids , big sc ams .
[00:16:13.000 --> 00:16:17.000] I personally have the impression that modern technology is a bit of a help to sc ammers ,
[00:16:17.000 --> 00:16:21.000] who are doing great on the Internet .
[00:16:21.000 --> 00:16:26.000] Because in the past , to get a loan , you had to fake someone 's signature ,
[00:16:26.000 --> 00:16:31.000] fake his documents , identify yourself and go to the bank .
[00:16:31.000 --> 00:16:35.000] And today it is enough to know the P ES EL number , know a few personal data ,
[00:16:35.000 --> 00:16:41.000] to get a large loan , even if it 's on the Internet , and not at the bank .
[00:16:41.000 --> 00:16:44.000] Anyway , someone else will pay this loan for someone else .
[00:16:44.000 --> 00:16:49.000] Do you agree that civil ized am ends have turned against people ?
[00:16:49.000 --> 00:16:51.000] Why else would it be ?
[00:16:51.000 --> 00:16:55.000] All inventions work exactly the same .
[00:16:55.000 --> 00:16:59.000] Once , to attack someone , you have to be strong , gather a whole gang of similar killers ,
[00:16:59.000 --> 00:17:02.000] practice for years , and by the way , it was easy to die .
[00:17:02.000 --> 00:17:06.000] And the caught was publicly cut and hang ed .
[00:17:06.000 --> 00:17:11.000] Currently , as long as the an emic with a gun can attack anyone effectively ,
[00:17:11.000 --> 00:17:15.000] and at most he will end up with a life sentence at the cost of the victim .
[00:17:15.000 --> 00:17:20.000] Not only that , even an even bigger an emic , who only has a keyboard in his hand ,
[00:17:20.000 --> 00:17:25.000] can steal millions , and even sometimes billions , without leaving the house .
[00:17:25.000 --> 00:17:29.000] And he will never be judged , in most cases ,
[00:17:29.000 --> 00:17:33.000] and even convicted of any crimes .
[00:17:33.000 --> 00:17:36.000] I will remind you of the biggest scandal in Poland ,
[00:17:36.000 --> 00:17:40.000] called the mother of all Polish scand als .
[00:17:40.000 --> 00:17:45.000] According to the indict ment , the state lost 120 million dollars ,
[00:17:45.000 --> 00:17:49.000] 9 million marks , 18 million franc s , etc .
[00:17:49.000 --> 00:17:52.000] The losses were absurd ly gigantic .
[00:17:52.000 --> 00:17:54.000] Another mega scandal .
[00:17:54.000 --> 00:18:00.000] The famous Art - B , the men of the G ? s ior owski bank , were the richest people in Poland .
[00:18:00.000 --> 00:18:04.000] They had colleagues , such as Jer zy D zi ew uls ki , head of the anti - terror ist brigade .
[00:18:04.000 --> 00:18:09.000] They had marsh als of the Se jm , Senate , ministers , dep uties , bank managers .
[00:18:09.000 --> 00:18:13.000] Are you surprised that they managed to steal hundreds of millions for years ?
[00:18:13.000 --> 00:18:16.000] And do you know why all these sc and als were revealed ?
[00:18:16.000 --> 00:18:21.000] Not by the police , not by the police , not by the Ministry of Justice , not !
[00:18:21.000 --> 00:18:24.000] The scandal was revealed by an ordinary official ,
[00:18:24.000 --> 00:18:29.000] who controlled one of the companies where all the money was stolen .
[00:18:29.000 --> 00:18:32.000] Of course , he did not survive it , just as his super i or did not survive it ,
[00:18:32.000 --> 00:18:37.000] and many other people who were involved in the chase and revealing of these bandits .
[00:18:37.000 --> 00:18:41.000] So let 's move on to a very practical part of our hearing .
[00:18:41.000 --> 00:18:46.000] Mr . Mar ius z , how to find out that the company we want to give the money to is the pyramid ?
[00:18:46.000 --> 00:18:49.000] Which one will we actually lose everything sooner or later ?
[00:18:49.000 --> 00:18:55.000] First of all , incredibly useful stories about profits and low costs ,
[00:18:55.000 --> 00:18:59.000] as required to achieve these great profits .
[00:18:59.000 --> 00:19:03.000] Something is too good to be true .
[00:19:03.000 --> 00:19:06.000] And here this rule works perfectly .
[00:19:06.000 --> 00:19:09.000] This is usually the main warning signal .
[00:19:09.000 --> 00:19:12.000] Next , who manages it , who is behind it ?
[00:19:12.000 --> 00:19:20.000] If it 's a bunch of strangers who suddenly start trading gold and amber ,
[00:19:20.000 --> 00:19:23.000] what are their experiences , what are their legitim ations ?
[00:19:23.000 --> 00:19:27.000] You know , to do something well in economics , business , management ,
[00:19:27.000 --> 00:19:31.000] you need to have years of experience , make many mistakes .
[00:19:31.000 --> 00:19:33.000] Another , third rule .
[00:19:33.000 --> 00:19:38.000] Never invest in something you don 't know about .
[00:19:38.000 --> 00:19:43.000] You don 't know about diamonds , don 't invest in diamonds , you don 't know about gold , don 't invest in gold .
[00:19:43.000 --> 00:19:46.000] This is the golden rule of investment .
[00:19:46.000 --> 00:19:53.000] If you follow these three rules , you won 't be able to fall into any financial trap .
[00:19:53.000 --> 00:20:00.000] Mr . Mar ius z , I suspect that your rules will result in people keeping money in a sock or on a bank account .
[00:20:00.000 --> 00:20:03.000] You 're right , because people don 't have knowledge .
[00:20:03.000 --> 00:20:08.000] I think what you 're doing is very wise , noble and helpful ,
[00:20:08.000 --> 00:20:16.000] because educating people in the economy is the foundation for them to learn what to invest in , what makes sense ,
[00:20:16.000 --> 00:20:21.000] what are the real gains you can get from any business ,
[00:20:21.000 --> 00:20:25.000] these are very valuable lessons , but they don 't learn it in school .
[00:20:25.000 --> 00:20:30.000] Not only do they not get this knowledge , they are also being fooled by celebrities , politicians ,
[00:20:30.000 --> 00:20:34.000] by complete nonsense or aim less fraud .
[00:20:34.000 --> 00:20:39.000] Mr . Mar ius z , as a journalist , I had a few opportunities to talk to people who lost a lot of money ,
[00:20:39.000 --> 00:20:42.000] sometimes they saved their lives in suspicious businesses ,
[00:20:42.000 --> 00:20:46.000] because they simply trusted the offer too much .
[00:20:46.000 --> 00:20:48.000] These are terrible dramas .
[00:20:48.000 --> 00:20:53.000] I talked to people who had suicidal thoughts , who were even in danger of moving to something
[00:20:53.000 --> 00:20:56.000] and , I don 't know , they will shoot these fraud sters if they see them on the street .
[00:20:56.000 --> 00:21:00.000] Are there any methods to at least partially recover this money ?
[00:21:00.000 --> 00:21:03.000] Is it better to go to a long - term court ,
[00:21:03.000 --> 00:21:06.000] or do you have to look for help from the police , institutions ,
[00:21:06.000 --> 00:21:12.000] or just hire gang sters who will go and beat someone to get our money ?
[00:21:12.000 --> 00:21:16.000] Yes , there are such opportunities , we are even talking about amber gold .
[00:21:16.000 --> 00:21:20.000] Not everyone lost money , some of them can even recover it .
[00:21:20.000 --> 00:21:26.000] There was a group appeal and they were actually sentenced to a million z lot ys in some cases .
[00:21:26.000 --> 00:21:31.000] After the appeal , the regional prosecutor 's office in G da ?sk , the district prosecutor 's office in G da ?sk ,
[00:21:31.000 --> 00:21:34.000] was convicted of the off er ,
[00:21:34.000 --> 00:21:39.000] which means that the prosecutor 's office is guilty of people being robbed .
[00:21:39.000 --> 00:21:43.000] The funny thing is that the money will go to this from the budget .
[00:21:43.000 --> 00:21:47.000] The Pol es will be robbed to give to other robbed Pol es .
[00:21:47.000 --> 00:21:49.000] But where to look for help ?
[00:21:49.000 --> 00:21:50.000] Good question .
[00:21:50.000 --> 00:21:54.000] Looking for it in typical places is ineffective .
[00:21:54.000 --> 00:21:58.000] Fortunately , thanks to the activities of people like you , for example ,
[00:21:58.000 --> 00:22:03.000] who inf orm certain things , it is an increasingly well - known topic , a significant topic ,
[00:22:03.000 --> 00:22:09.000] and people are getting more and more , as you said , they are starting to get nervous and ask uncomfortable questions .
[00:22:09.000 --> 00:22:15.000] This has forced the government to take some action .
[00:22:15.000 --> 00:22:17.000] Where can it be reported ?
[00:22:17.000 --> 00:22:19.000] I would personally recommend NAS K .
[00:22:19.000 --> 00:22:22.000] Since 2018 , they have been officially engaged in this in Poland .
[00:22:22.000 --> 00:22:26.000] They have a special website that they manage , inc ident . c ert . pl .
[00:22:26.000 --> 00:22:33.000] Please note that very often these crimes are not just an ordinary attack on us on the street ,
[00:22:33.000 --> 00:22:36.000] but on something we call soci otechn ics ,
[00:22:36.000 --> 00:22:42.000] where the final is often irre vers ible loss of a part or even the entire savings of our lives .
[00:22:42.000 --> 00:22:47.000] I suggest that you report any suspicion .
[00:22:47.000 --> 00:22:52.000] Normally , it is difficult for the police , but better methods are created .
[00:22:52.000 --> 00:22:56.000] I decided that my foundation will create such a website ,
[00:22:56.000 --> 00:23:03.000] where we will give a set of simple tips and we will give all the links where and in what situations to report .
[00:23:03.000 --> 00:23:04.000] It is very simple .
[00:23:04.000 --> 00:23:08.000] Most often you can do it literally by one SMS or one email .
[00:23:08.000 --> 00:23:14.000] You do not do the whole very unpleasant and long - term and often unfortunately not very fruitful procedure .
[00:23:14.000 --> 00:23:22.000] It is enough that you send , for example , a message that you received or an email from a Niger ian prince .
[00:23:22.000 --> 00:23:30.000] This type of thing we have to redirect to special people who know the subject matter and it is not the police , unfortunately .
[00:23:30.000 --> 00:23:35.000] And there are just big chances that , first of all , we will not fall into the cl utches of sc ammers .
[00:23:35.000 --> 00:23:39.000] And secondly , these sc ammers will be really blocked , chased .
[00:23:39.000 --> 00:23:41.000] Mr . Mar ius z , thank you very much for today 's conversation .
[00:23:41.000 --> 00:23:48.000] Let 's hope that its effect will be that at least one or two people will warn their money against sc ammers .
[00:23:48.000 --> 00:23:51.000] R ead ers , we would like to ask for your attention in a moment .
[00:23:51.000 --> 00:23:54.000] Pract ical information on how and where to seek help .
[00:23:54.000 --> 00:23:56.000] Mar ius z Stef ani ak , financial economist .
[00:23:56.000 --> 00:23:57.000] Thank you again .
[00:23:57.000 --> 00:23:58.000] Thank you .
[00:23:58.000 --> 00:24:00.000] The program was led by Kr z ysz to f Stra uch man .
[00:24:00.000 --> 00:24:10.000] Listen ers of other radio and audio broadcast s " What 's Play ed " are welcome on the website www . aud y cje . com . pl .
[00:24:10.000 --> 00:24:17.000] You can listen to the latest economic interviews with Mar ius z Stef ani ak and find practical advice .
[00:24:17.000 --> 00:24:20.000] We also encourage you to contact the au th ors of the broadcast .
[00:24:25.000 --> 00:24:32.000] Other radio stations - in G ? uch o ? az ie and the area - 105 i 2 .
[00:24:32.000 --> 00:24:34.000] P ARR OT TV
[00:00:00.000 --> 00:00:08.000] [ music ]
[00:00:08.000 --> 00:00:10.000] What 's up , Mr . Mar ius z ?
[00:00:10.000 --> 00:00:12.000] What did you hear there again ?
[00:00:12.000 --> 00:00:13.000] What 's up , Mr . Mar ius z ?
[00:00:13.000 --> 00:00:17.000] Mar ius z Stef ani ak , economist , financi er , president of the Foundation of More Wis dom .
[00:00:17.000 --> 00:00:22.000] Today about the intentions of American billion aires , about honesty in business
[00:00:22.000 --> 00:00:25.000] and whether we should support honest or dishon est business .
[00:00:25.000 --> 00:00:32.000] American billionaire Warren Buff ett has been selling stock from stock exchanges regularly for a few months ,
[00:00:32.000 --> 00:00:34.000] which he bought earlier .
[00:00:34.000 --> 00:00:36.000] What do you think ?
[00:00:36.000 --> 00:00:38.000] Why does he need the capital he concent rates on ?
[00:00:38.000 --> 00:00:41.000] Is he preparing something new , some new business ?
[00:00:41.000 --> 00:00:45.000] Or maybe he 's afraid of sudden drops in the stock exchange and losses in the stock market ?
[00:00:45.000 --> 00:00:51.000] This is probably much more serious and means more than only listeners could ded uce from your words .
[00:00:51.000 --> 00:00:56.000] We 're talking about someone completely unique here , the so - called " Z om ach 's Wh istle ",
[00:00:56.000 --> 00:01:02.000] the " leg end of investment ", about something I don 't remember yet in my life ,
[00:01:02.000 --> 00:01:07.000] that is , the compression of his capital on a scale not seen .
[00:01:07.000 --> 00:01:09.000] Reason number one that comes to mind .
[00:01:09.000 --> 00:01:11.000] Well , the guy went crazy .
[00:01:11.000 --> 00:01:14.000] Well , he 's got his years , Mr . Warren Buff ett is over 90 years old .
[00:01:14.000 --> 00:01:19.000] Yes , well , maybe something has been moving in his brain and he 's starting to do such strange things .
[00:01:19.000 --> 00:01:24.000] The second thing in his head is black mail ed in some unusual way .
[00:01:24.000 --> 00:01:26.000] Maybe he 's got into some crazy debt .
[00:01:26.000 --> 00:01:30.000] Maybe some woman has an influence on it .
[00:01:30.000 --> 00:01:32.000] These are the typical reasons .
[00:01:32.000 --> 00:01:36.000] Well , of course , you mentioned a different version .
[00:01:36.000 --> 00:01:42.000] You said that maybe he 's planning something , maybe he wants to run away with this money , shares ,
[00:01:42.000 --> 00:01:47.000] and maybe for some reason he needs to have such a supply of cash .
[00:01:47.000 --> 00:01:50.000] I won 't be able to talk in a few minutes and explain all the options ,
[00:01:50.000 --> 00:01:55.000] but I can give you a summary and maybe some additional links , materials ,
[00:01:55.000 --> 00:02:02.000] for aud y cje . com . pl , which is the initiative that we came up with together during one of our aud itions .
[00:02:02.000 --> 00:02:05.000] Mr . Mar ys ia , let 's go back to Warren Buff ett ,
[00:02:05.000 --> 00:02:11.000] because the listeners need to understand the scale of the savings that the older man has accumulated .
[00:02:11.000 --> 00:02:15.000] He didn 't spend them , it 's cash , it 's capital that can be immediately disp osed of .
[00:02:15.000 --> 00:02:16.000] How much did he take ?
[00:02:16.000 --> 00:02:20.000] We 're talking about pretty serious money here .
[00:02:20.000 --> 00:02:25.000] As I quickly looked at his reports , which I give to the participants ,
[00:02:25.000 --> 00:02:34.000] in the last quarter alone he sold shares worth 5 . 3 billion dollars in the last three months .
[00:02:34.000 --> 00:02:41.000] At the same time , it increased the cash by 10 billion in half a year .
[00:02:41.000 --> 00:02:48.000] It 's almost like he 's adding 5 billion every three months .
[00:02:48.000 --> 00:02:56.000] We 're talking about 10 billion in cash , but his capital is estimated at 7 . 6 billion ,
[00:02:56.000 --> 00:03:00.000] which is less than 1 . 5 %.
[00:03:00.000 --> 00:03:03.000] But how much does he lose on it ?
[00:03:03.000 --> 00:03:06.000] What is the cost of withdraw ing this money ?
[00:03:06.000 --> 00:03:08.000] Because , of course , this money works for him .
[00:03:08.000 --> 00:03:15.000] I quickly calculated it . We assume an average of 21 % per year on our investments .
[00:03:15.000 --> 00:03:18.000] In come from the invested capital , right ?
[00:03:18.000 --> 00:03:23.000] Yes . In fl ation in the USA in September , calculated in CP I , was 3 . 7 .
[00:03:23.000 --> 00:03:30.000] It turned out that this would give him about 60 million in costs of this quarter ly withdrawal .
[00:03:30.000 --> 00:03:36.000] So he has to think that he will earn more , because if he gets such a cost , it means that we have to pay for it .
[00:03:36.000 --> 00:03:44.000] I quickly calculated it . It gives 240 million such costs per year , plus what he normally gets from the profits ,
[00:03:44.000 --> 00:03:46.000] which is another 50 million .
[00:03:46.000 --> 00:03:56.000] So he has to count on the fact that he will earn 300 million or more from the 10 billion he has withdrawn in the last few months .
[00:03:56.000 --> 00:04:05.000] Because , in fact , if you add up what he already had before , he currently has 15 7 billion dollars .
[00:04:05.000 --> 00:04:11.000] And this is , ladies and gentlemen , the largest his cash position in history .
[00:04:11.000 --> 00:04:19.000] Mr . Mar ys ia , but huge money , because 150 billion dollars , times 4 , is about 6 .
[00:04:19.000 --> 00:04:24.000] Almost 700 billion . And you know , it 's more than the entire Polish budget .
[00:04:24.000 --> 00:04:33.000] So one person really has more money in his hand than we as a whole nation plan to have for the whole year .
[00:04:33.000 --> 00:04:35.000] Including the deficit , i . e . the debts we owe .
[00:04:35.000 --> 00:04:41.000] Mr . Mar ys ia , but he doesn 't do anything with this money , he keeps it . And it seems to have been going on for a few months .
[00:04:41.000 --> 00:04:42.000] What is he waiting for ?
[00:04:42.000 --> 00:04:46.000] You know what ? This is a question for a billion dollars .
[00:04:46.000 --> 00:04:56.000] It may indeed